Zahedi Health Co Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10434102

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		228,632		238,081

			228,632		238,081
CURRENT ASSETS
Stocks	6	5,807		4,900
Debtors	7	23,830		34,128
Cash at bank and in hand		881		13,475

		30,518		52,503
Creditors: Amounts Falling Due Within One Year	8	(228,445 )		(270,984 )

NET CURRENT ASSETS (LIABILITIES)			(197,927 )		(218,481 )

TOTAL ASSETS LESS CURRENT LIABILITIES			30,705		19,600

Creditors: Amounts Falling Due After More Than One Year	9		(164,328 )		(174,660 )

NET LIABILITIES			(133,623 )		(155,060 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(133,723 )		(155,160 )

SHAREHOLDERS' FUNDS			(133,623)		(155,060)

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Zahedi Health Co Ltd

Balance Sheet (continued)

As At 31 October 2024

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Payam Tamaskani Zahedi

Director

31/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Zahedi Health Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10434102 . The registered office is Flat 6 , Darwin Court, Gloucester Avenue, London, NW1 7BG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	25 years
Plant & Machinery	25% RBM
Fixtures & Fittings	25% RBM

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was :

	2024	2023
Office and administration	27	42

	27	42

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Zahedi Health Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

4. Intangible Assets

	Other
	£
Cost
As at 1 November 2023	45,000

As at 31 October 2024	45,000

Amortisation
As at 1 November 2023	45,000

As at 31 October 2024	45,000

Net Book Value
As at 31 October 2024	-

As at 1 November 2023	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 November 2023	253,748	24,226	50,986	328,960
Additions	-	9,397	-	9,397

As at 31 October 2024	253,748	33,623	50,986	338,357

Depreciation
As at 1 November 2023	41,053	15,263	34,563	90,879
Provided during the period	10,150	4,590	4,106	18,846

As at 31 October 2024	51,203	19,853	38,669	109,725

Net Book Value
As at 31 October 2024	202,545	13,770	12,317	228,632

As at 1 November 2023	212,695	8,963	16,423	238,081

6. Stocks

	2024	2023
	£	£
Finished goods	5,807	4,900

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	12,894	17,278
Prepayments and accrued income	10,936	13,932
Other debtors - Card Control Account	-	2,918

	23,830	34,128

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Zahedi Health Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	50,039	68,457
Bank loans and overdrafts	18,842	8,311
Other taxes and social security	11,325	7,538
VAT	37,830	44,733
Bounce back loan	10,332	10,077
Pension Contribution	524	225
Directors' loan accounts	99,553	131,643

	228,445	270,984

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	7,033	17,365
Other creditors - Tasty Universe Ltd	157,295	157,295

	164,328	174,660

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

11. Going Concern

The accounts have been prepared on a going concern basis which assumes the continued support of the company’s creditors. Should this support be withdrawn and not replaced by alternative finance, the company would be unable to continue trading. Adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

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