Company No: 09501298 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	F. M. Hill
	T. R. Leigh
	J. Lloyd

Registered office	2nd Floor 168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

Company number

09501298 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Zorba Holdings Limited for the financial year ended 31 December 2024 which comprise the Balance Sheet and the related notes 1 to 10 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Zorba Holdings Limited 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 loss of Zorba Holdings Limited. You consider that Zorba Holdings Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Zorba Holdings Limited. 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.

This report is made solely to the Board of Directors of Zorba Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Zorba Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Zorba Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zorba Holdings Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

2nd Floor
168 Shoreditch High Street
London
E1 6RA

29 September 2025

	Note	2024		2023
		£		£
Fixed assets
Investments	3	4,000		306,000
		4,000		306,000
Current assets
Debtors	4	441,556		219,709
Cash at bank and in hand	5	0		27
		441,556		219,736
Creditors: amounts falling due within one year	6	( 132,490)		( 212,503)
Net current assets		309,066		7,233
Total assets less current liabilities		313,066		313,233
Net assets		313,066		313,233
Capital and reserves
Called-up share capital	7	302,000		302,000
Profit and loss account	9	11,066		11,233
Total shareholder's funds		313,066		313,233

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Zorba Holdings Limited (registered number: 09501298) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

F. M. Hill Director

T. R. Leigh Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Zorba Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor 168 Shoreditch High Street, London, E1 6RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 January 2024	306,000
At 31 December 2024	306,000
Provisions for impairment
At 01 January 2024	0
Impairment	302,000
At 31 December 2024	302,000
Carrying value at 31 December 2024	4,000
Carrying value at 31 December 2023	306,000

4. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	441,556		219,709

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	0		27

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to Group undertakings	26,964		108,717
Accruals	5,526		3,786
Other creditors	100,000		100,000
	132,490		212,503

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
2,000 Ordinary shares of £ 1.00 each	2,000		2,000
300,000 12.00% Preference redeemable shares of £ 1.00 each	300,000		300,000
	302,000		302,000

The 12% redeemable preference shares are redeemable at the company's option whenever the company so wishes.

8. Related party transactions

At 31 December 2024, £26,964 (2023: £28,164) was owed to Care Focus Ltd a subsidiary of Zorba Holdings Limited.

At 31 December 2024, £370,909 (2023: £219,709) was owed by Zorba Estates Limited and £70,647 (2023: £80,553 owed to) was owed by Zorba Properties Limited, both are subsidiaries of Zorba Holdings Limited.

During the year Jean Lloyd a director of the company, loaned the company £Nil (2023: £100,000). As at the 31 December 2024 £100,000 (2023: £100,000) was owed by the company.

9. Reserves

Profit and loss account

This reserve comprises all current and prior period retained profits and losses after deducting and distributions.

10. Ultimate controlling party

The company is controlled by the directors.