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REGISTERED NUMBER: 03709362 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

ZEBEDEE ASSOCIATES LIMITED

ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ZEBEDEE ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTOR: Mr Fola Basomo Sogeke





REGISTERED OFFICE: 61 Brookdene Avenue
Oxhey Hall
Hertfordshire
WD19 4LG





REGISTERED NUMBER: 03709362 (England and Wales)






ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,482 4,770

CURRENT ASSETS
Debtors 5 434 10,725
Cash at bank 28,396 17,302
28,830 28,027
CREDITORS
Amounts falling due within one year 6 16,578 23,975
NET CURRENT ASSETS 12,252 4,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,734

8,822

PROVISIONS FOR LIABILITIES 7 - 852
NET ASSETS 20,734 7,970

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 20,724 7,960
SHAREHOLDERS' FUNDS 20,734 7,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 1 November 2018 and were signed by:





Fola Basomo- Sogeke - Director


ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018


1. STATUTORY INFORMATION

Zebedee Associates 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.

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain critical
accounting estimates. It also requires management to exercise judgement in applying the company's accounting
policies.

ACCOUNTING ESTIMATES AND JUDGEMENTS
In preparing the financial statements, management were not required to make any estimates or judgements which
may materially affect reported income, expenses, assets, liabilities or disclosure of contingent assets and liabilities.

DIVIDENDS
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when
paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in
order to write off each asset over its estimated useful life.

Furniture & Fixture - 25% on cost
Computer equipment - 25% 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 statement of financial position date.


ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position 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.

DEBTORS
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at
fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest
method, less any impairment.

CASH AND CASH EQUIVALENTS
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of
not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months
from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of
change in value.

CREDITORS
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the
effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 March 2017 5,182 47,404 52,586
Additions 1,012 4,898 5,910
At 28 February 2018 6,194 52,302 58,496
Depreciation
At 1 March 2017 4,277 43,539 47,816
Charge for year 424 1,774 2,198
At 28 February 2018 4,701 45,313 50,014
Net book value
At 28 February 2018 1,493 6,989 8,482
At 28 February 2017 905 3,865 4,770

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 434 10,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 16,578 13,519
Other creditors - 10,456
16,578 23,975

7. PROVISIONS FOR LIABILITIES
2018 2017
£    £   
Deferred tax - 852

Deferred
tax
£   
Balance at 1 March 2017 852
Provided during year (852 )
Balance at 28 February 2018 -

ZEBEDEE ASSOCIATES LIMITED (REGISTERED NUMBER: 03709362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £0.10 10 10

9. RESERVES
Retained
earnings
£   

At 1 March 2017 7,960
Profit for the year 44,764
Dividends (32,000 )
At 28 February 2018 20,724

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,000 (2017 - £29,000) were paid to the director .

As at balance sheet date, there is an amount due from director, Mr Fola Basomo Sogeke of £277 (2017: £10,456 Cr).
This is an interest free advance from company and does not have a fixed date of repayment.

11. CONTROLLING PARTY

The controlling party is Mr Fola Basomo Sogeke.