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REGISTERED NUMBER: OC412720

Z Hotel Poland Street Property LLP

Unaudited Financial Statements

5 April 2025

Z Hotel Poland Street Property LLP

Financial Statements

Year ended 5 April 2025

Contents | Page

Designated members and professional advisers | 1

Members' report | 2

Statement of financial position | 4

Reconciliation of members' interests | 6

Notes to the financial statements | 8

Z Hotel Poland Street Property LLP

Designated Members and Professional Advisers

Designated members | Suraj Shah
| Manish Gudka

Registered office | 1st Floor
| 88 Baker Street
| London
| England
| W1U 6TQ

LLP registration number OC412720

Z Hotel Poland Street Property LLP

Members' Report

Year ended 5 April 2025
The members present their report and the unaudited financial statements of the LLP for the year ended 5 April 2025 .
Principal activities
The principal activity of the LLP during the year was that of a holding entity.
Incorporation
The LLP was incorporated on 12 July 2016 under Limited Liability Partnership Act 2000.
Designated members
The designated members who served the LLP during the year were as follows:

Suraj Shah |
Manish Gudka |

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.
New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.
Results for the period and allocation to members
The LLP had no trading activities during the period.
This report was approved by the members on 19 January 2026 and signed on behalf of the members by:

Manish Gudka
Designated Member

Registered office:
1st Floor
88 Baker Street
London
England
W1U 6TQ

Z Hotel Poland Street Property LLP

Statement of Financial Position

5 April 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Investments | 4 | 1 | 1

Current assets

Debtors | 5 | 5,199,566 | 5,199,566

Creditors: amounts falling due within one year | 6 | 6,031,820 | 6,031,820
| ------------ | ------------
Net current liabilities | 832,254 | 832,254
| --------- | ---------
Total assets less current liabilities | ( 832,253) | ( 832,253)
| --------- | ---------

Represented by:
Loans and other debts due to members

Other amounts | – | –

Members' other interests

Members' capital classified as equity | 50 | 50
Other reserves | (832,303) | (832,303)
| --------- | ---------
| (832,253) | (832,253)
| --------- | ---------

Total members' interests

Amounts due from members | (5,199,556) | (5,199,556)
Loans and other debts due to members | – | –
Members' other interests | (832,253) | (832,253)
| ------------ | ------------
| (6,031,809) | (6,031,809)
| ------------ | ------------

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 5 April 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

Z Hotel Poland Street Property LLP

Statement of Financial Position (continued)

5 April 2025
These financial statements were approved by the members and authorised for issue on 19 January 2026 , and are signed on their behalf by:

Manish Gudka
Designated Member

Registered number: OC412720

Z Hotel Poland Street Property LLP

Reconciliation of Members' Interests

Year ended 5 April 2025

| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Members' capital (classified as equity) | Other reserves | Total | Other amounts | Total | Total 2025
| £ | £ | £ | £ | £ | £
Balance at 6 April 2024 | 50 | (832,303) | (832,253) | (5,199,556) | (5,199,556) | (6,031,809)
| ---- | --------- | --------- | ------------ | ------------ | ------------
Balance at 5 April 2025 | 50 | (832,303) | (832,253) | (5,199,556) | (5,199,556) | (6,031,809)
| ---- | --------- | --------- | ------------ | ------------ | ------------

Z Hotel Poland Street Property LLP

Reconciliation of Members' Interests (continued)

Year ended 5 April 2025

| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Members' capital (classified as equity) | Other reserves | Total | Other amounts | Total | Total 2024
| £ | £ | £ | £ | £ | £
Balance at 1 April 2023 | 50 | (832,303) | (832,253) | (5,199,556) | (5,199,556) | (6,031,809)
| ---- | --------- | --------- | ------------ | ------------ | ------------
Balance at 5 April 2024 | 50 | (832,303) | (832,253) | (5,199,556) | (5,199,556) | (6,031,809)
| ---- | --------- | --------- | ------------ | ------------ | ------------

Z Hotel Poland Street Property LLP

Notes to the Financial Statements

Year ended 5 April 2025

1. | General information

The LLP is registered in England and Wales. The address of the registered office is 1st Floor, 88 Baker Street, London, W1U 6TQ, England.

2. | Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3. | Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
Taxation on LLP profits is the personal liability of the members and consequently neither taxation nor deferred taxation is accounted for in these financial statements.
Going concern
These financial statements have been prepared on the going concern basis.
Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Z Hotel Poland Street Property LLP

Notes to the Financial Statements (continued)

Year ended 5 April 2025
3. Accounting policies (continued)
Members' participation rights (continued)
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. | Investments

| Shares in group undertakings
| £
Cost |
At 6 April 2024 and 5 April 2025 | 1
| ----
Impairment |
At 6 April 2024 and 5 April 2025 | –
| ----

Carrying amount |
At 5 April 2025 | 1
| ----
At 5 April 2024 | 1
| ----

Subsidiaries, associates and other investments

| Class of share | Percentage of shares held
Subsidiary undertakings |  |
Z Hotel Poland Street Holdings limited | Ordinary | 100

The results and capital and reserves for the year are as follows:

| Capital and reserves | Profit/(loss) for the year
| 2025 | 2024 | 2025 | 2024
| £ | £ | £ | £
Subsidiary undertakings |  |  |  |
Z Hotel Poland Street Holdings limited | 2,037,251 | 2,037,251 | – | –
| ------------ | ------------ | ---- | ----

5. | Debtors

| 2025 | 2024
| £ | £
Amounts due from members | 5,199,556 | 5,199,556
Other debtors | 10 | 10
| ------------ | ------------
| 5,199,566 | 5,199,566
| ------------ | ------------

The amounts due from Z Hotel Poland Street Group Holdings limited are unsecured, interest free and repayable upon demand.
6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Amounts owed to group undertakings | 6,031,820 | 6,031,820
| ------------ | ------------

The amounts due to Z Hotel Poland Street Holdings Limited are unsecured, interest free and repayable upon demand.