Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09603152 Mr Josh Ajit Singh Arora iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09603152 2023-05-31 09603152 2024-05-31 09603152 2023-06-01 2024-05-31 09603152 frs-core:CurrentFinancialInstruments 2024-05-31 09603152 frs-core:Non-currentFinancialInstruments 2024-05-31 09603152 frs-core:ShareCapital 2024-05-31 09603152 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09603152 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09603152 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09603152 frs-bus:SmallEntities 2023-06-01 2024-05-31 09603152 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09603152 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09603152 frs-bus:Director1 2023-06-01 2024-05-31 09603152 frs-countries:EnglandWales 2023-06-01 2024-05-31 09603152 2022-05-31 09603152 2023-05-31 09603152 2022-06-01 2023-05-31 09603152 frs-core:CurrentFinancialInstruments 2023-05-31 09603152 frs-core:Non-currentFinancialInstruments 2023-05-31 09603152 frs-core:ShareCapital 2023-05-31 09603152 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09603152
Zest Realty Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09603152
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 3,355,634 3,355,634
3,355,634 3,355,634
CURRENT ASSETS
Debtors 5 164,776 163,953
Cash at bank and in hand 9,765 4,347
174,541 168,300
Creditors: Amounts Falling Due Within One Year 6 (1,105,488 ) (1,025,176 )
NET CURRENT ASSETS (LIABILITIES) (930,947 ) (856,876 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,424,687 2,498,758
Creditors: Amounts Falling Due After More Than One Year 7 (1,866,115 ) (1,942,981 )
NET ASSETS 558,572 555,777
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 558,472 555,677
SHAREHOLDERS' FUNDS 558,572 555,777
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on Mr Josh Ajit Singh Arora and were signed on its behalf by:
Mr Josh Ajit Singh Arora
Director
25 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Zest Realty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09603152 . The registered office is Ground Floor, 5, Canberra Road, London, England, W13 9BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration for rent receivable, net of discounts.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 June 2023 and 31 May 2024 3,355,634
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 149,798 157,973
Other debtors 14,978 5,980
164,776 163,953
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 29,354 23,836
Corporation tax 50,550 119,991
VAT 8,374 12,832
Other creditors 1,017,210 868,517
1,105,488 1,025,176
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,866,115 1,942,981
Bank loans is secured by first legal charge over investment property held by the company.
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other information
ZEST REALTY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor, 5, Canberra Road, 
London
England
W13 9BF
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