1 February 2024 false No description of principal activity Taxfiler 2024.6 NI675893business:PrivateLimitedCompanyLtd2024-02-012025-03-31 NI6758932024-01-31 NI6758932024-02-012025-03-31 NI675893business:AuditExemptWithAccountantsReport2024-02-012025-03-31 NI675893business:FilletedAccounts2024-02-012025-03-31 NI6758932025-03-31 NI675893business:Director12024-02-012025-03-31 NI675893business:CompanySecretary12024-02-012025-03-31 NI675893business:RegisteredOffice2024-02-012025-03-31 NI6758932024-01-31 NI675893core:WithinOneYear2025-03-31 NI675893core:WithinOneYear2024-01-31 NI675893core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 NI675893core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 NI675893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 NI675893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 NI675893core:PreviouslyStatedAmount2025-03-31 NI675893core:PreviouslyStatedAmount2024-01-31 NI675893business:SmallEntities2024-02-012025-03-31 NI675893countries:NorthernIreland2024-02-012025-03-31 NI675893core:LandBuildings2024-01-31 NI675893core:LandBuildings2025-03-31 NI6758932023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI675893 (Northern Ireland)
Zachary Property Limited Unaudited accounts for the period from 1 February 2024 to 31 March 2025
Zachary Property Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Zachary Property Limited Company Information for the period from 1 February 2024 to 31 March 2025
Director
Colin William Johnston
Secretary
Colin William Johnston
Company Number
NI675893 (Northern Ireland)
Registered Office
7 GANIAMORE AVENUE PORTRUSH BT56 8EZ NORTHERN IRELAND
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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Zachary Property Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
630,000 
630,000 
Current assets
Cash at bank and in hand
2,091 
20,479 
Creditors: amounts falling due within one year
5
(654,658)
(675,263)
Net current liabilities
(652,567)
(654,784)
Net liabilities
(22,567)
(24,784)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(22,569)
(24,786)
Shareholders' funds
(22,567)
(24,784)
For the period ending 31 March 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2025 and were signed on its behalf by
Colin William Johnston Director Company Registration No. NI675893
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Zachary Property Limited Notes to the Accounts for the period from 1 February 2024 to 31 March 2025
1
Statutory information
Zachary Property Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI675893. The registered office is 7 GANIAMORE AVENUE, PORTRUSH, BT56 8EZ, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the period from 1 February 2024 to 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2024
630,000 
At 31 March 2025
630,000 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
630,000 
At 31 January 2024
630,000 
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Zachary Property Limited Notes to the Accounts for the period from 1 February 2024 to 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
301,045 
311,466 
Loans from directors
352,413 
362,597 
Accruals
1,200 
1,200 
654,658 
675,263 
6
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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