REGISTERED NUMBER: 12309798 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Zennor Capital Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Salter

D N Mitchinson

M U Alen-Buckley

H R Hunter

P S Kirkby

S Patel

REGISTERED OFFICE:

The Gaumont

Level 2A

204 King's Road

London

SW3 5XP

REGISTERED NUMBER:

12309798 (England and Wales)

ACCOUNTANTS:

A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

-

Investments

6

556,438

496,438

556,438

496,438

CURRENT ASSETS

Debtors

7

720,873

16,690

Cash at bank

16,654

477

737,527

17,167

CREDITORS

Amounts falling due within one year

8

243,298

223,264

NET CURRENT ASSETS/(LIABILITIES)

494,229

(206,097

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,050,667

290,341

CAPITAL AND RESERVES

Called up share capital

9

113,208

102,000

Share premium

10

179,292

130,500

Retained earnings

10

758,167

57,841

SHAREHOLDERS' FUNDS

1,050,667

290,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 12 August 2026 and were signed on its behalf by:

R J Salter - Director

1.	STATUTORY INFORMATION

Zennor Capital Holdings 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.	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.

The financial statements have been prepared on a going concern basis, the acceptability of which is dependent on the continued support of the directors.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures and fittings

-

25% per annum

Computer equipment

-

25% per annum

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2025

and 31 March 2026

7,640

AMORTISATION

At 1 April 2025

and 31 March 2026

7,640

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

5,303

12,435

17,738

DEPRECIATION

At 1 April 2025

and 31 March 2026

5,303

12,435

17,738

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

-

-

-

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

496,438

Additions

60,000

At 31 March 2026

556,438

NET BOOK VALUE

At 31 March 2026

556,438

At 31 March 2025

496,438

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

166

Other debtors

720,873

16,524

720,873

16,690

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

3,924

1,140

Taxation and social security

234,598

54,025

Other creditors

4,776

168,099

243,298

223,264

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

113,208

Ordinary

£1

113,208

102,000

11,208 Ordinary shares of £1 each were allotted as fully paid at a premium of £4.3533 per share during the year.

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2025

57,841

130,500

188,341

Profit for the year

700,326

700,326

Cash share issue

-

48,792

48,792

At 31 March 2026

758,167

179,292

937,459

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2026, the company owed the directors £1,296 (2025: £101,540)

12.	RELATED PARTY DISCLOSURES

Related Party

Transaction Type

Transaction in year to 31.3.26

Balance receivable from/(payable to) related party at 31.3.26

Balance receivable from/(payable to) related party at 31.3.25

£

£

£

Partnership in which

Recharged expenses

Nil (2025: Nil)

-

166

the company is a

Rent deposit

Nil (2025: Nil)

16,524

16,524

partner.

Share of profit/(loss)

977,428 (2025: 543,286)

-

-

Current account

767,428 (2025: 536)

704,349

(63,079)

13.	ULTIMATE CONTROLLING PARTY

The controlling party and ultimate controlling party is R J Salter.