REGISTERED NUMBER: 11537252 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Zelination Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L V De Silva

Dr W Pun

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GD

REGISTERED NUMBER:

11537252 (England and Wales)

ACCOUNTANTS:

Clamp Boxall Ltd

88 Boundary Road

Hove

East Sussex

BN3 7GA

FIXED ASSETS

Tangible assets

4

913

1,290

Investments

5

3,337

50

Investment property

6

376,300

350,000

380,550

351,340

CURRENT ASSETS

Prepayments and accrued income

-

901

Cash at bank

64,313

3,227

64,313

4,128

CREDITORS

Amounts falling due within one year

7

193,343

131,273

NET CURRENT LIABILITIES

(129,030

)

(127,145

)

TOTAL ASSETS LESS CURRENT LIABILITIES

251,520

224,195

CREDITORS

Amounts falling due after more than one year

8

(264,260

)

(263,988

)

ACCRUALS AND DEFERRED INCOME

(2,610

)

(3,860

)

NET LIABILITIES

(15,350

)

(43,653

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

6,048

-

Retained earnings

(21,498

)

(43,753

)

(15,350

)

(43,653

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 5 September 2025 and were signed on its behalf by:

L V De Silva - Director

1.	STATUTORY INFORMATION

Zelination 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.

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

-

Straight line over 5 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and other investments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

1,887

DEPRECIATION

At 1 February 2024

597

Charge for year

377

At 31 January 2025

974

NET BOOK VALUE

At 31 January 2025

913

At 31 January 2024

1,290

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2024

50

Additions

3,287

At 31 January 2025

3,337

NET BOOK VALUE

At 31 January 2025

3,337

At 31 January 2024

50

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

350,000

Revaluations

26,300

At 31 January 2025

376,300

NET BOOK VALUE

At 31 January 2025

376,300

At 31 January 2024

350,000

Investment property is shown at fair value as measured by the directors.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

-

673

Other creditors

193,343

130,600

193,343

131,273

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

264,260

263,988

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

264,260

263,988

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank loans

264,260

263,988

10.

RESERVES

Fair

value

reserve

£

Fair value reserve

6,048

At 31 January 2025

6,048