| SIDHU DAIRY INVESTMENTS LIMITED |
| Registered number: |
02947337 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
900,000 |
|
|
900,000 |
|
| Current assets |
| Debtors |
4 |
|
14,400 |
|
|
240 |
| Cash at bank and in hand |
|
|
8,714 |
|
|
12,426 |
|
|
|
23,114 |
|
|
12,666 |
|
| Creditors: amounts falling due within one year |
5 |
|
(395,783) |
|
|
(411,633) |
|
| Net current liabilities |
|
|
|
(372,669) |
|
|
(398,967) |
|
| Total assets less current liabilities |
|
|
|
527,331 |
|
|
501,033 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(91,102) |
|
|
(101,564) |
|
| Provisions for liabilities |
|
|
|
(55,823) |
|
|
(55,823) |
|
|
| Net assets |
|
|
|
380,406 |
|
|
343,646 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
600 |
|
|
600 |
| Share premium |
|
|
|
109,931 |
|
|
109,931 |
| Revaluation reserve |
7 |
|
|
167,470 |
|
|
167,470 |
| Profit and loss account |
|
|
|
102,405 |
|
|
65,645 |
|
| Shareholders' funds |
|
|
|
380,406 |
|
|
343,646 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Bilhar Singh SIDHU |
| Director |
| Approved by the board on 26 November 2025 |
|
| SIDHU DAIRY INVESTMENTS LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes (if applicable). Turnover represents the value of rent receivable. |
|
|
Investment properties |
|
Investment properties are held to generate rental income and for long-term capital appreciation. These properties are revalued annually, with any resulting revaluation gains or losses recognised in the revaluation reserve. In accordance with the revaluation model, no depreciation is charged on investment properties. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2024 |
900,000 |
|
At 31 March 2025 |
900,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
900,000 |
|
At 31 March 2024 |
900,000 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
676,707 |
|
676,707 |
|
|
|
|
|
|
676,707 |
|
676,707 |
|
Investment properties are measured at fair value, as determined by the directors at the reporting date. The directors have assessed the valuation methodology and market conditions and are of the opinion that the carrying value of the investment properties reflects a fair and reasonable estimate of their fair value. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
14,400 |
|
240 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
10,462 |
|
10,204 |
|
Taxation and social security costs |
12,254 |
|
13,230 |
|
Other loans |
40,000 |
|
40,000 |
|
Directors loan account |
165,982 |
|
165,514 |
|
Other creditors |
167,085 |
|
182,685 |
|
|
|
|
|
|
395,783 |
|
411,633 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
1,769 |
|
12,231 |
|
Shareholders loan |
|
|
|
|
83,000 |
|
83,000 |
|
Other loans |
|
|
|
|
6,333 |
|
6,333 |
|
|
|
|
|
|
91,102 |
|
101,564 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
167,470 |
|
- |
|
Gain on revaluation of land and buildings |
- |
|
223,293 |
|
Deferred taxation arising on the revaluation of land and buildings |
- |
|
(55,823) |
|
|
At 31 March 2025 |
167,470 |
|
167,470 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Related party transactions |
|
|
During the year, total management fee of £1,500 (2024: £Nil) was paid to Jaujar Estate Ltd, a company incorporated in England and Wales and controlled by Mr BS Sidhu and a close member of his family.
Other debtors include interest-free, unsecured loan of £13,500 (2024: £Nil) to Jaujar Investments Limited, and £1,000 (2024: £NIL) to Sidhu & Samra Properties Ltd. Both companies are incorporated in England and Wales, and are controlled by the close family members of the director, Mr Bilhar Singh Sidhu. The loans are repayable on demand.
Other creditors include interest-free, unsecured loan of £71,000 (2024: £71,000) from GK & BS Sidhu Properties Ltd, £79,000 (2024: £79,000) from Jaujar Law Ltd, £Nil (2024: £9,000) from Sidhu & Samra Properties Ltd, and £Nil (2024: £6,600) from Jaujar Investments Ltd. All the companies are incorporated in England and Wales, and are controlled by the close family members of the director, Mr Bilhar Singh Sidhu. The loans are repayable on demand.. |
|
|
| 9 |
Controlling party |
|
|
During the period the company was under the control of its director Mr Bilhar Singh Sidhu and his family. |
|
|
| 10 |
Other information |
|
|
SIDHU DAIRY INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
3 Craneswater Park |
|
Norwood Green |
|
Southall |
|
UB2 5RW |