Registered number: 04705122 | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
Prepared By: | ||||||||
Frank Gartland Limited | ||||||||
6 Torland Road | ||||||||
Plymouth | ||||||||
PL3 5TS |
ZENNAR LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Mrs J S Aldred | ||||||||
REGISTERED OFFICE | ||||||||
CORNWALL | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04705122 | ||||||||
ACCOUNTANTS | ||||||||
Frank Gartland Limited | ||||||||
6 Torland Road | ||||||||
Plymouth | ||||||||
PL3 5TS |
ZENNAR LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/06/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ZENNAR LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
288,357 | 351,630 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 109,269 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 96,435 | 40,000 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 9 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 10 | |||||||||
Share premium account | 11 | |||||||||
Profit and loss account | (4,036) | 54,655 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
ZENNAR LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
Mrs J S Aldred | ||||||||||
Director | ||||||||||
ZENNAR LIMITED | ||||||||
NOTES TO THE ACCOUNTS AT 30/06/2023 |
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis on the understanding that the Director and the company's lenders wll continue to provide financial support if it is required.Accordingly these statements do not contain any adjustments that would be required if that support was not forthcoming. |
1c. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Fixtures and Fittings | reducing balance 20% | |||||||
Equipment | straight line 33.3% |
1d. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1e. Foreign Currency | ||||||||
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction. |
1f. Policy Trademarks | ||||||||
Trademarks are amortised over the estimated economic life of the Trademark. | ||||||||
ZENNAR LIMITED | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Patents | Total | |||
£ | £ | |||
Cost | ||||
At 01/07/2022 | 30,370 | 30,370 | ||
At 30/06/2023 | 30,370 | 30,370 | ||
Depreciation | ||||
At 01/07/2022 | 30,370 | 30,370 | ||
At 30/06/2023 | 30,370 | 30,370 | ||
Net Book Amounts | ||||
At 30/06/2023 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/07/2022 | 13,225 | 9,032 | 15,018 | 37,275 | ||||
Additions | - | - | 751 | 751 | ||||
Disposals | - | - | (750) | (750) | ||||
At 30/06/2023 | 13,225 | 9,032 | 15,019 | 37,276 | ||||
Depreciation | ||||||||
At 01/07/2022 | 11,130 | 7,950 | 13,359 | 32,439 | ||||
Disposals | - | - | (500) | (500) | ||||
For the year | 419 | 216 | 1,410 | 2,045 | ||||
At 30/06/2023 | 11,549 | 8,166 | 14,269 | 33,984 | ||||
Net Book Amounts | ||||||||
At 30/06/2023 | 3,292 | |||||||
At 30/06/2022 | 4,836 | |||||||
4. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
Work in progress | ||||||
ZENNAR LIMITED | ||||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,356 | 3,213 | ||||||
Prepayments | 307 | 730 | ||||||
Directors current account | 45,030 | 39,143 | ||||||
46,693 | 43,086 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 11,599 | 30,467 | ||||||
VAT | 3,411 | 4,041 | ||||||
PAYE control | 438 | 794 | ||||||
Amounts due from related companies | 78,241 | 81,206 | ||||||
Directors current account | 14,176 | 40,174 | ||||||
Trade creditors | 28,016 | 66,467 | ||||||
credit card | 722 | 816 | ||||||
Loans<1 year | 42,044 | 16,893 | ||||||
Accruals | 1,370 | 1,370 | ||||||
Pensions | 133 | 133 | ||||||
180,150 | 242,361 | |||||||
Included in loans are Nil (2022 £5,404) which are secured against the company's assets. | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Loans >1yr | 96,435 | 40,000 | ||||||
96,435 | 40,000 | |||||||
8. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
ZENNAR LIMITED | ||||||||
9. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 650 | 1,000 | ||||||
650 | 1,000 | |||||||
10. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
8500 | 8500 | |||||||
8,500 | 8,500 | |||||||
11. SHARE PREMIUM ACCOUNT | 2023 | 2022 | ||||
£ | £ | |||||
Share Premium | 9,950 | 9,950 |
12. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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