REGISTERED NUMBER: 10428957 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Zone Developments (Leicester) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

V N Popat

N Thakkar

N I Popat

B Popat

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

10428957 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,207

946

CURRENT ASSETS

Debtors

5

2,879,629

2,054,626

Cash at bank and in hand

2,741

208,281

2,882,370

2,262,907

CREDITORS

Amounts falling due within one year

6

3,020,747

2,245,092

NET CURRENT (LIABILITIES)/ASSETS

(138,377

)

17,815

TOTAL ASSETS LESS CURRENT LIABILITIES

(137,170

)

18,761

CAPITAL AND RESERVES

Called up share capital

7

30

30

Retained earnings

(137,200

)

18,731

SHAREHOLDERS' FUNDS

(137,170

)

18,761

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 directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

V N Popat - Director

1.	STATUTORY INFORMATION

Zone Developments (Leicester) Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the fair value of consideration receivable for construction and building services provided during the year, net of value added tax and trade discounts.

Revenue from construction contracts is recognised as work is performed and is measured by reference to the stage of completion of the contract at the reporting date, when the outcome of the contract can be estimated reliably.

The stage of completion is assessed by reference to the proportion of contract costs incurred to date compared with the estimated total contract costs.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of contract costs incurred that are expected to be recoverable.

Revenue is recognised when control of the services has been transferred to the customer and is measured at the fair value of the consideration receivable under the terms of the contract.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

Whilst the company had net liabilities of £137,170 and the reporting date, the directors have reviewed the company's strategy and expect to realise profits from the ongoing development of buildings projects. Therefore, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and for at least 12 months from the date of approving these financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

2,142

Additions

1,349

At 30 November 2025

3,491

DEPRECIATION

At 1 December 2024

1,196

Charge for year

1,088

At 30 November 2025

2,284

NET BOOK VALUE

At 30 November 2025

1,207

At 30 November 2024

946

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,839,622

806,311

Tax

9,908

-

VAT

30,099

61,648

Prepayments and accrued income

1,000,000

1,186,667

2,879,629

2,054,626

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

312,979

275,595

Tax

34

9,096

Social security and other taxes

4,761

5,028

Other creditors

1,838,125

1,199,228

Directors' current accounts

859,085

746,227

Accruals and deferred income

5,763

9,918

3,020,747

2,245,092

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3,000

Ordinary

£0.01

30

30

8.	ACCOUNTING PERIOD

The prior accounting period covered the 13-month period from 1 November 2023 to 30 November 2025, which is longer than the standard 12 months. As a result, the comparative figures may not be entirely comparable with those of the current period.