Zalmij Limited

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

Registered number: 13938590

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		198,400		198,400
Investments	5		1		1

			198,401		198,401
CURRENT ASSETS
Debtors	6	740,830		-
Cash at bank and in hand		8		362

		740,838		362
Creditors: Amounts Falling Due Within One Year	7	(242,538 )		(53,346 )

NET CURRENT ASSETS (LIABILITIES)			498,300		(52,984 )

TOTAL ASSETS LESS CURRENT LIABILITIES			696,701		145,417

Creditors: Amounts Falling Due After More Than One Year	8		(605,038 )		(150,037 )

NET ASSETS/(LIABILITIES)			91,663		(4,620 )

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			91,662		(4,621 )

SHAREHOLDERS' FUNDS			91,663		(4,620)

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Zalmij Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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 Menachem Mitz

Director

27/11/2025

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

1. General Information

Zalmij Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13938590 . The registered office is Second Floor, Sutherland House, 70-78 West Hendon Broadway, London, NW9 7BT.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director and shareholders.

2.2. Turnover

Turnover represents property sales and net invoiced rents and commission receivable, including value-added tax.

2.3. Investment Properties

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties areinitially measured at cost, including transaction costs. Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in theperiod in which they arise.

2.4. Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.5. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2.6. Short term debtors and creditors

Short-term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

2.7. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Zalmij Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 March 2024	198,400
Additions	566,345
Disposals	(566,345 )

As at 28 February 2025	198,400

Investment property was valued on an open market basis on 28 February 2025 by the director.

5. Investments

	Subsidiaries
	£
Cost
As at 1 March 2024	1

As at 28 February 2025	1

Provision
As at 1 March 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	1

As at 1 March 2024	1

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	740,830	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	-	1
Other creditors	242,538	53,345

	242,538	53,346

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

	2025	2024
	£	£
Bank loans	605,038	150,037

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Zalmij Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

9. Secured Creditors

The following secured debts included within creditors are secured on the company's and subsidiary's investment properties.

	2025		2024
	£		£
Bank loans and overdrafts	605,038		150,037

10. Related Party Transactions

Included in other creditors are amounts totalling £47,080 owed to companies with a common director.

At the balance sheet date, the company owed £195,458 (2024: £53,345) to the director.

The company has taken advantage of the exemption in paragraph 33.1A of FRS 102 not to disclose transactions or balances with wholly-owned subsidiaries, in accordance with the disclosure exemptions permitted.

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