REGISTERED NUMBER: SC243615 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Zone Letting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Tavadia

REGISTERED OFFICE:

30 St Stephen Street

EDINBURGH

EH3 5AL

REGISTERED NUMBER:

SC243615 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17/21 East Mayfield

Edinburgh

Lothian

EH9 1SE

BANKERS:

The Bank of Scotland

600 Gorgie Road

Edinburgh

EH11 3XP

FIXED ASSETS

Tangible assets

4

7,715

9,764

Investments

5

6,000

6,000

13,715

15,764

CURRENT ASSETS

Debtors

6

2,250,296

1,499,828

Cash at bank

743,629

1,039,829

2,993,925

2,539,657

CREDITORS

Amounts falling due within one year

7

352,351

227,837

NET CURRENT ASSETS

2,641,574

2,311,820

TOTAL ASSETS LESS CURRENT LIABILITIES

2,655,289

2,327,584

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,655,189

2,327,484

SHAREHOLDERS' FUNDS

2,655,289

2,327,584

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

B Tavadia - Director

1.	STATUTORY INFORMATION

Zone Letting Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is represented by fees and commissions earned.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

20% on cost

Computer equipment

-

20% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

Equipment

equipment

Totals

£

£

£

£

COST

At 1 March 2024

8,079

4,897

8,666

21,642

Additions

-

-

1,415

1,415

Disposals

-

(4,897

)

-

(4,897

)

At 28 February 2025

8,079

-

10,081

18,160

DEPRECIATION

At 1 March 2024

2,846

4,897

4,135

11,878

Charge for year

1,616

-

1,848

3,464

Eliminated on disposal

-

(4,897

)

-

(4,897

)

At 28 February 2025

4,462

-

5,983

10,445

NET BOOK VALUE

At 28 February 2025

3,617

-

4,098

7,715

At 29 February 2024

5,233

-

4,531

9,764

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

and 28 February 2025

6,000

NET BOOK VALUE

At 28 February 2025

6,000

At 29 February 2024

6,000

6.

DEBTORS

28.2.25

29.2.24

£

£

Amounts falling due within one year:

Other debtors

10,928

10,460

Amounts falling due after more than one year:

Other debtors

2,239,368

1,489,368

Aggregate amounts

2,250,296

1,499,828

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

212,106

78,094

Taxation and social security

135,053

135,995

Other creditors

5,192

13,748

352,351

227,837

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

B Tavadia

Balance outstanding at start of year

5,584

10,906

Amounts advanced

398

-

Amounts repaid

-

(5,322

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,982

5,584

9.	RELATED PARTY DISCLOSURES

At the year end there were outstanding loans to related parties of £2,245,350 (2024 £1,497,952). The loans are unsecured and have no specific terms for repayment.