REGISTERED NUMBER: 15136617 (England and Wales)

Audited Financial Statements for the Year Ended 31 March 2026

for

Asia Investments UK Private Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Singh

A Singh

M Chadha

SECRETARY:

Elemental Company Secretary Limited

REGISTERED OFFICE:

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

15136617 (England and Wales)

AUDITORS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Tangible assets

4

141,041

-

Investments

5

9,299,061

-

9,440,102

-

CURRENT ASSETS

Debtors

6

1,738,757

1,575,442

Cash at bank

694,517

467,765

2,433,274

2,043,207

CREDITORS

Amounts falling due within one year

7

221,852

539,425

NET CURRENT ASSETS

2,211,422

1,503,782

TOTAL ASSETS LESS CURRENT LIABILITIES

11,651,524

1,503,782

CAPITAL AND RESERVES

Called up share capital

9

17,051,000

4,051,000

Retained earnings

10

(5,399,476

)

(2,547,218

)

SHAREHOLDERS' FUNDS

11,651,524

1,503,782

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 28 September 2026 and were signed on its behalf by:

M Chadha - Director

1.	STATUTORY INFORMATION

Asia Investments UK Private Limited 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 (£).

The last period was shortened to six months (1 October 2024 to 31 March 2025) to align with the accounting periods of other group entities. Accordingly, the comparative figures for the prior period are not directly comparable.

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.

Turnover

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

Tangible fixed assets

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

Motor Vehicle - 20% Straight Line Basis

Fixtures and fittings comprise paintings and are not depreciated.

Investments in associates

Investments in associate are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The directors have a reasonable expectation that the company will continue to have adequate resources to remain in operational existence for the foreseeable future and also for a period of more than one year from the date of approval of these accounts. In addition to this, continued support will be available from the shareholders for the foreseeable future. Therefore, the going concern assumption has been applied in preparing these financial statement.

Cash and Cash Equivalent

Cash and cash equivalents comprise cash balances and call deposits.

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.

Leases

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Impairment of fixed assets

At each reporting date, the company reviews the carrying amounts of its assets for indications of impairment. If such indications exist, the recoverable amount of the asset is estimated.

An impairment loss is recognised whenever the carrying amount of an asset exceeds its recoverable amount. Impairment losses are recognised in the profit and loss account in the period in which they arise.

Where the circumstances giving rise to an impairment loss have reversed, the impairment loss is reversed through the profit and loss account, to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised previously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

Additions

15,000

157,551

172,551

At 31 March 2026

15,000

157,551

172,551

DEPRECIATION

Charge for year

-

31,510

31,510

At 31 March 2026

-

31,510

31,510

NET BOOK VALUE

At 31 March 2026

15,000

126,041

141,041

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

Additions

9,299,061

At 31 March 2026

9,299,061

NET BOOK VALUE

At 31 March 2026

9,299,061

6.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

89,392

168,815

Other debtors

290,443

55,628

379,835

224,443

Amounts falling due after more than one year:

Other debtors

1,358,922

1,350,999

Aggregate amounts

1,738,757

1,575,442

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

60,544

5,595

Taxation and social security

89,567

442,701

Other creditors

71,741

91,129

221,852

539,425

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

-

1,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

17,051,000

Ordinary

£1

17,051,000

4,051,000

13,000,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

10.

RESERVES

Retained

earnings

£

At 1 April 2025

(2,547,218

)

Deficit for the year

(2,852,258

)

At 31 March 2026

(5,399,476

)

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Melissa Bowers FCCA (Senior Statutory Auditor)

for and on behalf of Harts Limited

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, further advances of £5,924 were made to the director. The opening overdrawn balance on the Director’s Loan Account was £1,010,093, resulting in a closing overdrawn balance of £1,016,017 at the year end.

Interest is charged on the outstanding loan balance at a rate of 3.75% per annum. Total interest of £37,500 was recorded in the books and settled during the year.

As the loan remained outstanding at the balance sheet date, a liability under Section 455 of the Corporation Tax Act 2010 has been recognised and included within corporation tax creditors.

The loan is unsecured and is due for repayment in full on 26 September 2027.

13.	POST BALANCE SHEET EVENTS

After the reporting date and before these financial statements were authorised for issue, the Company issued 12,750,000 ordinary shares of £1 each for cash consideration. The shares were issued in two tranches and were fully paid on issue. As this is a non-adjusting event, it has not been reflected in these financial statements.

Prior to the reporting date, the Company commenced the process of acquiring hospitality businesses in Zambia. The acquisition was completed on 21 September 2026, subsequent to the reporting date, for consideration of approximately USD 10.3 million. As this represents a non-adjusting event, no adjustment has been made to the amounts recognised in these financial statements.

14.	ULTIMATE CONTROLLING PARTY

The controlling party is Asia Investments Private Limited, a company incorporated in India. The registered office address is:

29th Milestone, Pune Nashik Highways,

Taluka Khed, Village, Kuruli, Pune, Khed

Maharashtra India

41050.

The ultimate controlling party is Anand Automobile a partnership firm in India. The office address is:

1 Sri Aurobindo Marg

Hauz Khas,

New Delhi-110016