REGISTERED NUMBER: 11400990 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

AVATARA INC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S Kalyan

C Borkhatria

SECRETARY:

C Borkhatria

REGISTERED OFFICE:

39 Kingwell Road

Barnet

EN4 0HZ

REGISTERED NUMBER:

11400990 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

146,406

140,628

Investments

5

100

100

Investment property

6

12,990,000

10,000,000

13,136,506

10,140,728

CURRENT ASSETS

Debtors

7

353,180

235,496

Cash at bank

304,554

311,884

657,734

547,380

CREDITORS

Amounts falling due within one year

8

598,447

915,066

NET CURRENT ASSETS/(LIABILITIES)

59,287

(367,686

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,195,793

9,773,042

CREDITORS

Amounts falling due after more than one year

9

(4,926,622

)

(2,483,900

)

PROVISIONS FOR LIABILITIES

(1,472,285

)

(1,222,210

)

NET ASSETS

6,796,886

6,066,932

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

12

4,416,855

3,666,631

Retained earnings

12

2,379,931

2,400,201

SHAREHOLDERS' FUNDS

6,796,886

6,066,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

Ms S Kalyan - Director

1.	STATUTORY INFORMATION

Avatara Inc Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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.

Turnover

Turnover represents rental income and is recognised on an accrual basis.

Revenue recognition

Revenue is recognised when company receives the rent and is recorded to the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - Straight line over 10 years

Investment property

Investment property is measured at fair value at each reporting date with changes in fair value recognised in the profit or loss account.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Investment

Investment in the subsidiary is stated in the balance sheet at cost less impairment provision.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

property

£

COST

At 1 December 2024

168,837

Additions

24,541

At 30 November 2025

193,378

DEPRECIATION

At 1 December 2024

28,209

Charge for year

18,763

At 30 November 2025

46,972

NET BOOK VALUE

At 30 November 2025

146,406

At 30 November 2024

140,628

5.	FIXED ASSET INVESTMENTS

Investment

in

Subsidiary

Compa ny

£

COST

At 1 December 2024

and 30 November 2025

100

NET BOOK VALUE

At 30 November 2025

100

At 30 November 2024

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

10,000,000

Additions

1,989,702

Revaluations

1,000,298

At 30 November 2025

12,990,000

NET BOOK VALUE

At 30 November 2025

12,990,000

At 30 November 2024

10,000,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2019

1,138,464

Valuation in 2021

665,523

Valuation in 2022

442,982

Valuation in 2023

2,209,760

Valuation in 2024

432,112

Valuation in 2025

1,000,298

Cost

7,100,861

12,990,000

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by connected companies

78,005

-

Other debtors

77,777

82,852

155,782

82,852

Amounts falling due after more than one year:

Amounts owed by connected companies

197,398

152,644

Aggregate amounts

353,180

235,496

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

127,872

453,600

Trade creditors

1,705

3,860

Taxation and social security

-

5,620

Other creditors

468,870

451,986

598,447

915,066

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

4,926,622

2,483,900

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

4,322,015

-

4,322,015

-

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans within 1 year

127,872

453,600

Amounts falling due between one and two years:

Bank loans - 1-2 years

136,572

439,275

Amounts falling due between two and five years:

Bank loans - 2-5 years

468,035

2,044,625

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

4,322,015

-

4,322,015

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

5,054,494

2,937,500

The bank loan is secured by fixed and floating charges over the company's assets. The fixed charge is held over the investment properties owned by the company, while the floating charge covers all assets and undertakings of the company.

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 December 2024

2,400,201

3,666,631

6,066,832

Profit for the year

729,954

729,954

Fair value reserve

(750,224

)

750,224

-

At 30 November 2025

2,379,931

4,416,855

6,796,786

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the balance sheet date, the following balances were outstanding in respect of connected companies:

Details

Relation

2025

2024

£

£

Debtors :

Pebblestones Limited

Subsidiary

£197,398

£152,643

Autumn House Care Limited

Common director

£78,005

-

Also, included within creditors at the year end is £465,233 (2024: £448,464), an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.