REGISTERED NUMBER: 10694301 (England and Wales)

ZIA DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Zia

S A Zia

REGISTERED OFFICE:

11 Sandmoor Chase

Leeds

West Yorkshire

LS17 7TB

REGISTERED NUMBER:

10694301 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

7,210

12,436

Investment property

5

1,350,403

1,350,403

1,357,613

1,362,839

CURRENT ASSETS

Stocks

-

325,169

Debtors

6

4,796

31,099

Cash at bank

159,557

10,325

164,353

366,593

CREDITORS

Amounts falling due within one year

7

(1,489,093

)

(1,664,305

)

NET CURRENT LIABILITIES

(1,324,740

)

(1,297,712

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,873

65,127

CREDITORS

Amounts falling due after more than one year

8

(30,776

)

(38,638

)

PROVISIONS FOR LIABILITIES

10

(1,803

)

(2,363

)

NET ASSETS

294

24,126

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

194

24,026

SHAREHOLDERS' FUNDS

294

24,126

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 7 September 2026 and were signed on its behalf by:

S A Zia - Director

M Zia - Director

1.	STATUTORY INFORMATION

ZIA Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable for services, rental income and proceeds from the sale of properties, net of VAT. Income from services is recognised as the services are performed. Rental income is recognised on a straight-line basis over the period of the lease. Revenue from the sale of properties is recognised when the ownership has been transferred to the buyer.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

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.

Stocks

Work in progress is calculated using the first-in, first-out method and includes purchase cost, legal fees & all renovation work in bringing properties to their present condition.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

36,729

Additions

1,680

At 31 March 2026

38,409

DEPRECIATION

At 1 April 2025

24,293

Charge for year

6,906

At 31 March 2026

31,199

NET BOOK VALUE

At 31 March 2026

7,210

At 31 March 2025

12,436

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,350,403

NET BOOK VALUE

At 31 March 2026

1,350,403

At 31 March 2025

1,350,403

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

1,350,403

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

1,350,403

1,350,403

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by associates

-

25,900

Other debtors

4,796

5,199

4,796

31,099

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,556

5,555

Trade creditors

8,727

12,787

Amounts owed to associates

8,100

-

Taxation and social security

8,240

4,786

Other creditors

1,458,470

1,641,177

1,489,093

1,664,305

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

18,519

24,075

Other creditors

12,257

14,563

30,776

38,638

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

-

1,852

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

24,075

29,630

Secured debts represents assistance received under the Bounce Back loan scheme granted by the Government.

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,803

2,363

Deferred

tax

£

Balance at 1 April 2025

2,363

Provided during year

(560

)

Balance at 31 March 2026

1,803

11.	RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £1,379,823 (2025: £1,634,046) were outstanding at the year end. Loans will be repaid when funds permit.

Creditors includes a £8,100 loan (2025 Debtors: £25,900) to a company owned by one of the directors of Zia Developments Ltd. The loans are interest free and are repayable on demand.