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REGISTERED NUMBER: 08592190 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Zrb Property Limited

Zrb Property Limited (Registered number: 08592190)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Zrb Property Limited

Company Information
for the Year Ended 31 July 2023







Directors: Dr B P Choudhary
R Gupta





Secretary:





Registered office: 17 Ty Gwyn Gardens
Penylan
Cardiff
CF23 5BH





Registered number: 08592190 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Zrb Property Limited (Registered number: 08592190)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
Fixed assets
Investment property 4 1,305,000 1,305,000

Current assets
Debtors 5 234 234
Cash at bank 23,384 13,788
23,618 14,022
Creditors
Amounts falling due within one year 6 48,270 46,072
Net current liabilities (24,652 ) (32,050 )
Total assets less current liabilities 1,280,348 1,272,950

Creditors
Amounts falling due after more than one
year

7

(859,360

)

(880,179

)

Provisions for liabilities (30,694 ) (30,694 )
Net assets 390,294 362,077

Capital and reserves
Called up share capital 150 150
Fair value reserve 9 193,924 193,924
Retained earnings 196,220 168,003
Shareholders' funds 390,294 362,077

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Zrb Property Limited (Registered number: 08592190)

Balance Sheet - continued
31 July 2023


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 and authorised for issue on 19 April 2024 and were signed on its behalf by:





Dr B P Choudhary - Director


Zrb Property Limited (Registered number: 08592190)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. Statutory information

Zrb Property 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

3. Employees and directors

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

4. Investment property
Total
£   
Fair value
At 1 August 2022
and 31 July 2023 1,305,000
Net book value
At 31 July 2023 1,305,000
At 31 July 2022 1,305,000

Zrb Property Limited (Registered number: 08592190)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. Investment property - continued

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2016 995,000
Valuation in 2017 310,000
1,305,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.7.23 31.7.22
£    £   
Cost 1,080,381 1,080,381

Investment Property was valued on an open market basis on 30 September 2016 by PLP Chartered Surveyors .

5. Debtors: amounts falling due within one year
31.7.23 31.7.22
£    £   
Other debtors 234 234

6. Creditors: amounts falling due within one year
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 25,800 32,160
Taxation and social security 21,202 12,706
Other creditors 1,268 1,206
48,270 46,072

7. Creditors: amounts falling due after more than one year
31.7.23 31.7.22
£    £   
Bank loans 556,482 577,925
Other creditors 302,878 302,254
859,360 880,179

8. Secured debts

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 582,282 610,085

Zrb Property Limited (Registered number: 08592190)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. Reserves
Fair
value
reserve
£   
At 1 August 2022
and 31 July 2023 193,924

10. Ultimate controlling party

The company is controlled by the directors who along with their wives own all the share capital.