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Company Registration No. 06607597 (England and Wales)
ZARAHEMLA LIMITED Unaudited accounts for the year ended 30 June 2024
ZARAHEMLA LIMITED Unaudited accounts Contents
Page
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ZARAHEMLA LIMITED Company Information for the year ended 30 June 2024
Directors
Anna Buttimore Roderic Buttimore
Secretary
Roderic Buttimore
Company Number
06607597 (England and Wales)
Registered Office
7 THE FINCHES THUNDERSLEY BENFLEET ESSEX SS7 3LP
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ZARAHEMLA LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
522 
718 
Investment property
224,021 
224,021 
224,543 
224,739 
Current assets
Debtors
379 
496 
Cash at bank and in hand
11,031 
7,623 
11,410 
8,119 
Creditors: amounts falling due within one year
(22,619)
(10,992)
Net current liabilities
(11,209)
(2,873)
Total assets less current liabilities
213,334 
221,866 
Creditors: amounts falling due after more than one year
(7,216)
(8,039)
Net assets
206,118 
213,827 
Capital and reserves
Called up share capital
1,000 
1,000 
Share premium
194,500 
194,500 
Profit and loss account
10,618 
18,327 
Shareholders' funds
206,118 
213,827 
For the year ending 30 June 2024 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 15 March 2025 and were signed on its behalf by
Anna Buttimore Director Company Registration No. 06607597
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ZARAHEMLA LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
ZARAHEMLA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06607597. The registered office is 7 THE FINCHES, THUNDERSLEY, BENFLEET, ESSEX, SS7 3LP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum on cost
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ZARAHEMLA LIMITED Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,368 
At 30 June 2024
1,368 
Depreciation
At 1 July 2023
650 
Charge for the year
196 
At 30 June 2024
846 
Net book value
At 30 June 2024
522 
At 30 June 2023
718 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
224,021 
At 30 June 2024
224,021 
The company's investment properties have been valued by the directors on the basis of market prices for properties sold in the same areas as those held.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
119 
236 
Other debtors
260 
260 
379 
496 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
847 
847 
Trade creditors
752 
- 
Taxes and social security
- 
1,677 
Other creditors
4,249 
970 
Loans from directors
10,689 
7,498 
Accruals
6,082 
- 
22,619 
10,992 
During the year, it became apparent that major repairs were needed at the company's property. The work was undertaken during June and July 2024. The figure shown in accruals above relates entirely to this work.
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ZARAHEMLA LIMITED Notes to the Accounts for the year ended 30 June 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,216 
8,039 
9
Transactions with related parties
As at 30 June 2024, the company owed its directors £10,689 (2023 - £7,498) in respect of a loan. One of the company's properties is rented to a family member. The rent on the property has been frozen at the level paid by the previous tenant.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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