8 September 2023 false No description of principal activity Taxfiler 2024.6 15125626business:PrivateLimitedCompanyLtd2023-09-082024-09-30 151256262023-09-07 151256262023-09-082024-09-30 15125626business:AuditExempt-NoAccountantsReport2023-09-082024-09-30 15125626business:FilletedAccounts2023-09-082024-09-30 151256262024-09-30 15125626business:Director12023-09-082024-09-30 15125626core:WithinOneYear2024-09-30 15125626core:AfterOneYear2024-09-30 15125626core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 15125626core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 15125626core:PreviouslyStatedAmount2024-09-30 15125626business:SmallEntities2023-09-082024-09-30 15125626countries:EnglandWales2023-09-082024-09-30 15125626core:LandBuildings2023-09-082024-09-30 15125626core:PlantMachinery2023-09-082024-09-30 15125626core:FurnitureFittings2023-09-082024-09-30 15125626core:LandBuildings2023-09-07 15125626core:LandBuildings2024-09-30 15125626core:AfterOneYear2023-09-082024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 15125626 (England and Wales)
Zalana Investment Holdings (UK) Limited Unaudited accounts for the period from 8 September 2023 to 30 September 2024
Zalana Investment Holdings (UK) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Zalana Investment Holdings (UK) Limited Company Information for the period from 8 September 2023 to 30 September 2024
Director
Mr Ahmed Shaazim Khamissa
Company Number
15125626 (England and Wales)
Accountants
Tiffany Purves from About Finance Limited 9 Danesfield Ripley Surrey GU23 6LS
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Zalana Investment Holdings (UK) Limited Statement of financial position as at 30 September 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
3,915,553 
Current assets
Debtors
5
100 
Cash at bank and in hand
239,841 
239,941 
Creditors: amounts falling due within one year
6
(151,816)
Net current assets
88,125 
Total assets less current liabilities
4,003,678 
Creditors: amounts falling due after more than one year
7
(3,966,756)
Net assets
36,922 
Capital and reserves
Called up share capital
100 
Profit and loss account
36,822 
Shareholders' funds
36,922 
For the period ending 30 September 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 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 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 and authorised for issue on 31 March 2025 and were signed on its behalf by
Mr Ahmed Shaazim Khamissa Director Company Registration No. 15125626
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Zalana Investment Holdings (UK) Limited Notes to the Accounts for the period from 8 September 2023 to 30 September 2024
1
Statutory information
Zalana Investment Holdings (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 15125626.
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 been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rental income.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land & buildings
Nil depreciation
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be. transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased Assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
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Zalana Investment Holdings (UK) Limited Notes to the Accounts for the period from 8 September 2023 to 30 September 2024
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Other information
ZALANA INVESTMENT HOLDINGS (UK) LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 85 Great Portland Street First Floor London England W1W 7LT
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 8 September 2023
- 
Additions
3,915,553 
At 30 September 2024
3,915,553 
Depreciation
At 30 September 2024
- 
Net book value
At 30 September 2024
3,915,553 
The freehold land and buildings were purchased in October 2023 for a cost price of £3.8m plus capitalised legal and stamp duty costs. The cost is not being depreciated
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
100 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
24,316 
Accruals
2,500 
Deferred income
125,000 
151,816 
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Zalana Investment Holdings (UK) Limited Notes to the Accounts for the period from 8 September 2023 to 30 September 2024
7
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
3,966,756 
The loan from the shareholder is unsecured and bears interest at the rate of the 12-month Reformed Sterling Overnight Index Average (SONIA) plus 2.5% per annum, calculated on a monthly based. The loan is for a period of 10 years from 10 October 2023 with no fixed repayment schedule.
8
Controlling party
The company is owned 100% by Zalana Investments Holdings Limited registered in the British Virgin Islands.
9
Average number of employees
During the period the average number of employees was 0.
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