| Zafraj Investments Ltd |
| Data not obtained from trial balance |
| Enter data in the white spaces Enter numbers as + unless indicated |
Current year |
Comparative |
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| Units (eg £ or £000) |
£ |
include a trailing space |
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| Company registration number |
11711147 |
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Date |
| Approval date of the accounts by the board |
26/09/2025 |
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Date |
| Date of signing on the audit/accountants report |
26/09/2025 |
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| Date of engagement letter (required for |
Date |
| CA and ACCA reports) |
15/02/2019 |
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| Person signing directors' report: |
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Name of director |
J Ogubunka |
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Or, name of secretary |
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| Name of director signing balance sheet |
J Ogubunka |
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| Address of registered office: |
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Address line 1 |
71-75 Shelton Street |
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Address line 2 |
London |
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City or town |
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County or region |
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Postcode |
WC2H 9JQ |
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| Name of senior statutory auditor |
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| Name of auditors/accountants |
Bennic Ltd |
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| Type of firm (eg Chartered Accountants) |
Chartered Certified Accountants |
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| Address of auditors/accountants |
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Address line 1 |
Selby Centre |
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Address line 2 |
Selby Road |
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City or town |
Tottenham |
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County or region |
London |
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Postcode |
N17 8JL |
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| Prior year adjustments (+ for a gain; - for a loss) |
£ |
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Correction of prior year errors |
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Effect of retrospective changes in accounting policies |
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More info on prior year adjustments |
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| Number |
Number |
| Average number of persons employed by the company |
- |
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- |
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| Zafraj Investments Ltd |
| Registered number: |
11711147 |
| Balance Sheet |
| as at 31 December 2024 |
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| Notes |
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2024 |
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2023 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
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1,000,000 |
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1,000,000 |
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1,000,000 |
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1,000,000 |
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| Current assets |
| Cash at bank and in hand |
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758 |
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3,375 |
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758 |
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3,375 |
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| Creditors: amounts falling due within one year |
4 |
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(33,155) |
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(27,461) |
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| Net current liabilities |
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(32,397) |
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(24,086) |
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| Total assets less current liabilities |
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967,603 |
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975,914 |
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| Creditors: amounts falling due after more than one year |
5 |
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(958,648) |
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(943,745) |
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| Net assets |
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8,955 |
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32,169 |
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| Capital and reserves |
| Called up share capital |
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100 |
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100 |
| Revaluation reserve |
6 |
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107,332 |
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107,332 |
| Profit and loss account |
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(98,477) |
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(75,263) |
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| Shareholder's funds |
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8,955 |
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32,169 |
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| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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| J Ogubunka |
| Director |
| Approved by the board on 26 September 2025 |
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| Zafraj Investments Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
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Tangible fixed assets |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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| 2 |
Employees |
2024 |
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2023 |
| Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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| 3 |
Investments |
| Investments in |
| subsidiary |
Other |
| undertakings |
investments |
Total |
| £ |
£ |
£ |
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Cost |
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At 1 January 2024 |
- |
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1,000,000 |
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1,000,000 |
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Additions |
- |
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- |
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- |
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Revaluation |
- |
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- |
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- |
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Disposals |
- |
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- |
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- |
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At 31 December 2024 |
- |
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1,000,000 |
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1,000,000 |
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Historical cost |
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At 1 January 2024 |
- |
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- |
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At 31 December 2024 |
- |
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- |
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| 4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
| £ |
£ |
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Taxation and social security costs |
- |
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535 |
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Other creditors |
33,155 |
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26,926 |
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33,155 |
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27,461 |
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| 5 |
Creditors: amounts falling due after one year |
2024 |
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2023 |
| £ |
£ |
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Bank loans |
624,225 |
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624,225 |
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Other creditors |
334,423 |
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319,520 |
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958,648 |
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943,745 |
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| 6 |
Revaluation reserve |
2024 |
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2023 |
| £ |
£ |
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At 1 January 2024 |
107,332 |
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107,332 |
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At 31 December 2024 |
107,332 |
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107,332 |
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| 7 |
Controlling party |
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The controlling party is J I Ogubunka |
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| 8 |
Other information |
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Zafraj Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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71-75 Shelton Street |
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London |
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WC2H 9JQ |