Registration number: 07263489

Komarock Limited

Contents

Company Information	1
Balance Sheet	2
Statement of Changes in Equity	3
Notes to the Unaudited Financial Statements	4 to 8

Komarock Limited

Company Information

Directors

Mr Satishchandra Khimasia Ms Aditi Khimasia

Company secretary

Mrs Rakhsika Khimasia

Registered office

3 Hampstead Heights London England N2 0PX

Accountants

Charter Tax Consulting Limited 8th Floor 1 Southampton Street London WC2R 0LR

Komarock Limited

(Registration number: 07263489)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	25,668	503
Investment property	5	1,272,070	1,272,070
		1,297,738	1,272,573
Current assets
Debtors	6	2,344	-
Cash at bank and in hand		3,017,995	2,980,250
		3,020,339	2,980,250
Creditors: Amounts falling due within one year	7	(4,229,768)	(4,220,210)
Net current liabilities		(1,209,429)	(1,239,960)
Net assets		88,309	32,613
Capital and reserves
Called up share capital	8	15,000	15,000
Share premium reserve		35,000	35,000
Retained earnings		38,309	(17,387)
Shareholders' funds		88,309	32,613

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 October 2026 and signed on its behalf by:
 

Mr Satishchandra Khimasia Director

Komarock Limited

Statement of Changes in Equity for the Year Ended 30 November 2025

	Share capital £	Share premium £	Retained earnings £	Total £
At 1 December 2024	15,000	35,000	(17,387)	32,613
Profit for the year	-	-	55,696	55,696
At 30 November 2025	15,000	35,000	38,309	88,309

	Share capital £	Share premium £	Retained earnings £	Total £
At 1 December 2023	15,000	35,000	(80,725)	(30,725)
Profit for the year	-	-	63,338	63,338
At 30 November 2024	15,000	35,000	(17,387)	32,613

Komarock Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
3 Hampstead Heights
London
N2 0PX
England

These financial statements were authorised for issue by the Board on 24 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared and presented in UK Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis due to the continuing support of its shareholders. Although the loans are repayable on demand, the shareholders have confirmed they will not demand repayment until the company is in a position to do so.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of rental services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Komarock Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	3 Year straight line
Motor vehicles	25% Reducing balance

Investment property

Investment property is carried at fair value derived from the current market prices for comparable real estate. The fair value of the investment property is reviewed annually either by the directors of the company, or by external valuers. Where external valuers are used, the valuation is based on observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for the provision of rental services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Komarock Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	754	-	754
Additions	899	33,090	33,989
At 30 November 2025	1,653	33,090	34,743
Depreciation
At 1 December 2024	251	-	251
Charge for the year	551	8,273	8,824
At 30 November 2025	802	8,273	9,075
Carrying amount
At 30 November 2025	851	24,817	25,668
At 30 November 2024	503	-	503

5	Investment properties

	2025 £
At 1 December	1,272,070
At 30 November	1,272,070

The property has not been valued by an independent valuer at the year end. The directors have reviewed the fair value of the property by observing market prices and have deemed that there is no change to the fair value of the property at the balance sheet date.

Komarock Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6

Debtors

Current	2025 £	2024 £
Prepayments	191	-
Other debtors	2,153	-
	2,344	-

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	19,066	9,568
Accruals and deferred income	2,280	2,220
Other creditors	4,208,422	4,208,422
	4,229,768	4,220,210

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	15,000	15,000	15,000	15,000

Komarock Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

9	Related party transactions

Summary of transactions with other related parties

Loans from related parties

2025	Entities with joint control or significant influence £	Key management £	Total £
At start of period	2,250,000	1,955,012	4,205,012
Advanced	-	161	161
Repaid	-	(161)	(161)
At end of period	2,250,000	1,955,012	4,205,012

2024	Entities with joint control or significant influence £	Key management £	Other related parties £	Total £
At start of period	2,250,000	169,042	1,500,000	3,919,042
Advanced	-	1,786,000	-	1,786,000
Repaid	-	(30)	(1,500,000)	(1,500,030)
At end of period	2,250,000	1,955,012	-	4,205,012

Terms of loans from related parties

The company received a loan from a company under common control. The loan is interest free and repayable on demand. Balance at 30 November 2025: £2,250,000 (2024: £2,250,000)
 
The directors have provided loans to the company. The loans are interest free and repayable on demand. Balance at 30 November 2025: £1,955,012 (2024: £1,955,012)
 
The loan classified as other related parties was a loan payable by the company to a close family member of the directors. The individual was appointed a director of the company in the year and therefore the loan is now classified as a loan provided by key management.