Bhagat and Sons Pte Ltd


Directors	M S Bhagat
	BHAGAT, Rahil Munnawar
	BHAGAT, Shahilia Munnawar
	S M Bhagat


Registered Address	7 St Johns Road
	Harrow
	HA1 2EY


Registered Number	08896897 (England and Wales)

Balance Sheet as at
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		3,367,363		3,367,363
			3,367,363		3,367,363
Current assets
Cash at bank and on hand		152,749		89,468
		152,749		89,468
Creditors amounts falling due within one year	4	(601,469)		(537,413)
Net current assets (liabilities)			(448,720)		(447,945)
Total assets less current liabilities			2,918,643		2,919,418
Creditors amounts falling due after one year	5		(2,514,516)		(2,565,312)
Net assets			404,127		354,106
Capital and reserves
Called up share capital			100		100
Profit and loss account			404,027		354,006
Shareholders' funds			404,127		354,106

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2026, and are signed on its behalf by:

M S Bhagat
Director
Registered Company No. 08896897

Bhagat and Sons Pte Ltd

Notes to the Financial Statements
for the year ended 28 February 2026

1.	Accounting policies

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

	Statement of compliance
	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.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	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 it is probable that they will be recovered against the reversal of defferred tax liabilities or other future taxable profits.

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 it is probable that they will be recovered against the reversal of defferred tax liabilities or other future taxable profits.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Dep @25% RBM.

	Investments
	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.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 March 25	3,367,363
	At 28 February 26	3,367,363
	Net book value
	At 28 February 26	3,367,363
	At 28 February 25	3,367,363

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	3,577	2,338
Bank borrowings and overdrafts	121,306	125,762
Amounts owed to related parties	419,537	401,104
Taxation and social security	18,286	5,697
Other creditors	35,000	-
Accrued liabilities and deferred income	3,763	2,512
Total	601,469	537,413

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	914,516	965,312
Amounts owed to related parties	1,600,000	1,600,000
Total	2,514,516	2,565,312

6.	Related party transactions
	At the Balance Sheet date the company owed to the director £2,019,535 (2025: £1,977,233).