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REGISTERED NUMBER: SC328815 (Scotland)

| Financial Statements |

| for the Year Ended 31 August 2025 |

| for |

| Khanna Homes Ltd. |

Khanna Homes Ltd. (Registered number: SC328815)

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Khanna Homes Ltd.

Company Information

for the Year Ended 31 August 2025

| DIRECTOR: | Mr M Khanna

| REGISTERED OFFICE: | Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

| REGISTERED NUMBER: | SC328815 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

Khanna Homes Ltd. (Registered number: SC328815)

Statement of Financial Position

31 August 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 3 | 2,390 |  | 2,811 |  |

Investment property | 4 | 1,233,740 |  | 1,205,000 |  |

1,236,130 |  | 1,207,811 |  |

CURRENT ASSETS

Debtors | 5 | 96,977 |  | 98,887 |  |

Cash at bank | 10,559 |  | 126,739 |  |

107,536 |  | 225,626 |  |

CREDITORS

Amounts falling due within one year | 6 | 252,500 |  | 281,978 |  |

NET CURRENT LIABILITIES | (144,964 | ) | (56,352 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,091,166 |  | 1,151,459 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (695,144 | ) | (786,551 | ) |

PROVISIONS FOR LIABILITIES | 9 | (22,906 | ) | (31,807 | ) |

NET ASSETS | 373,116 |  | 333,101 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1,100 |  | 1,100 |  |

Investment property revaluatio n reserve | 195,704 |  | 195,704 |  |

Retained earnings | 176,312 |  | 136,297 |  |

SHAREHOLDERS' FUNDS | 373,116 |  | 333,101 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Khanna Homes Ltd. (Registered number: SC328815)

Statement of Financial Position - continued

31 August 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 August 2026 and were signed by:

Mr M Khanna - Director

Khanna Homes Ltd. (Registered number: SC328815)

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Going concern

| The directors continue to be satisfied that the company has adequate resources to continue in operation for the next 12 months. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 15% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Khanna Homes Ltd. (Registered number: SC328815)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

1. | ACCOUNTING POLICIES - continued

| Turnover

| Revenure represents the amounts received from the rental of housing properties, excluding value added tax.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

3. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures

| and

| fittings

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 6,336 |  |

| DEPRECIATION

| At 1 September 2024 | 3,525 |  |

| Charge for year | 421 |  |

| At 31 August 2025 | 3,946 |  |

| NET BOOK VALUE

| At 31 August 2025 | 2,390 |  |

| At 31 August 2024 | 2,811 |  |

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024 | 1,205,000 |  |

| Additions | 117,740 |  |

| Disposals | (89,000 | ) |

| At 31 August 2025 | 1,233,740 |  |

| NET BOOK VALUE

| At 31 August 2025 | 1,233,740 |  |

| At 31 August 2024 | 1,205,000 |  |

| Fair value at 31 August 2025 is represented by:

£ |

| Valuation in 2023 | 260,938 |  |

| Cost | 972,802 |  |

1,233,740 |  |

Khanna Homes Ltd. (Registered number: SC328815)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 96,977 |  | 98,887 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 50,822 |  | 56,629 |  |

| Taxation and social security | 10,190 |  | 11,204 |  |

| Other creditors | 191,488 |  | 214,145 |  |

252,500 |  | 281,978 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 695,144 |  | 786,551 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 503,777 |  | 560,034 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 745,966 |  | 843,180 |  |

| Shawbrook bank holds a security charge over the assets of the company.

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 22,906 |  | 31,807 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 31,807 |  |

| Provided during year | (8,901 | ) |

| Balance at 31 August 2025 | 22,906 |  |

Khanna Homes Ltd. (Registered number: SC328815)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,100 | Ordinary | £1.00 | 1,100 |  | 1,100 |  |

11. | RELATED PARTY DISCLOSURES

| There is a balance owed to the directors of £163,644 (2023 - £82,431) as at 31st August 2024. No interest was charged on this balance and there are no formal repayment terms.