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REGISTERED NUMBER: 11081904 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 March 2025

for

Dr Faro Zhand Limited

Dr Faro Zhand Limited (Registered number: 11081904)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dr Faro Zhand Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Dr Farokh Zhand





REGISTERED OFFICE: 146a Holland Park Avenue
London
W11 4UE





REGISTERED NUMBER: 11081904 (England and Wales)

Dr Faro Zhand Limited (Registered number: 11081904)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 216,062 239,085
Tangible assets 5 381,469 417,540
597,531 656,625

CURRENT ASSETS
Debtors 6 10,520 31,170
Cash at bank 9,383 42,470
19,903 73,640
CREDITORS
Amounts falling due within one year 7 3,194 5,409
NET CURRENT ASSETS 16,709 68,231
TOTAL ASSETS LESS CURRENT
LIABILITIES

614,240

724,856

CREDITORS
Amounts falling due after more than one year 8 612,506 723,616
NET ASSETS 1,734 1,240

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 734 240
SHAREHOLDERS' FUNDS 1,734 1,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Dr Faro Zhand Limited (Registered number: 11081904)

Balance Sheet - continued
31 March 2025


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 director and authorised for issue on 17 June 2025 and were signed by:





Dr Farokh Zhand - Director


Dr Faro Zhand Limited (Registered number: 11081904)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Dr Faro Zhand Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Dr Faro Zhand Limited (Registered number: 11081904)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 354,200
AMORTISATION
At 1 April 2024 115,115
Charge for year 23,023
At 31 March 2025 138,138
NET BOOK VALUE
At 31 March 2025 216,062
At 31 March 2024 239,085

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 267,024 240,823 507,847
Additions - 2,077 2,077
At 31 March 2025 267,024 242,900 509,924
DEPRECIATION
At 1 April 2024 - 90,307 90,307
Charge for year - 38,148 38,148
At 31 March 2025 - 128,455 128,455
NET BOOK VALUE
At 31 March 2025 267,024 114,445 381,469
At 31 March 2024 267,024 150,516 417,540

Dr Faro Zhand Limited (Registered number: 11081904)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 10,520 31,170

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 1,337 -
Trade creditors - 5,409
Taxation and social security 1,857 -
3,194 5,409

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 520,471 584,364
Hire purchase contracts 92,035 139,252
612,506 723,616

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 92,035 139,252

9. ULTIMATE CONTROLLING PARTY

The controlling party is Dr Farokh Zhand.