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Company Registration No. 07944995 (England and Wales)
Zai's of Fulham Limited Unaudited accounts for the year ended 28 February 2023
Zai's of Fulham Limited Unaudited accounts Contents
Page
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Zai's of Fulham Limited Company Information for the year ended 28 February 2023
Director
Janet Bolton
Company Number
07944995 (England and Wales)
Registered Office
120 Wandsworth Bridge Road Fulham London SW6 2TF
Accountants
Abacus Accounting Solutions Ltd 5 Pasture Close North Wembley Middlesex HA0 3JE
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Zai's of Fulham Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,428 
5,810 
Current assets
Inventories
7,372 
7,372 
Debtors
6,293 
6,293 
Cash at bank and in hand
7,356 
10,250 
21,021 
23,915 
Creditors: amounts falling due within one year
(14,576)
(10,935)
Net current assets
6,445 
12,980 
Total assets less current liabilities
10,873 
18,790 
Creditors: amounts falling due after more than one year
(14,549)
(16,636)
Net (liabilities)/assets
(3,676)
2,154 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(3,686)
2,144 
Shareholders' funds
(3,676)
2,154 
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2023 and were signed on its behalf by
Janet Bolton Director Company Registration No. 07944995
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Zai's of Fulham Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Zai's of Fulham Limited is a private company, limited by shares, registered in England and Wales, registration number 07944995. The registered office is 120 Wandsworth Bridge Road, Fulham, London, SW6 2TF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the term of the lease
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Government grants
Grants receivable Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received. Government assisted loans Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
Presentation currency
The accounts are presented in £ sterling.
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Zai's of Fulham Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
2,882 
5,850 
386 
2,061 
11,179 
Additions
- 
- 
- 
210 
210 
At 28 February 2023
2,882 
5,850 
386 
2,271 
11,389 
Depreciation
At 1 March 2022
2,260 
1,463 
305 
1,341 
5,369 
Charge for the year
241 
1,097 
21 
233 
1,592 
At 28 February 2023
2,501 
2,560 
326 
1,574 
6,961 
Net book value
At 28 February 2023
381 
3,290 
60 
697 
4,428 
At 28 February 2022
622 
4,387 
81 
720 
5,810 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
6,293 
6,293 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,087 
2,035 
Trade creditors
6,839 
2,157 
Taxes and social security
1,972 
3,216 
Other creditors
2,054 
2,609 
Accruals
1,624 
918 
14,576 
10,935 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,549 
16,636 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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