REGISTERED NUMBER: 04970075 (England and Wales)

Financial Statements for the Year Ended 31st December 2025

for

John Malik Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J J Malik

REGISTERED OFFICE:

Malvern Foot Clinic

67 Barnards Green Road

Malvern

Worcestershire

WR14 3LR

REGISTERED NUMBER:

04970075 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

27,554

38,248

Investment property

6

557,000

575,000

584,554

613,248

CURRENT ASSETS

Debtors

139

3,569

Cash at bank

246,924

246,173

247,063

249,742

CREDITORS

Amounts falling due within one year

9,733

13,338

NET CURRENT ASSETS

237,330

236,404

TOTAL ASSETS LESS CURRENT LIABILITIES

821,884

849,652

CREDITORS

Amounts falling due after more than one year

(28,331

)

(32,948

)

PROVISIONS FOR LIABILITIES

(48,561

)

(50,633

)

NET ASSETS

744,992

766,071

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable fund reserve

149,084

224,091

Retained earnings

595,808

541,880

744,992

766,071

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23rd September 2026 and were signed by:

J J Malik - Director

1.	STATUTORY INFORMATION

John Malik 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL

Goodwill has been amortised evenly over its estimated useful life of twenty years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

33% on cost and 15% on cost

Motor vehicles

-

25% 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2025

and 31st December 2025

15,000

AMORTISATION

At 1st January 2025

and 31st December 2025

15,000

NET BOOK VALUE

At 31st December 2025

-

At 31st December 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2025

and 31st December 2025

93,996

DEPRECIATION

At 1st January 2025

55,748

Charge for year

10,694

At 31st December 2025

66,442

NET BOOK VALUE

At 31st December 2025

27,554

At 31st December 2024

38,248

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

575,000

Revaluations

(18,000

)

At 31st December 2025

557,000

NET BOOK VALUE

At 31st December 2025

557,000

At 31st December 2024

575,000

During the prior year, the company reassessed the classification of two properties previously included within tangible fixed assets under "Land and Buildings". These properties are held to earn rental income and for capital appreciation. As such, they were reclassified as investment properties. Following reclassification, the properties are now measured at fair value, with changes in fair value recognised in the profit and loss account.

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

32,948

37,348

Hire purchase loans are secured by way of charges over the tangible assets to which they relate.