Aggarwal & Co Limited - Limited company accounts 25.1

REGISTERED NUMBER: 02567072 (England and Wales)

Aggarwal & Co Limited

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Statement of Financial Position

4

Statement of Changes in Equity

6

Notes to the Financial Statements

7

DIRECTORS:

A Aggarwal

REGISTERED OFFICE:

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

02567072 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of property investors and dealers.

DIRECTORS

A Aggarwal has held office during the whole of the period from 1 April 2025 to the date of this report.

Other changes in directors holding office are as follows:

R S Kalsi - resigned 31 March 2026

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A Aggarwal - Director

26 October 2026

TURNOVER

1,116,754

3,499,083

Administrative expenses

(198,768

)

1,457,309

1,315,522

2,041,774

Fair value revaluation of

investment property

-

(3,640

)

1,315,522

2,038,134

Income from shares in group undertakings

657,749

-

Interest receivable and similar income

33,450

20,456

691,199

20,456

2,006,721

2,058,590

Interest payable and similar expenses

235,408

10,464

PROFIT BEFORE TAXATION

1,771,313

2,048,126

Tax on profit

4

227,131

508,288

PROFIT FOR THE FINANCIAL YEAR

1,544,182

1,539,838

FIXED ASSETS

Tangible assets

5

15,202

470,629

Investments

6

4

Investment property

7

15,664,523

14,410,001

15,679,729

14,880,634

CURRENT ASSETS

Debtors

8

1,915,063

3,236,734

Cash at bank

1,728,195

1,219,597

3,643,258

4,456,331

CREDITORS

Amounts falling due within one year

9

2,198,137

954,867

NET CURRENT ASSETS

1,445,121

3,501,464

TOTAL ASSETS LESS CURRENT LIABILITIES

17,124,850

18,382,098

CREDITORS

Amounts falling due after more than one
year

10

(3,559,061

)

(4,006,984

)

PROVISIONS FOR LIABILITIES

(1,288,252

)

(1,256,821

)

NET ASSETS

12,277,537

13,118,293

CAPITAL AND RESERVES

Called up share capital

4,911

5,001

Fair value reserve

7,268,716

6,846,525

Retained earnings

5,003,910

6,266,767

SHAREHOLDERS' FUNDS

12,277,537

13,118,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime.

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

A Aggarwal - Director

Called up

Fair

share

Retained

value

Total

capital

earnings

reserve

equity

£

Balance at 1 April 2024

5,001

6,048,101

7,038,353

13,091,455

Changes in equity

Profit for the year

-

1,539,838

-

1,539,838

Total comprehensive income

-

1,539,838

-

1,539,838

Dividends

-

(1,513,000

)

-

(1,513,000

)

Realised gain net of tax

-

184,220

(184,220

)

-

Fair value gain on investment
property

-

3,640

(3,640

)

-

Deferred tax provision

-

3,968

(3,968

)

-

Balance at 31 March 2025

5,001

6,266,767

6,846,525

13,118,293

Changes in equity

Profit for the year

-

1,544,182

-

1,544,182

Other comprehensive income

-

(212,470

)

-

(212,470

)

Total comprehensive income

-

1,331,712

-

1,331,712

Issue of share capital

(90

)

-

(90

)

Dividends

-

(2,626,000

)

-

(2,626,000

)

Fair value gain on investment
property

-

453,622

Deferred tax provision

-

31,431

(31,431

)

-

Balance at 31 March 2026

4,911

5,003,910

7,268,716

12,277,537

1.	STATUTORY INFORMATION

Aggarwal & Co 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 (£).

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.

Income recognition

Turnover represents the income from rents receivable from investment properties.

Tangible fixed assets

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

Land and buildings

-

2% and 4% on cost

Plant and machinery etc

-

25% on cost

Investment property

Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 36 ) .

4.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2026

2025

£

Current tax:

UK corporation tax

195,700

537,436

Deferred tax:

Provision for the year

31,431

3,968

Release of provision

-

(33,116

)

Total deferred tax

31,431

(29,148

)

Tax on profit

227,131

508,288

5.	PROPERTY, PLANT & EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2025

800,900

23,919

824,819

Additions

-

15,200

Reclassification/transfer

(800,900

)

-

(800,900

)

At 31 March 2026

-

39,119

DEPRECIATION

At 1 April 2025

330,273

23,917

354,190

Charge written back

(330,273

)

-

(330,273

)

At 31 March 2026

-

23,917

NET BOOK VALUE

At 31 March 2026

-

15,202

At 31 March 2025

470,627

2

470,629

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 April 2025

and 31 March 2026

2

4

NET BOOK VALUE

At 31 March 2026

2

4

At 31 March 2025

2

4

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

14,410,001

Additions

800,900

Revaluations

453,622

At 31 March 2026

15,664,523

NET BOOK VALUE

At 31 March 2026

15,664,523

At 31 March 2025

14,410,001

The investment property was valued on a fair value basis by the directors at the balance sheet date.

8.

DEBTORS

2026

2025

£

Amounts falling due within one year:

Trade debtors

21,643

-

Amounts owed by group undertakings

191,004

504,418

212,647

504,418

Amounts falling due after more than one year:

Other debtors

1,702,416

2,732,316

Aggregate amounts

1,915,063

3,236,734

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

73,511

256,118

Other creditors

2,124,626

698,749

2,198,137

954,867

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

3,559,061

4,006,984

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

3,559,061

4,006,984

The bank loans are secured by means of fixed and floating charges on the respective property of the company.