Asra Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10806540 (England and Wales)

ASRA HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2018 TO 30 APRIL 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R S Vora

Mrs N Vora

REGISTERED OFFICE:

2nd Floor, One Hobbs House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

10806540 (England and Wales)

ACCOUNTANTS:

Albury Associates Limited

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Investments

3

100

100

CURRENT ASSETS

Cash in hand

10,000

10,000

NET CURRENT ASSETS

10,000

10,000

TOTAL ASSETS LESS CURRENT LIABILITIES

10,100

10,100

CAPITAL AND RESERVES

Called up share capital

4

10,000

10,000

Other reserves

5

100

100

SHAREHOLDERS' FUNDS

10,100

10,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2019 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 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 on 30 January 2020 and were signed on its behalf by:

R S Vora - Director

1.	STATUTORY INFORMATION

Asra Holdings 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Asra Holdings Limited as an individual company and do not

contain consolidated financial information as the parent of a group. The company is exempt under Section

399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 July 2018

and 30 April 2019

100

NET BOOK VALUE

At 30 April 2019

100

At 30 June 2018

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

RVNV Properties Limited

Registered office: England & Wales

Nature of business: investment in properties.

%

Class of shares:

holding

Ordinary

100.00

30/4/19

30/4/18

£

£

Aggregate capital and reserves

1,675,923

1,675,896

Profit/(loss) for the year

27

(25,427

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

10,000

Ordinary

£1

10,000

10,000

5.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 July 2018

-

100

100

Profit for the period

-

-

At 30 April 2019

-

100

100

6.	RELATED PARTY DISCLOSURES

During the period, Asra Holdings Limited acquired the entire share capital of Revital Limited, a trading company

that had a wholly owned dormant subsidiary, RVNV Properties Limited (formerly Revital Properties Limited).

A group reorganisation led to RVNV Properties Limited acquiring the freehold properties and other unlisted

investments from Revital Limited. By way of a group de-merger, Revital Limited left the group to become a

wholly owned subsidiary of Revital Holdings Limited.

The directors have a beneficial interest in all the entities stated above.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr R S Vora and Mrs N R Vora.