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Registration number: 9143362

Zenko Rental Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Zenko Rental Properties Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Zenko Rental Properties Limited

Company Information

Directors | Mr Tobias Duczenko Mrs Hannah Rose Duczenko

Registered office | Ground Floor Graphical House 2 Wharf Street Leeds LS2 7EQ

Accountants | Fullertons Limited Chartered Certified AccountantsManchester House 50a Oxford Road Guiseley Leeds LS20 8AB

Zenko Rental Properties Limited

(Registration number: 9143362)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 328,722 | 328,722
Current assets |  |  |
Debtors | 5 | 317 | 318
Cash at bank and in hand |  | 31,711 | 23,799
|  | 32,028 | 24,117
Creditors: Amounts falling due within one year | 6 | (34,955) | (78,348)
Net current liabilities |  | (2,927) | (54,231)
Total assets less current liabilities |  | 325,795 | 274,491
Creditors: Amounts falling due after more than one year | 6 | (290,545) | (247,345)
Net assets |  | 35,250 | 27,146
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Retained earnings |  | 35,248 | 27,144
Shareholders' funds |  | 35,250 | 27,146

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 September 2025 and signed on its behalf by:

......................................... Mr Tobias Duczenko Director

Zenko Rental Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ground Floor
Graphical House
2 Wharf Street
Leeds
LS2 7EQ

These financial statements were authorised for issue by the Board on 24 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises rents receivable in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at it's fair value as at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Zenko Rental Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investment properties

| 2025 £
At 1 April | 328,722
At 31 March | 328,722

There has been no valuation of investment property by an independent valuer.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 2 | 2
Prepayments | 315 | 316
| 317 | 318

Zenko Rental Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 1,903 | 2,138
Accruals and deferred income | 828 | 786
Other creditors | 32,224 | 75,424
| 34,955 | 78,348

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 290,545 | 247,345

Creditors include bank loans and overdrafts which are secured of £180,945 (2024 - £180,945).

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

Zenko Rental Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 180,945 | 180,945
Other borrowings | 109,600 | 66,400
| 290,545 | 247,345

9 | Related party transactions

Transactions with directors

2025 | At 1 April 2024 £ | Advances to director £ | At 31 March 2025 £
Mr Tobias Duczenko
Directors loan account | 70,424 | (43,200) | 27,224

2024 | At 1 April 2023 £ | At 31 March 2024 £
Mr Tobias Duczenko
Directors loan account | 70,424 | 70,424

Summary of transactions with entities with joint control or significant interest

Loans from related parties

2025 | Entities with joint control or significant influence £ | Total £
At start of period | 66,400 | 66,400
Advanced | 43,200 | 43,200
At end of period | 109,600 | 109,600

Zenko Rental Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2024 | Entities with joint control or significant influence £ | Total £
At start of period | 66,400 | 66,400
At end of period | 66,400 | 66,400

Terms of loans from related parties

Loans are interest free with no fixed date for repayment