Holdco Z3 Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12338742 (England and Wales)

Financial Statements for the Year Ended 30 November 2023

for

Holdco Z3 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G R Ziser

REGISTERED OFFICE:

Unit 9, First Floor

Hampstead West

224 Iverson Road

London

NW6 2HL

REGISTERED NUMBER:

12338742 (England and Wales)

ACCOUNTANTS:

Newmans

Chartered Certified Accountants

DVS House

Suite 1, First Floor

4 Spring Villa Road

Edgware

Middlesex

HA8 7EB

FIXED ASSETS

Investments

4

12,670,765

CURRENT ASSETS

Debtors

5

2

CREDITORS

Amounts falling due within one year

6

6,586,917

6,586,664

NET CURRENT LIABILITIES

(6,586,915

)

(6,586,662

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,083,850

6,084,103

CREDITORS

Amounts falling due after more than one year

7

6,084,954

NET LIABILITIES

(1,104

)

(851

)

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

(1,106

)

(853

)

SHAREHOLDERS' FUNDS

(1,104

)

(851

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 5 April 2024 and were signed by:

G R Ziser - Director

1.	STATUTORY INFORMATION

Holdco Z3 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 December 2022

and 30 November 2023

12,670,765

NET BOOK VALUE

At 30 November 2023

12,670,765

At 30 November 2022

12,670,765

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

Other debtors

2

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

Amounts owed to group undertakings

6,564,785

6,522,424

Amounts owed to associates

21,892

64,000

Accrued expenses

240

6,586,917

6,586,664

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.23

30.11.22

£

Other loans

3,809,153

Amounts owed to associates

2,275,801

6,084,954

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

3,809,153

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.23

30.11.22

value:

£

2

Ordinary

£1

2

9.	CAPITAL COMMITMENTS

Santander UK Plc holds fixed charge over Holdco Z3 Ltd. The charges also contain a negative claim.

Holdco Z3 Ltd - Accounts to registrar (filleted) - small 23.2.5

Holdco Z3 Ltd - Accounts to registrar (filleted) - small 23.2.5