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REGISTERED NUMBER: 13834939 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ZAIN KAY LIMITED

ZAIN KAY LIMITED (REGISTERED NUMBER: 13834939)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ZAIN KAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Dr F B Khan
Mr M C Dowling





REGISTERED OFFICE: 50 Warley Hill
Warley
Brentwood
Essex
CM14 5HA





REGISTERED NUMBER: 13834939 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

ZAIN KAY LIMITED (REGISTERED NUMBER: 13834939)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 175,000 170,057

CURRENT ASSETS
Debtors 5 850 850
Cash at bank 2,789 6,751
3,639 7,601
CREDITORS
Amounts falling due within one year 6 50,711 56,921
NET CURRENT LIABILITIES (47,072 ) (49,320 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,928

120,737

CREDITORS
Amounts falling due after more than one year 7 117,539 117,643
NET ASSETS 10,389 3,094

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 4,943 -
Retained earnings 5,444 3,092
10,389 3,094

ZAIN KAY LIMITED (REGISTERED NUMBER: 13834939)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 and authorised for issue on 19 November 2024 and were signed on its behalf by:





Mr M C Dowling - Director


ZAIN KAY LIMITED (REGISTERED NUMBER: 13834939)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Zain Kay 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.

Turnover
Turnover represents Rental Income

Investment property
Investment property are 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 170,057
Revaluations 4,943
At 31 March 2024 175,000
NET BOOK VALUE
At 31 March 2024 175,000
At 31 March 2023 170,057

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 4,943
Cost 170,057
175,000

Investment Property was valued on an open market basis on 31 March 2024 by the Director .

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other debtors 850 850

ZAIN KAY LIMITED (REGISTERED NUMBER: 13834939)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank Loan 3,876 3,876
Taxation and social security 552 728
Other creditors 46,283 52,317
50,711 56,921

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 117,539 117,643

8. RESERVES
Revaluation
reserve
£   
Revaluation 4,943

At 31 March 2024 4,943