Company Registration No. 10986938 (England and Wales)
Zen Financial Advice Ltd
Unaudited accounts
for the year ended 31 March 2023
Zen Financial Advice Ltd
Unaudited accounts
Contents
Zen Financial Advice Ltd
Company Information
for the year ended 31 March 2023
Company Number
10986938 (England and Wales)
Registered Office
50 Arcadian Gardens
London
N22 5AD
England
Accountants
Alexander-Passe & Co
33 Chessington Avenue
London
N3 3DR
Zen Financial Advice Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
5,855
6,183
Cash at bank and in hand
56,320
45,903
Creditors: amounts falling due within one year
(19,053)
(23,253)
Net current assets
39,244
24,085
Total assets less current liabilities
45,099
30,268
Creditors: amounts falling due after more than one year
(6,771)
(9,716)
Called up share capital
1
1
Profit and loss account
38,327
20,551
Shareholders' funds
38,328
20,552
For the year ending 31 March 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 9 February 2024 and were signed on its behalf by
Mr X Xenophontos
Director
Company Registration No. 10986938
Zen Financial Advice Ltd
Notes to the Accounts
for the year ended 31 March 2023
Zen Financial Advice Ltd is a private company, limited by shares, registered in England and Wales, registration number 10986938. The registered office is 50 Arcadian Gardens, London, N22 5AD, England.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
-
1,435
Amounts falling due after more than one year
Zen Financial Advice Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,913
2,913
Taxes and social security
11,710
7,600
Other creditors
2,000
2,000
Loans from directors
-
9,240
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).