SFZ Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14856337

		28 February 2025		31 May 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		601,113
Investments	5		1		1

			1		601,114
CURRENT ASSETS
Debtors	6	214,689		21,352
Cash at bank and in hand		9,820		14,179

		224,509		35,531
Creditors: Amounts Falling Due Within One Year	7	(129,116 )		(123,387 )

NET CURRENT ASSETS (LIABILITIES)			95,393		(87,856 )

TOTAL ASSETS LESS CURRENT LIABILITIES			95,394		513,258

Creditors: Amounts Falling Due After More Than One Year	8		-		(604,350 )

NET ASSETS/(LIABILITIES)			95,394		(91,092 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			95,393		(91,093 )

SHAREHOLDERS' FUNDS			95,394		(91,092)

Page 1

Page 2

SFZ Properties Ltd

Balance Sheet (continued)

As At 28 February 2025

For the period ending 28 February 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 Profit and Loss Account.

On behalf of the board

Mr David Zafir

Director

23/04/2026

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

1. General Information

SFZ Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14856337 . The registered office is 5 North End Road, London, NW11 7RJ.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: 1)

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 June 2024	601,113
Disposals	(601,113 )

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	-

As at 1 June 2024	601,113

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 June 2024	1

As at 28 February 2025	1

Provision
As at 1 June 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	1

As at 1 June 2024	1

Page 3

Page 4

SFZ Properties Ltd

Notes to the Financial Statements (continued)

For the Period 1 June 2024 to 28 February 2025

6. Debtors

	28 February 2025	31 May 2024
	£	£
Due within one year
Amounts owed by group undertakings	54,121	2,812
Other debtors	160,568	18,540

	214,689	21,352

7. Creditors: Amounts Falling Due Within One Year

	28 February 2025	31 May 2024
	£	£
Other creditors	129,116	123,387

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

	28 February 2025	31 May 2024
	£	£
Bank loans	-	604,350

9. Share Capital

	28 February 2025	31 May 2024
	£	£
Allotted, Called up and fully paid	1	1