Zero Residential Limited - Filleted accounts

Registered number

11477683

Zero Residential Limited

Filleted Accounts

31 July 2025

Zero Residential Limited
Registered number:		11477683
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,236,744			1,238,294

Current assets
Cash at bank and in hand		18,971			14,303

Creditors: amounts falling due within one year	4	(1,601)			(1,480)

Net current assets			17,370			12,823

Total assets less current liabilities			1,254,114			1,251,117

Creditors: amounts falling due after more than one year	5		(1,271,073)			(1,274,514)



Net liabilities			(16,959)			(23,397)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(16,960)			(23,398)

Shareholder's funds			(16,959)			(23,397)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Omar Ali
Director
Approved by the board on 30 July 2026

Zero Residential Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings	25% on Straight line

	Investments property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				0		0


3	Tangible fixed assets
			Investment Property		Fixtures & Fittings		Total
£				£		£
	Cost
	At 1 August 2024		1,235,194		6,200		1,241,394
	At 31 July 2025		1,235,194		6,200		1,241,394

	Depreciation
	At 1 August 2024		-		3,100		3,100
	Charge for the year		-		1,550		1,550
	At 31 July 2025		-		4,650		4,650

	Net book value
	At 31 July 2025		1,235,194		1,550		1,236,744
	At 31 July 2024		1,235,194		3,100		1,238,294


	Investment Property				2025		2024
£						£
	Additions				1,235,194		1,235,194
					-		-
					1,235,194		1,235,194


4	Creditors: amounts falling due within one year				2025		2024
£						£

	Other creditors				1,601		1,480


5	Creditors: amounts falling due after one year				2025		2024
£						£

	Bank loans				879,777		879,895
	Directors' loan accounts				391,296		394,619
					1,271,073		1,274,514


6	Loans				2025		2024
£						£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years				879,894		879,894


7	Controlling party

	The ultimate controlling party is Mr Omar Ali. The director, Mr Omar Ali is considered to be the ultimate controlling party by virtue of the fact he owns 100% of the issued share capital of the company.

8

	Zero Residential Limited is a private company limited by shares and incorporated in England. Its registered office is:
	85 Great Portland Street
	First Floor
	London
	England
	W1W 7LT