IRIS Accounts Production v24.3.2.46 12305385 Board of Directors 30.11.23 29.11.24 29.11.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123053852023-11-29123053852024-11-29123053852023-11-302024-11-29123053852022-11-30123053852022-12-012023-11-29123053852023-11-2912305385ns15:EnglandWales2023-11-302024-11-2912305385ns14:PoundSterling2023-11-302024-11-2912305385ns10:Director12023-11-302024-11-2912305385ns10:PrivateLimitedCompanyLtd2023-11-302024-11-2912305385ns10:SmallEntities2023-11-302024-11-2912305385ns10:AuditExempt-NoAccountantsReport2023-11-302024-11-2912305385ns10:SmallCompaniesRegimeForDirectorsReport2023-11-302024-11-2912305385ns10:SmallCompaniesRegimeForAccounts2023-11-302024-11-2912305385ns10:FullAccounts2023-11-302024-11-2912305385ns10:OrdinaryShareClass12023-11-302024-11-2912305385ns10:Director22023-11-302024-11-2912305385ns10:RegisteredOffice2023-11-302024-11-2912305385ns5:CurrentFinancialInstruments2023-11-2912305385ns5:CurrentFinancialInstruments2024-11-2912305385ns5:Non-currentFinancialInstruments2023-11-2912305385ns5:Non-currentFinancialInstruments2024-11-2912305385ns5:ShareCapital2023-11-2912305385ns5:ShareCapital2024-11-2912305385ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-2912305385ns5:FurtherSpecificReserve3ComponentTotalEquity2024-11-2912305385ns5:RetainedEarningsAccumulatedLosses2023-11-2912305385ns5:RetainedEarningsAccumulatedLosses2024-11-2912305385ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-2912305385ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-2912305385ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-11-2912305385ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-11-2912305385ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-11-2912305385ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-2912305385ns5:DeferredTaxation2023-11-2912305385ns5:DeferredTaxation2024-11-2912305385ns10:OrdinaryShareClass12024-11-2912305385ns5:RetainedEarningsAccumulatedLosses2023-11-2912305385ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-2912305385ns5:RetainedEarningsAccumulatedLosses2023-11-302024-11-29
REGISTERED NUMBER: 12305385 (England and Wales)






Unaudited Financial Statements

for the Year Ended 29th November 2024

for

ZAHRAH HOMES NO 2 LTD

ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)






Contents of the Financial Statements
for the Year Ended 29th November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ZAHRAH HOMES NO 2 LTD

Company Information
for the Year Ended 29th November 2024







Directors: S Dad
A Dad





Registered office: 156 West Wycombe Road
High Wycombe
Buckinghamshire
HP12 3AE





Registered number: 12305385 (England and Wales)





Accountants: S G Beale and Co
Chartered Accountants
1 Kille House
Chinnor Road
Thame
Oxfordshire
OX9 3NU

ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)

Balance Sheet
29th November 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
1,650,000 Investment property 4 2,081,874

CURRENT ASSETS
517,205 Debtors 5 539,810
7,516 Cash at bank 2,481
524,721 542,291
CREDITORS
394,822 Amounts falling due within one year 6 470,134
129,899 NET CURRENT ASSETS 72,157

1,779,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,154,031

CREDITORS

(1,151,532

)
Amounts falling due after more than one
year

7

(1,545,238

)

(176,128 ) PROVISIONS FOR LIABILITIES 9 (176,128 )
452,239 NET ASSETS 432,665

CAPITAL AND RESERVES
1 Called up share capital 10 1
528,383 Fair value reserve 11 528,383
(76,145 ) Retained earnings 11 (95,719 )
452,239 SHAREHOLDERS' FUNDS 432,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th November 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.

ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)

Balance Sheet - continued
29th November 2024


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 27th May 2025 and were signed on its behalf by:





A Dad - Director


ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)

Notes to the Financial Statements
for the Year Ended 29th November 2024

1. STATUTORY INFORMATION

Zahrah Homes No 2 LTD 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

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

ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)

Notes to the Financial Statements - continued
for the Year Ended 29th November 2024

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 30th November 2023 1,650,000
Additions 431,874
At 29th November 2024 2,081,874
Net book value
At 29th November 2024 2,081,874
At 29th November 2023 1,650,000

Fair value at 29th November 2024 is represented by:
£   
Valuation in 2024 2,081,874

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 527,425 504,820
Other debtors 12,385 12,385
539,810 517,205

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 6,667 6,667
Amounts owed to group undertakings 454,133 386,149
Other creditors 9,334 2,006
470,134 394,822

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 30,000 36,667
Other creditors 1,515,238 1,114,865
1,545,238 1,151,532

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 1,515,238 1,114,865

Repayable by instalments
Bank loans more 5 yr by instal 3,333 10,000

ZAHRAH HOMES NO 2 LTD (REGISTERED NUMBER: 12305385)

Notes to the Financial Statements - continued
for the Year Ended 29th November 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,667 6,667

Amounts falling due between two and five years:
Bank loans - 2-5 years 26,667 26,667

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Other loans more 5yrs non-inst 1,515,238 1,114,865

Repayable by instalments
Bank loans more 5 yr by instal 3,333 10,000

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Other timing differences 176,128 176,128

Deferred
tax
£   
Balance at 30th November 2023 176,128
Property revaluation reserve
Balance at 29th November 2024 176,128

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

11. RESERVES
Fair
Retained value
Totals earnings reserve
£    £    £   

At 30th November 2023 452,238 (76,145 ) 528,383
Deficit for the year (19,574 ) (19,574 )
At 29th November 2024 432,664 (95,719 ) 528,383