Company Registration No. 10659305 (England and Wales)
Z&R PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
Z&R PROPERTIES LIMITED
Unaudited accounts
Contents
Z&R PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Directors
Deven Patel
Bhartiben Patel
Company Number
10659305 (England and Wales)
Registered Office
8 MARK STREET
CARDIFF
CF11 6LL
WALES
Accountants
Lucia Thomas
337
New road
Porthcawl
Bridgend
CF36 5PH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Z&R PROPERTIES LIMITED
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Z&R PROPERTIES LIMITED for the year ended
31 March 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Z&R PROPERTIES LIMITED, as a body, in accordance with the terms of our engagement letter dated 23 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of Z&R PROPERTIES LIMITED and state those matters that we have agreed to state to the Board of Directors of Z&R PROPERTIES LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Z&R PROPERTIES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Z&R PROPERTIES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Z&R PROPERTIES LIMITED. You consider that Z&R PROPERTIES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Z&R PROPERTIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Lucia Thomas
Chartered Certified Accountants
337
New road
Porthcawl
Bridgend
CF36 5PH
28 May 2025
Z&R PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
4,896,348
4,428,692
Cash at bank and in hand
7,303
4,282
Creditors: amounts falling due within one year
(2,168,843)
(1,832,675)
Net current liabilities
(2,161,540)
(1,827,603)
Total assets less current liabilities
2,734,808
2,601,089
Creditors: amounts falling due after more than one year
(2,142,262)
(2,029,010)
Net assets
592,546
572,079
Called up share capital
500,100
500,100
Profit and loss account
92,446
71,979
Shareholders' funds
592,546
572,079
For the year ending 31 March 2025 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 28 May 2025 and were signed on its behalf by
Deven Patel
Director
Company Registration No. 10659305
Z&R PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Z&R PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10659305. The registered office is 8 MARK STREET, CARDIFF, CF11 6LL, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Land and Buildings relates to Property purchased plus renovation costs. There will be no depreciation provided
4
Tangible fixed assets
Land & buildings
At 31 March 2025
4,896,348
At 31 March 2025
4,896,348
At 31 March 2024
4,428,692
Amounts falling due within one year
Accrued income and prepayments
-
790
Z&R PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
143,863
96,514
Taxes and social security
5,036
2,160
Loans from directors
2,019,616
1,733,351
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
2,142,262
2,029,010
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).