| REGISTERED NUMBER: |
| Z INVESTMENT HOLDINGS LLP |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| REGISTERED NUMBER: |
| Z INVESTMENT HOLDINGS LLP |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| General Information | 1 |
| Report of the Members | 2 |
| Report of the Accountants | 3 |
| Income Statement | 4 |
| Balance Sheet | 5 |
| Reconciliation of Members' Interests | 7 |
| Notes to the Financial Statements | 9 |
| Z INVESTMENT HOLDINGS LLP |
| GENERAL INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Designated members: |
| Registered office: |
| Registered number: |
| Accountants: |
| Dalton House |
| 9 Dalton Square |
| LANCASTER |
| LA1 1WD |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| REPORT OF THE MEMBERS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| The members present their report with the financial statements of the LLP for the year ended 31 March 2025. |
| Principal activity |
| The principal activity of the LLP in the year under review was that of investing in, managing and developing financial and education businesses and providing management and coaching services. |
| Designated members |
| The designated members during the year under review were: |
| Results for the year and allocation to members |
| The profit for the year before members' remuneration and profit shares was £78,257 (2024 - £523,065 profit). |
| Members' interests |
| The members' drawing policy allows each member to draw a proportion of their profit share, subject to the cash requirements of the business. |
| A member's capital requirement is linked to their share of profit and the financing requirements of the limited liability partnership. There is no opportunity for appreciation of capital subscribed. Just as incoming members introduce their capital at "par", so the retiring members are repaid their capital at "par". |
| On behalf of the members: |
| Z INVESTMENT HOLDINGS LLP |
| REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF |
| Z INVESTMENT HOLDINGS LLP |
| In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements and the related notes from the LLP's accounting records and from information and explanations you have given us. |
| This report is made solely to the Members as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Members, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its Members, as a body, for our work or for this report. |
| It is your duty to ensure that the LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the LLP is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the financial statements of the LLP. 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 financial statements. |
| Dalton House |
| 9 Dalton Square |
| LANCASTER |
| LA1 1WD |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2025 | 2024 |
| £ | £ |
| Turnover |
| Administrative expenses |
| Operating profit and |
| Profit for the financial year before members' remuneration and profit shares available for discretionary division among members |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| and |
| Net assets attributable to members | 284,708 | 291,007 |
| Loans and other debts due to members | 8 | 196,451 | 57,942 |
| Members' other interests |
| Capital accounts | 10,000 | 10,000 |
| Other reserves |
| 284,708 | 291,007 |
| Total members' interests |
| Loans and other debts due to members | 8 | 196,451 | 57,942 |
| Members' other interests | 88,257 | 233,065 |
| Amounts due from members | 6 | - | (27,056 | ) |
| 284,708 | 263,951 |
| The members acknowledge their responsibilities for: |
| (a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| RECONCILIATION OF MEMBERS' INTERESTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| EQUITY |
| Members' other interests |
| Members' |
| capital |
| (classified |
| as | Other |
| equity) | reserves | Total |
| £ | £ | £ |
| Balance at 1 April 2024 | 10,000 | 223,065 | 233,065 |
| Profit for the financial year available for discretionary division among members |
- |
78,257 |
78,257 |
| Members' interests after profit for the year | 10,000 | 301,322 | 311,322 |
| Allocated profit in respect of prior years | - | (223,065 | ) | (223,065 | ) |
| Introduced by members | - | - | - |
| Drawings on account and distributions of profit | - | - | - |
| Balance at 31 March 2025 | 10,000 | 78,257 | 88,257 |
| DEBT | TOTAL |
| Loans and other debts due to | MEMBERS' |
| members less any amounts due | INTERESTS |
| from members in debtors |
| Other |
| amounts | Total |
| £ | £ |
| Amount due to members | 57,942 |
| Amount due from members | (27,056 | ) |
| Balance at 1 April 2024 | 30,886 | 263,951 |
| Profit for the financial year available for discretionary division among members |
- |
78,257 |
| Members' interests after profit for the year | 30,886 | 342,208 |
| Allocated profit in respect of prior years | - | (223,065 | ) |
| Introduced by members | 223,065 | 223,065 |
| Drawings on account and distributions of profit | (57,500 | ) | (57,500 | ) |
| Amount due to members | 196,451 |
| Amount due from members | - |
| Balance at 31 March 2025 | 196,451 | 284,708 |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| RECONCILIATION OF MEMBERS' INTERESTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| EQUITY |
| Members' other interests |
| Members' |
| capital |
| (classified |
| as | Other |
| equity) | reserves | Total |
| £ | £ | £ |
| Balance at 1 April 2023 | 10,000 | (139,211 | ) | (129,211 | ) |
| Profit for the financial year available for discretionary division among members |
- |
523,065 |
523,065 |
| Members' interests after profit for the year | 10,000 | 383,854 | 393,854 |
| Allocated loss in respect of prior years | - | 139,211 | 139,211 |
| Interim profit allocation | - | (300,000 | ) | (300,000 | ) |
| Introduced by members | - | - | - |
| Repayments of debt (including members' capital classified as a liability) |
- |
- |
- |
| Drawings on account and distributions of profit | - | - | - |
| Balance at 31 March 2024 | 10,000 | 223,065 | 233,065 |
| DEBT | TOTAL |
| Loans and other debts due to | MEMBERS' |
| members less any amounts due | INTERESTS |
| from members in debtors |
| Other |
| amounts | Total |
| £ | £ |
| Amount due to members | 363,383 |
| Amount due from members | - |
| Balance at 1 April 2023 | 363,383 | 234,172 |
| Profit for the financial year available for discretionary division among members |
- |
523,065 |
| Members' interests after profit for the year | 363,383 | 757,237 |
| Allocated loss in respect of prior years | - | 139,211 |
| Interim profit allocation | - | (300,000 | ) |
| Introduced by members | 168,788 | 168,788 |
| Repayments of debt (including members' capital classified as a liability) |
(363,383 |
) |
(363,383 |
) |
| Drawings on account and distributions of profit | (137,902 | ) | (137,902 | ) |
| Amount due to members | 57,942 |
| Amount due from members | (27,056 | ) |
| Balance at 31 March 2024 | 30,886 | 263,951 |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | Statutory information |
| Z Investment Holdings LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable, for services provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes. |
| Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a service to the customer. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the income statement. The investments are therefore held at cost less any accumulated impairment losses in the balance sheet at each reporting date. |
| 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. |
| 3. | Employee information |
| The average number of employees during the year was NIL (2024 - NIL). |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 4. | Tangible fixed assets |
| Plant and |
| machinery |
| etc |
| £ |
| Cost |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| Depreciation |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | Fixed asset investments |
| Interest |
| in |
| associate | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2024 |
| and 31 March 2025 | 243,182 |
| Net book value |
| At 31 March 2025 | 243,182 |
| At 31 March 2024 | 243,182 |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Included in other debtors for the year ended 31 March 2024 is an amount of £27,056 owed by Novahome Properties Limited, as disclosed on page 8 as amounts due from members. |
| Z INVESTMENT HOLDINGS LLP (REGISTERED NUMBER: OC398771) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | Loans and other debts due to members |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to members in respect of profits | 196,451 | 57,942 |
| Falling due within one year | 196,451 | 57,942 |
| Loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up. |