Officers and professional advisers

Directors' report

Income and expenditure account

Balance sheet

Notes to the service charge accounts

Report to the board of directors on the preparation of

the unaudited statutory accounts

Detailed income and expenditure account

Notes to the detailed income and expenditure account

   11

Mr C.G. Lorkin

Mr P.N.S. Stavert

Mr A.J.F. Tremorin

Mr A. Newell

05390661

373-375 Old Commercial Road

Portsmouth

Hampshire

PO1 4QG

TC Group

3 Acorn Business Centre

Northarbour Road

Cosham

Portsmouth

PO6 3TH

The principal activity of the company during the year was that of flat management.

The directors who served the company during the year were as follows:

Mr C.G. Lorkin

Mr P.N.S. Stavert

Mr A.J.F. Tremorin

The liability of each member is limited by guarantee to an amount not exceeding £1.

Registered office:

Signed by order of the directors

373-375 Old Commercial Road

Portsmouth

Hants

PO1 4QG

MR A.J.F. TREMORIN

Director

Approved by the directors on:   21 October 2025

Administrative and operating expenses

Interest receivable

Tax on (deficit)/surplus on ordinary activities

Sinking fund contributions

Debtors

Cash at bank

Sinking fund provision

Income and expenditure account

Directors' responsibilities:

These accounts were approved by the directors and authorised for issue on: 21 October 2025, and are signed on their behalf by:

MR P.N.S. STAVERT

MR A.J.F. TREMORIN

Company Registration Number: 05390661

The service charge accounts have been prepared under the historical cost convention, and in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small  companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

On the 12th September 2025 the owners of the freehold property and the leaseholders of the flats, sold the property to a third party. The expectation of the Directors of ZAK Court Limited, are that the company will cease to manage the flats within the property. Hence at the time of approval of these financial statements the company's directors no longer consider the going concern basis to be appropriate.

These financial statements are therefore not prepared on the going concern basis, as the directors do not assume the company's operations will continue for a period of at least twelve months from the date the financial statements are approved.

Financial statements prepared on a basis other than going concern, present all assets at the lower of their cost or realisable value, and present all liabilities as falling due within one year at the value of the future cash outflows expected.

The turnover shown in the income and expenditure account represents amounts invoiced during the year.

Other debtors – LST Partnership

Other creditors:

Other creditors

Directors current accounts

Accruals and deferred income

The sinking fund has been established to meet the cost of major repairs and scheduled works to the property.

The Liability of each member is limited by guarantee to an amount not exceeding £1.

Total comprehensive income/(expense) for the year ended 31st March 2024

Sinking fund usage in year

Total comprehensive income/(expense) for the year ended 31st March 2025

Sinking fund usage in year