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REGISTERED NUMBER: 13349026 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

ZOL DEVELOPMENTS LIMITED

ZOL DEVELOPMENTS LIMITED (Registered number: 13349026)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Balance Sheet 1


ZOL DEVELOPMENTS LIMITED (Registered number: 13349026)

Balance Sheet
30 April 2023

30.4.23 30.4.22
£    £    £    £   
FIXED ASSETS 2,890,180 2,890,180

CURRENT ASSETS 13,616 12,663

CREDITORS
Amounts falling due within one year (1,053,610 ) (1,065,015 )
NET CURRENT LIABILITIES (1,039,994 ) (1,052,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,850,186

1,837,828

CREDITORS
Amounts falling due after more than
one year

1,888,550

1,888,550
NET LIABILITIES (38,364 ) (50,722 )

CAPITAL AND RESERVES (38,364 ) (50,722 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

ZOL DEVELOPMENTS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13349026

Registered office: 5 Turnberry Lane
Collingtree Park
Northampton
NN4 0PA

ZOL DEVELOPMENTS LIMITED (Registered number: 13349026)

Balance Sheet - continued
30 April 2023

NOTES TO THE FINANCIAL STATEMENTS

2. GOING CONCERN

The financial statements have been prepared on a going concern basis, notwithstanding the fact that there is a net current deficit of £1,039,994 on the balance sheet. The Directors, having made appropriate enquiries, are satisfied that the company will receive continued support from the company's ultimate shareholders and the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements.The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern.

SECURED DEBTS
Paragon Bank Plc have a charge by way of a negative pledge on the property situated at Apt 273, Carrara Tower, I Bollinder Place, London, EC1V 2AG

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company owed £1,013,787 (2022: £1,063,787) to one of its director.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

ZOL DEVELOPMENTS LIMITED (Registered number: 13349026)

Balance Sheet - continued
30 April 2023


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 27 March 2024 and were signed on its behalf by:





Mrs S Patel-Champion - Director