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REGISTERED NUMBER: 09981594 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ZUHAIR MURAD UK LIMITED

| ZUHAIR MURAD UK LIMITED (REGISTERED NUMBER: 09981594) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| ZUHAIR MURAD UK LIMITED |

COMPANY INFORMATION

for the Year Ended 31 December 2024

| DIRECTOR: | Z Murad

| SECRETARY: | Vistra Company Secretaries Ltd

| REGISTERED OFFICE: | Suite 1, 3rd Floor

| St James's Square

| London

| SW1Y 4LB

| REGISTERED NUMBER: | 09981594 (England and Wales)

| ACCOUNTANTS: | Stein Richards

| Chartered Accountants

| 10 London Mews

| Paddington

| LONDON

| W2 1HY

| ZUHAIR MURAD UK LIMITED (REGISTERED NUMBER: 09981594) |

BALANCE SHEET

31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 22,245 |  | 40,731 |  |

Debtors | 4 | 174 |  | 9,582 |  |

Cash at bank | 472,154 |  | 422,421 |  |

494,573 |  | 472,734 |  |

CREDITORS

Amounts falling due within one year | 5 | 2,808,673 |  | 2,889,432 |  |

NET CURRENT LIABILITIES | (2,314,100 | ) | (2,416,698 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (2,314,100 | ) | (2,416,698 | ) |

CAPITAL AND RESERVES

Called up share capital | 6 | 1 |  | 1 |  |

Retained earnings | (2,314,101 | ) | (2,416,699 | ) |

SHAREHOLDERS' FUNDS | (2,314,100 | ) | (2,416,698 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 9 May 2025 and were signed by:

Z Murad - Director

| ZUHAIR MURAD UK LIMITED (REGISTERED NUMBER: 09981594) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Zuhair Murad UK 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.

| Going concern

| At the balance sheet date the company has a deficiency of assets. The accounts have been prepared on a going concern basis, as the directors are satisfied that the company will continue to receive the support of its loan creditors.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover represents net invoiced sales of goods, excluding value added tax.

| Rendering of services

| Sales are recognised once the client has agreed to purchase the clothing and payment is taken.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

| The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

| 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.

| ZUHAIR MURAD UK LIMITED (REGISTERED NUMBER: 09981594) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| 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 1 (2023 - 1 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 174 |  | 9,582 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade creditors | 10,250 |  | 9,677 |  |

| Taxation and social security | 1,124 |  | 6,693 |  |

| Other creditors | 2,797,299 |  | 2,873,062 |  |

2,808,673 |  | 2,889,432 |  |

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |