2022-12-01 2023-11-30 07835431 Zash Properties Limited false 07835431 2022-12-01 2023-11-30 07835431 uk-bus:Director1 2022-12-01 2023-11-30 07835431 uk-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07835431 uk-bus:SmallEntities 2022-12-01 2023-11-30 07835431 uk-bus:FullAccounts 2022-12-01 2023-11-30 07835431 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07835431 2022-12-01 07835431 2023-11-30 07835431 2022-11-30 xbrli:pure iso4217:GBP 07835431 2021-12-01 2022-11-30
Company Registration Number : 07835431 (England and Wales)
07835431
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-11-30
false
Zash Properties Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-12-01
Zash Properties Limited
Unaudited filleted financial statements
For the year ended 30 November 2023
Zash Properties Limited
Contents
For the year ended 30 November 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Zash Properties Limited
Company Information
For the year ended 30 November 2023

Company registration number 07835431 (England and Wales)
Directors Hanifa Hanid
Zain Ibn Arif Hanid
Aadam Hanid
Registered office address 261 Southcroft Road
Streatham
London
SW16 6QT
Accountant DNS Accountants Ltd
Chartered Management Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Zash Properties Limited
Statement of Financial Position
For the year ended 30 November 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 973 1,605
Investment Property 880,000 650,000
5 880,973 651,605
Current assets
Cash and cash equivalents 10,017 10,885
10,017 10,885
Current liabilities
Creditors: Amounts falling due within one year (605,833) (601,896)
(605,833) (601,896)
Net current (liabilities)/assets (595,816) (591,011)
Total assets less current liabilities 285,157 60,593
Non-current liabilities
Provision for liabilities (57,347) (13,647)
Net assets/(liabilities) 227,810 46,946
Capital and reserves
Called up share capital 3 3
Retained earnings 227,807 46,943
Shareholders' funds 227,810 46,946
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 August 2024
.............................
Hanifa Hanid (Director)
Company registration number: 07835431
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-11-30 30 November 2023
2023 2022
£ £
Fixed Assets 880,973 651,605
Current Assets 10,017 10,885
Creditors: amounts falling due within one year (605,833) (601,896)
Net current assets (liabilities) (595,816) (591,011)
Total assets less current liabilities 285,157 60,593
Provisions for liabilities (57,347) (13,647)
Net Assets (liabilities) 227,810 46,946
Capital and Reserves 227,810 46,946
For the year ending 30/11/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 30-11-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 28 August 2024 2024-08-28 and signed on behalf of the board,
.............................
Hanifa Hanid
Director
Company registration number: 07835431
Zash Properties Limited
Notes to the Financial Statements
For the year ended 30 November 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 261 Southcroft Road, Streatham, London, SW16 6QT.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% reducing balance
Equipment33% straight line
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised 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 liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Investment Properties
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2022 : 0).

(5) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 December 20228,080650,000658,080
Revaluation-230,000230,000
As at 30 November 20238,080880,000888,080
Depreciation/Amortisation
As at 01 December 20226,475-6,475
For the year632-632
As at 30 November 20237,107-7,107
Net book value
As at 30 November 2023973880,000880,973
As at 30 November 20221,605650,000651,605

(6) Investment properties revaluation
These financial statements for the year ended 30 November 2023 are the financial statements of the company prepared in accordance with FRS 102 1a "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at a fair value under FRS 102 1a and there are fair value gains of £230,000 during the year, we have charged a deferred tax of £43,700 upon it.