Company Registration No. 10628985 (England and Wales)
ZAF RECOVERY LTD
Unaudited accounts
for the year ended 28 February 2023
ZAF RECOVERY LTD
Unaudited accounts
Contents
ZAF RECOVERY LTD
Company Information
for the year ended 28 February 2023
Company Number
10628985 (England and Wales)
Registered Office
65 CHETWYND ROAD
BIRMINGHAM
UK
B8 2LB
UNITED KINGDOM
Accountants
Caldwell House Consulting
44 Caldwell Road
Birmingham
West Midlands
B9 5TQ
ZAF RECOVERY LTD
Statement of financial position
as at 28 February 2023
Tangible assets
11,783
14,370
Cash at bank and in hand
23,154
23,090
Creditors: amounts falling due within one year
(778)
(2,069)
Net current assets
22,376
21,021
Total assets less current liabilities
34,159
35,391
Creditors: amounts falling due after more than one year
(26,343)
(28,866)
Provisions for liabilities
Deferred tax
(1,013)
(1,236)
Called up share capital
1
1
Profit and loss account
6,802
5,288
Shareholders' funds
6,803
5,289
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 his 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 November 2023 and were signed on its behalf by
Zafar Iqbal
Director
Company Registration No. 10628985
ZAF RECOVERY LTD
Notes to the Accounts
for the year ended 28 February 2023
ZAF RECOVERY LTD is a private company, limited by shares, registered in England and Wales, registration number 10628985. The registered office is 65 CHETWYND ROAD, BIRMINGHAM, UK, B8 2LB, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Motor vehicles
At 28 February 2023
28,900
At 28 February 2023
17,117
At 28 February 2023
11,783
At 28 February 2022
14,370
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
524
22
ZAF RECOVERY LTD
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
15,090
15,390
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).