REGISTERED NUMBER: 11089652 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

ZARSK PROPERTIES LTD

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

Director:

N D Rabin

Registered office:

13 Bournehall Lane

Bushey

Hertfordshire

WD23 4QQ

Registered number:

11089652 (England and Wales)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

Fixed assets

Tangible assets

5

2,663

-

Investment property

6

917,500

907,500

920,163

907,500

Current assets

Debtors

76,843

52,120

Cash at bank

4,704

4,601

81,547

56,721

Creditors

Amounts falling due within one year

76,489

66,606

Net current assets/(liabilities)

5,058

(9,885

)

Total assets less current liabilities

925,221

897,615

Creditors

Amounts falling due after more than one year

1,051,279

1,014,383

Net liabilities

(126,058

)

(116,768

)

Capital and reserves

Called up share capital

8

1,000

1,000

Fair value reserve

(82,168

)

(84,555

)

Retained earnings

(44,890

)

(33,213

)

Shareholders' funds

(126,058

)

(116,768

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 August 2026 and were signed by:

N D Rabin - Director

1.	Statutory information

Zarsk Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the balance sheet date, the company's liabilities exceed its assets. The company has received assurances from its shareholders that they will continue to give full financial support to the company for the next twelve months.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Investment 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.

4.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

5.	Tangible fixed assets

Totals

£

Cost

Additions

3,994

At 30 November 2025

3,994

Depreciation

Charge for year

1,331

At 30 November 2025

1,331

Net book value

At 30 November 2025

2,663

6.	Investment property

Total

£

Fair value

At 1 December 2024

907,500

Additions

7,612

Revaluations

2,388

At 30 November 2025

917,500

Net book value

At 30 November 2025

917,500

At 30 November 2024

907,500

Fair value at 30 November 2025 is represented by:

£

Valuation in 2024

(84,555

)

Valuation in 2025

2,387

Cost

999,668

917,500

7.

Loans

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

1,251

-

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,460

-

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

N D Rabin

Balance outstanding at start of year

(66,606

)

(6,241

)

Amounts advanced

14,259

1,000

Amounts repaid

(22,891

)

(61,365

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(75,238

)

(66,606

)

10.	Ultimate controlling party

The ultimate controlling party is N D Rabin.