REGISTERED NUMBER: 08210163

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ZENO COURT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J Mansour

REGISTERED OFFICE:

Mayfield House

177 Shaftesbury Avenue

London

WC2H 8JR

REGISTERED NUMBER:

08210163

ACCOUNTANTS:

David Simon Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Investment property

4

3,045,000

3,450,000

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

1,088

1,702

Cash at bank and in hand

678

1,060

3,766

4,762

CREDITORS

Amounts falling due within one year

6

406,991

417,672

NET CURRENT LIABILITIES

(403,225

)

(412,910

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,641,775

3,037,090

CREDITORS

Amounts falling due after more than one year

7

(2,098,393

)

(2,425,455

)

PROVISIONS FOR LIABILITIES

(155,431

)

(155,431

)

NET ASSETS

387,951

456,204

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

466,291

466,291

Retained earnings

(78,341

)

(10,088

)

SHAREHOLDERS' FUNDS

387,951

456,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 December 2025 and were signed by:

Mr J Mansour - Director

1.	STATUTORY INFORMATION

Zeno Court Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

3,450,000

Disposals

(405,000

)

At 31 December 2024

3,045,000

NET BOOK VALUE

At 31 December 2024

3,045,000

At 31 December 2023

3,450,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

3,045,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

1,088

1,702

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

11,486

11,351

Trade creditors

848

30

Amounts owed to group undertakings

376,544

382,411

Other creditors

18,113

23,880

406,991

417,672

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,098,393

2,425,455

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,042,727

2,357,727

Repayable by instalments

Bank loans more 5 yr by instal

8,305

20,941

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

2,109,879

2,436,806

The loans are secured by way of a charge over the assets of the company and contains a

covenant of equal coverage.

9.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

466,291

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	CONTROLLING PARTY

At 31 December 2024, the company's controlling party was Mayfield Property Group Limited. These accounts present information about the company as an individual and not about the group.