REGISTERED NUMBER: 02006123 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ZINA CHEMIST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V Ghedia

SECRETARY:

Mrs K Ghedia

REGISTERED OFFICE:

4 Gledhow Wood

Kingswood

Surrey

KT20 6JQ

REGISTERED NUMBER:

02006123 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

147

450

Investments

5

4,551

4,566

Investment property

6

1,765,264

1,765,264

1,769,962

1,770,280

CURRENT ASSETS

Debtors

7

232,503

232,069

Cash at bank and in hand

27,812

61,553

260,315

293,622

CREDITORS

Amounts falling due within one year

8

71,352

35,095

NET CURRENT ASSETS

188,963

258,527

TOTAL ASSETS LESS CURRENT LIABILITIES

1,958,925

2,028,807

CREDITORS

Amounts falling due after more than one year

9

(556,571

)

(582,798

)

PROVISIONS FOR LIABILITIES

(14,278

)

(14,336

)

NET ASSETS

1,388,076

1,431,673

CAPITAL AND RESERVES

Called up share capital

111

111

Share premium Account

31,989

31,989

Undistributable reserve

60,750

60,750

Retained earnings

1,295,226

1,338,823

SHAREHOLDERS' FUNDS

1,388,076

1,431,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

V Ghedia - Director

1.	STATUTORY INFORMATION

Zina Chemist Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets

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

Fixtures, fittings and equipment

-

20% reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is measured at fair value at each reporting date with changes in fair value recognised in the profit or loss account.

Financial instruments

Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

Taxation

Taxation for the year end 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.

Deferred tax

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Investments

Fixed asset investments relate to investments in bonds and government securities which are publicly traded, which are stated at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

320

1,915

2,235

DEPRECIATION

At 1 April 2024

136

1,649

1,785

Charge for year

37

266

303

At 31 March 2025

173

1,915

2,088

NET BOOK VALUE

At 31 March 2025

147

-

147

At 31 March 2024

184

266

450

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

4,566

Share of profit/(loss)

(15

)

At 31 March 2025

4,551

NET BOOK VALUE

At 31 March 2025

4,551

At 31 March 2024

4,566

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,765,264

NET BOOK VALUE

At 31 March 2025

1,765,264

At 31 March 2024

1,765,264

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

75,000

Cost

1,690,264

1,765,264

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

232,503

232,069

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

39,083

21,478

Trade creditors

2,184

746

Taxation and social security

8,291

5,831

Other creditors

21,794

7,040

71,352

35,095

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

556,571

582,798

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

525,821

561,320

525,821

561,320

10.	RELATED PARTY DISCLOSURES

Included in other debtors as at the year end is £232,069 (2024: £232,069), an amount due from Bessfame Limited, a company in which Mr V Ghedia is also a director. The loan is unsecured and there are no set terms for repayment.

Included in other creditors as at the year end is £82 (2023: £24), an amount due to Mr V Ghedia, the director of the company. The loan is interest free and there are no set terms for repayment.