Company Registration No. 11782485 (England and Wales)
Z-DECORATING LTD
Unaudited accounts
for the year ended 31 January 2024
Z-DECORATING LTD
Unaudited accounts
Contents
Z-DECORATING LTD
Company Information
for the year ended 31 January 2024
Directors
ZDRAVKO RADEV RUSEV
DOBRINKA DONEVA VASILEV
Company Number
11782485 (England and Wales)
Registered Office
31 Meredith Close
Pinner
HA5 4RP
Z-DECORATING LTD
Statement of financial position
as at 31 January 2024
Tangible assets
8,487
13,124
Cash at bank and in hand
10,667
16,954
Creditors: amounts falling due within one year
(5,956)
(9,325)
Net current assets
4,766
14,875
Total assets less current liabilities
13,253
27,999
Creditors: amounts falling due after more than one year
(5,700)
(9,300)
Called up share capital
2
2
Profit and loss account
7,551
18,697
Shareholders' funds
7,553
18,699
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 2 March 2024 and were signed on its behalf by
ZDRAVKO RADEV RUSEV
Director
Company Registration No. 11782485
Z-DECORATING LTD
Notes to the Accounts
for the year ended 31 January 2024
Z-DECORATING LTD is a private company, limited by shares, registered in England and Wales, registration number 11782485. The registered office is 31 Meredith Close, Pinner, HA5 4RP.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Motor vehicles
Straight lane 25%
Z-DECORATING LTD
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
23,200
1,049
24,249
At 31 January 2024
23,200
2,949
26,149
At 1 February 2023
10,600
525
11,125
Charge for the year
5,800
737
6,537
At 31 January 2024
16,400
1,262
17,662
At 31 January 2024
6,800
1,687
8,487
At 31 January 2023
12,600
524
13,124
Amounts falling due within one year
Amounts due from group undertakings etc.
-
44
Accrued income and prepayments
-
469
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,600
3,600
Taxes and social security
2,326
3,828
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).