Penny Sangam Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12933806

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		4,729,658		4,482,207

			4,729,658		4,482,207
CURRENT ASSETS
Debtors	5	293,665		322,203
Cash at bank and in hand		57,495		50,669

		351,160		372,872
Creditors: Amounts Falling Due Within One Year	6	(23,585 )		(20,179 )

NET CURRENT ASSETS (LIABILITIES)			327,575		352,693

TOTAL ASSETS LESS CURRENT LIABILITIES			5,057,233		4,834,900

Creditors: Amounts Falling Due After More Than One Year	7		(3,094,836 )		(2,793,626 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(422,869 )		(422,868 )

NET ASSETS			1,539,528		1,618,406

CAPITAL AND RESERVES
Called up share capital	8		100		100
Revaluation reserve	9		1,691,475		1,691,475
Profit and Loss Account			(152,047 )		(73,169 )

SHAREHOLDERS' FUNDS			1,539,528		1,618,406

Page 1

Page 2

Penny Sangam Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Josh Arora

Director

31 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Penny Sangam Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12933806 . The registered office is Ground Floor, 5, Canberra Road, London, W13 9BF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company director, who is owed by the company, will not recall the loan owed to him until the company turns profitable and is financially able to repay.

2.3. Turnover

Turnover is measured at the fair value of the consideration for rent receivable, net of discounts.

2.4. Investment Properties

Investment properties are initially recognized at cost, including purchase price and directly attributable expenses. Subsequently, they are measured at fair value, with changes recognized in profit or loss. Upon disposal, the difference between net proceeds and carrying amount is recognized in profit or loss, and any revaluation surplus is transferred to retained earnings.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investment Property

	2025
	£
Fair Value
As at 1 November 2024	4,482,207
Additions	247,451

As at 31 October 2025	4,729,658

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	13,081
Other debtors	41	11,778

	41	24,859
Due after more than one year
Amounts owed by group undertakings	293,624	297,344

	293,665	322,203

Page 3

Page 4

Penny Sangam Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1,990
Corporation tax	323	215
Other creditors	23,262	17,974

	23,585	20,179

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,220,978	1,221,758
Amounts owed to group undertakings	1,873,858	1,571,868

	3,094,836	2,793,626

Bank loans is secured by first legal charge over investment property held by the company.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 November 2024	1,691,475	(73,169 )
Loss for the year and total comprehensive income	-	(78,878 )

As at 31 October 2025	1,691,475	(152,047 )

10. Ultimate Controlling Party

The company's ultimate controlling party is Arora Family Ltd by virtue of its ownership of 100% of the issued share capital in the company.