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FAZ INVESTMENTS LTD

Registered Number
12501595
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2026

FAZ INVESTMENTS LTD
Company Information
for the year from 1 April 2025 to 31 March 2026

Directors | OSMAN, Faizal Aziz Ayub
| OSMAN, Ruksana Faizal

Registered Address | 8 Coplow Avenue
| Leicester
| LE5 5WA

Registered Number | 12501595 (England and Wales)

FAZ INVESTMENTS LTD
Balance Sheet as at
31 March 2026

|  | 2026 £ |  | 2025 £
--- | --- | --- | --- | ---
Assets |  |  |  |
Fixed Assets |  | 361,790 |  | 361,790
Current Assets |  | 17,717 |  | 2,767
Prepayments and accrued income |  | 41 |  | 41
|  | 379,548 |  | 364,598
Capital, Reserves and Liabilities |  |  |  |
Capital and reserves |  | 25,456 |  | 15,864
Creditors amounts falling due within one year |  | 137,055 |  | 144,590
Creditors amounts falling due after one year |  | 217,037 |  | 203,064
Accruals and deferred income |  | - |  | 1,080
|  | 379,548 |  | 364,598

- The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

- Average number of employees

  The average number of persons employed by the company in the period was 2 (previous period: 2).

- Directors advances, credits and guarantees

  During the year, the company received unsecured loans from its directors to support its operating and investment activities. These loans are repayable on demand and are included within Creditors: Amounts falling due within one year. The total balance outstanding from directors at 31 March 2026 was £120,395 (2025: £133,072). During the year, each director charged interest of £500 on their respective loan balances, totalling £1,000 (2025: £1,000). These charges are included within the loan interest paid in the profit and loss account. All amounts remain outstanding at the reporting date. The company pays £312 per annum to its directors for the use of their residential property at 8 Coplow Avenue, Leicester, as the company's registered office and place of business. This amount is included within administrative expenses in the profit and loss account. No other advances, credits or guarantees were made to or on behalf of the directors during the year.

- Off Balance Sheet Arrangements

  During the year, the company paid a deposit of £15,000 in connection with the acquisition of a fourth leasehold flat (Flat 2) within the same residential development as its existing properties. Legal title had not transferred at the balance sheet date, and accordingly, the deposit has been recognised as a current asset representing costs incurred in connection with the forthcoming acquisition. Since the balance sheet date, the company has continued to progress with the acquisition. The acquisition is expected to be completed in due course. No other material events have occurred since the balance sheet date that would require adjustment to or disclosure in these financial statements.

- Additional Disclosures

  ACCOUNTING POLICIES Basis of preparation These financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006, on the historical cost basis. These financial statements are prepared in sterling, rounded to the nearest pound, and have been prepared on the going concern basis. Turnover Turnover represents rental income, ground rent, and service charge income receivable in the year, exclusive of VAT. Income is recognised in the accounting period to which it relates on an accruals basis. Where the company manages properties on behalf of third parties pending acquisition, income represents the net margin retained after deducting directly attributable costs. Principal activity The principal activity of the company is the letting and operation of its own residential investment properties. During the year, the company also managed a further residential property pending completion of its acquisition. Investment properties The company's investment properties are carried at cost in the current year. No depreciation is charged on freehold investment properties or on leasehold properties with unexpired terms of approximately 990 years, as the directors consider the annual charge to be immaterial. The directors have commissioned a formal independent valuation of all investment properties and intend to transition to fair value measurement in accordance with FRS 102 Section 16 for the year ending 31 March 2027. At the point of transition, the difference between cost and fair value will be recognised in the profit and loss account, and comparative figures will be restated accordingly. Depreciation on other fixed assets Depreciation is calculated to write off the cost of each asset over its expected useful life as follows: Plant and machinery — 25% straight line Fixtures and fittings — 25% straight line Computer equipment — 25% straight line Computer software — 25% straight line OPERATING PROFIT The operating profit is stated after charging the following: Depreciation of tangible fixed assets: £116 (2025: £570) Amortisation of intangible assets: nil (2025: nil) Directors loan account interest: £1,000 (2025: £1,000) Entertainment expenses: £50 (2025: nil) Auditors remuneration: £8 (2025: £1,390) DIVIDENDS During the year, dividends of £1,600 were paid, being £400 to each of the four shareholders (2025: £800, being £200 to each of the four shareholders). TANGIBLE FIXED ASSETS Tangible fixed assets comprise investment properties and other fixed assets used in the business. The net book value at 31 March 2025, as presented, is stated at £362,008. This differs from the previously filed accounts by £391, representing the correction of excess accumulated amortisation on computer software in the prior year. This prior period correction is immaterial and has been included within other income in the current year profit and loss account. Fixed asset movements during the year: Cost: At 1 April 2025 — Investment Properties £361,790 | Plant and Machinery £251 | Fixtures and Fittings £284 | Total £362,325 Additions — nil | nil | nil | nil At 31 March 2026 — Investment Properties £361,790 | Plant and Machinery £251 | Fixtures and Fittings £284 | Total £362,325 Depreciation: At 1 April 2025 — Investment Properties nil | Plant and Machinery £157 | Fixtures and Fittings £160 | Total £317 Charge for year — nil | £63 | £53 | £116 At 31 March 2026 — Investment Properties nil | Plant and Machinery £220 | Fixtures and Fittings £213 | Total £433 Net Book Value: At 31 March 2026 — Investment Properties £361,790 | Plant and Machinery £31 | Fixtures and Fittings £71 | Total £361,892 At 1 April 2025 — Investment Properties £361,790 | Plant and Machinery £94 | Fixtures and Fittings £124 | Total £362,008 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors falling due within one year at 31 March 2026 were £137,055 (2025: £144,590). These include directors' loan accounts, shareholder loan accounts, corporation tax and other short-term creditors. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Creditors falling due after more than one year at 31 March 2026 were £217,037 (2025: £203,064). These comprise loans from companies under common control of £205,000 (2025: £165,000) and shareholder loan accounts of £12,037 (2025: £38,064). SHARE CAPITAL Allotted, called up and fully paid: £202 (2025: £202). RELATED PARTY TRANSACTIONS Shareholder Loan Accounts The company has two shareholders who are not directors. Unsecured loans from these shareholders totalled £23,496 at 31 March 2026 (2025: £45,643), of which £11,459 is included within Creditors: Amounts falling due within one year and £12,037 within Creditors: Amounts falling due after more than one year. No interest is charged on these balances. These amounts are repayable on demand. Loans from Companies Under Common Control The company has loans of £205,000 (2025: £165,000) from other companies under common control by virtue of common shareholdings. These loans are unsecured, bear interest at commercial rates, and are repayable in accordance with agreed terms. The balances are included within Creditors: Amounts falling due after more than one year. No guarantees have been given or received in respect of these arrangements. All related party transactions were undertaken on terms equivalent to those that prevail in arm's length transactions. COMPILATION REPORT These financial statements have been compiled by Osman Partnership, 8 Coplow Avenue, Leicester, LE5 5WA, from information provided by the directors of FAZ Investments Ltd. They have not been audited or reviewed, and accordingly, no assurance is expressed thereon. The financial statements have been prepared in accordance with FRS 102 and the Companies Act 2006 as applicable to companies subject to the small companies regime. 25 May 2026

The financial statements were approved and authorised for issue by the Board of Directors on 25 May 2026, and are signed on its behalf by:
OSMAN, Faizal Aziz Ayub Director
OSMAN, Ruksana Faizal Director Registered Company No. 12501595