Oshwal Properties Limited 30/06/2026 iXBRL

Company registration number: 5150974

Oshwal Properties Limited

Unaudited filleted financial statements

30 June 2026

Oshwal Properties Limited

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Oshwal Properties Limited

Directors and other information


	Directors	Mr Jatish J Malde
		Mr Divyesh J Malde
		Mr Samir Shah


	Secretary	Jatish Malde


	Company number	5150974


	Registered office	11 Greenhill Crescent
		Watford Business Park
		Watford
		Herts
		WD18 8QU


	Business address	11 Greenhill Crescent
		Watford Business Park
		Watford
		Herts
		WD18 8QU


	Accountants	P R Shah & Co
		10 Bouverie Gardens
		Kenton
		Harrow
		Middlesex
		HA3 0RQ




	Bankers	LLoyds Bank Plc
		Hemel Hempstead Branch
		PO Box 1000
		Andover
		BX1 1LT

Oshwal Properties Limited

Statement of financial position

30 June 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	4	1,100,977		1,100,977
		_______		_______
			1,100,977		1,100,977

Current assets
Debtors	5	7,403		-
Cash at bank and in hand		338,927		343,580
		_______		_______
		346,330		343,580
Creditors: amounts falling due
within one year	6	( 32,788)		( 41,191)
		_______		_______
Net current assets			313,542		302,389
			_______		_______
Total assets less current liabilities			1,414,519		1,403,366

			_______		_______
Net assets			1,414,519		1,403,366
			_______		_______

Capital and reserves
Called up share capital			100,000		100,000
Profit and loss account			1,314,519		1,303,366
			_______		_______
Shareholders funds			1,414,519		1,403,366
			_______		_______

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 15 July 2026 , and are signed on behalf of the board by:

Mr Jatish J Malde

Director

Company registration number: 5150974

Oshwal Properties Limited

Statement of changes in equity

Year ended 30 June 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 July 2024	100,000	1,280,097	1,380,097

Profit for the year		23,269	23,269
	_______	_______	_______
Total comprehensive income for the year	-	23,269	23,269

	_______	_______	_______
At 30 June 2025 and 1 July 2025	100,000	1,303,366	1,403,366

Profit for the year		11,153	11,153
	_______	_______	_______
Total comprehensive income for the year	-	11,153	11,153

	_______	_______	_______
At 30 June 2026	100,000	1,314,519	1,414,519
	_______	_______	_______

Oshwal Properties Limited

Notes to the financial statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Oshwal Properties Limited, 11 Greenhill Crescent, Watford Business Park, Watford, Herts, WD18 8QU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover comprises of the total rental receivable by the Company.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

The Company's properties are held for long-term investment. Investment properties are accounted for as follows: Investment properties are initially recognised at cost which includes purchase cost and any directly attributed expenditure. Investment properties whose fair value can be measured reliably are measured at fair value. The surplus or deficit on revaluation is recognised in the profit and loss account, accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is permanent, in which case it is recognised in the profit and loss account for the year.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Freehold investment property	Total
	£	£
Cost
At 1 July 2025 and 30 June 2026	1,100,977	1,100,977
	_______	_______
Depreciation
At 1 July 2025 and 30 June 2026	-	-
	_______	_______
Carrying amount
At 30 June 2026	1,100,977	1,100,977
	_______	_______
At 30 June 2025	1,100,977	1,100,977
	_______	_______

The above comprises of freehold investment properties. In the opinion of the directors, the market value of the freehold investment properties is at least in excess of cost. The Investment properties are revalued annually at each Balance Sheet date by the directors to reflect their fair value. Director valuations are based on advice received from independent valuers. Such valuations are performed on an open market basis, being the amounts for which the assets could be exchanged between a knowledgeable willing buyer and a knowledgeable willing seller in an arms length transaction at the valuation date.

5. Debtors

	2026	2025
	£	£
Trade debtors	1,468	-
Other debtors	5,935	-
	_______	_______
	7,403	-
	_______	_______

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	7,599	5,189
Corporation tax	2,746	7,114
Other creditors	22,443	28,888
	_______	_______
	32,788	41,191
	_______	_______

7. Controlling party

None of the Directors or shareholders individually control the Company.