Gulati Express Ltd - Filleted accounts

Registered number

15269530

Gulati Express Ltd

Filleted Accounts

30 November 2025

Gulati Express Ltd
Registered number:		15269530
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		136,364			-
Tangible assets	4		79,455			-
			215,819			-

Current assets
Debtors	5	79,164			1,734
Cash at bank and in hand		4,900			51,267
		84,064			53,001

Creditors: amounts falling due within one year	6	(337,478)			(54,201)

Net current liabilities			(253,414)			(1,200)

Net liabilities			(37,595)			(1,200)

Capital and reserves
Called up share capital			100			2
Profit and loss account			(37,695)			(1,202)

Shareholders' funds			(37,595)			(1,200)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Inmeet Kaur
Director
Approved by the board on 4 August 2026

Gulati Express Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the rent received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental property held by the company. Turnover from the rental property is recognised on accrual basis.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Fixtures, fittings, tools and equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


3	Intangible fixed assets					£
	Goodwill:

	Cost
	Additions					150,000
	At 30 November 2025					150,000

	Amortisation
	Provided during the year					13,636
	At 30 November 2025					13,636

	Net book value
	At 30 November 2025					136,364

	Goodwill is being written off in equal annual instalments over its estimated economic life of 11 years.


4	Tangible fixed assets
		Leasehold land and buildings		Fixtures, fittings, tools and equipment		Total
£			£		£
	Cost
	Additions	28,000		72,000		100,000
	At 30 November 2025	28,000		72,000		100,000

	Depreciation
	Charge for the year	2,545		18,000		20,545
	At 30 November 2025	2,545		18,000		20,545

	Net book value
	At 30 November 2025	25,455		54,000		79,455


5	Debtors			2025		2024
£					£

	Trade debtors			4,347		-
	Other debtors			74,817		1,734
				79,164		1,734


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			3,477		-
	Other creditors			334,001		54,201
				337,478		54,201


7	Other information

	Gulati Express Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	1B, First Floor
	142 Johnson Street
	Southall
	Middlesex
	UB2 5FD