HZH DEVELOPMENTS LIMITED

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 07577250

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,159,406		2,129,406

			2,159,406		2,129,406
CURRENT ASSETS
Stocks	5	3,119,003		2,872,582
Debtors	6	-		35,100
Cash at bank and in hand		74,989		2,815

		3,193,992		2,910,497
Creditors: Amounts Falling Due Within One Year	7	(1,950,544 )		(1,868,934 )

NET CURRENT ASSETS (LIABILITIES)			1,243,448		1,041,563

TOTAL ASSETS LESS CURRENT LIABILITIES			3,402,854		3,170,969

Creditors: Amounts Falling Due After More Than One Year	8		(1,800,420 )		(1,800,403 )

NET ASSETS			1,602,434		1,370,566

CAPITAL AND RESERVES
Called up share capital	9		100		100
Income Statement			1,602,334		1,370,466

SHAREHOLDERS' FUNDS			1,602,434		1,370,566

Page 1

Page 2

HZH DEVELOPMENTS LIMITED

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 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 Income Statement.

On behalf of the board

Mr Zhong Huang

Director

27/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

HZH DEVELOPMENTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07577250 . The registered office is 14 Avon Road, Walthamstow, London, E17 3RB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

no depreciation on freehold property

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the statement of financial position date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the statement of financial position date.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 April 2024	2,129,406
Additions	30,000

As at 31 March 2025	2,159,406

Net Book Value
As at 31 March 2025	2,159,406

As at 1 April 2024	2,129,406

Page 3

Page 4

HZH DEVELOPMENTS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Stocks

	2025	2024
	£	£
Stock - materials and work in progress	3,119,003	2,872,582

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	35,100

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1
Bank loans and overdrafts	12,209	22,403
Other creditors	1,861,046	1,844,993
Taxation and social security	77,289	1,537

	1,950,544	1,868,934

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

	2025	2024
	£	£
Bank loans	1,800,420	1,800,403

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100