2022-06-07 2023-06-30 false Capium Accounts Production 1.1 14155814 bus:FullAccounts 2022-06-07 2023-06-30 14155814 bus:FRS102 2022-06-07 2023-06-30 14155814 bus:AuditExemptWithAccountantsReport 2022-06-07 2023-06-30 14155814 bus:SmallCompaniesRegimeForAccounts 2022-06-07 2023-06-30 14155814 bus:PrivateLimitedCompanyLtd 2022-06-07 2023-06-30 14155814 2022-06-07 2023-06-30 14155814 2023-06-30 14155814 bus:RegisteredOffice 2022-06-07 2023-06-30 14155814 core:WithinOneYear 2023-06-30 14155814 core:AfterOneYear 2023-06-30 14155814 bus:Director1 2022-06-07 2023-06-30 14155814 bus:Director1 2023-06-30 14155814 2021-06-07 14155814 bus:CompanySecretary1 2022-06-07 2023-06-30 14155814 bus:LeadAgentIfApplicable 2022-06-07 2023-06-30 14155814 2022-06-06 14155814 bus:OrdinaryShareClass1 2022-06-07 2023-06-30 14155814 bus:OrdinaryShareClass1 2023-06-30 14155814 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 14155814 core:CostValuation core:Non-currentFinancialInstruments 2022-06-06 14155814 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 14155814 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 14155814 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 14155814 core:Non-currentFinancialInstruments 2023-06-30 14155814 core:Non-currentFinancialInstruments 2022-06-06 14155814 core:ShareCapital 2023-06-30 14155814 core:RetainedEarningsAccumulatedLosses 2023-06-30 14155814 core:ShareCapitalOrdinaryShares 2022-06-07 14155814 core:ShareCapitalOrdinaryShares 2022-06-07 2023-06-30 14155814 core:ShareCapitalOrdinaryShares 2023-06-30 14155814 core:RevaluationReserve 2022-06-07 14155814 core:RevaluationReserve 2022-06-07 2023-06-30 14155814 core:RevaluationReserve 2023-06-30 14155814 core:CapitalRedemptionReserve 2022-06-07 14155814 core:CapitalRedemptionReserve 2022-06-07 2023-06-30 14155814 core:CapitalRedemptionReserve 2023-06-30 14155814 core:RetainedEarningsAccumulatedLosses 2022-06-07 14155814 core:RetainedEarningsAccumulatedLosses 2022-06-07 2023-06-30 14155814 core:RetainedEarningsAccumulatedLosses 2023-06-30 14155814 dpl:Item1 2022-06-07 14155814 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14155814


 

 

 

ZAI AUTOS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 07 June 2022

End date: 30 June 2023
Director Awaiz YOUSUF ZAI
Registered Number 14155814
Registered Office 24 Clifford Avenue
Beeston
Nottingham
NG9 2QN
Accountants JTA Accountants Limited
22 Nuthall Road
Nottingham
NG8 5AT
1
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 30 June 2023.
Principal activities
Principal activity of the company during the financial period was of MOT inspection.
Director
The director who served the company throughout the period was as follows:
Awaiz YOUSUF ZAI
Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.


----------------------------------
Awaiz YOUSUF ZAI
Director

Date approved: 04 March 2024
2
Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 June 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
JTA Accountants Limited
30 June 2023



....................................................
JTA Accountants Limited
22 Nuthall Road
Nottingham
NG8 5AT
04 March 2024
3
 
 
Notes
 
2023
£
Turnover 13,927 
Cost of sales (500)
Gross profit 13,427 
Administrative expenses (9,183)
Operating profit 4,244 
Profit/(Loss) on ordinary activities before taxation 4,244 
Tax on profit on ordinary activities (806)
Profit/(Loss) for the financial period 3,438 
 
4
 
 
Notes
 
2023
£
Current assets    
Cash at bank and in hand 864 
Creditors: amount falling due within one year 3 (806)
Net current assets 58 
 
Total assets less current liabilities 58 
Accruals and deferred income (550)
Net liabilities (492)
 

Capital and reserves
   
Called up share capital 4 100 
Profit and loss account (592)
Shareholder's funds (492)
 


For the period ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 04 March 2024 and were signed by:


-------------------------------
Awaiz YOUSUF ZAI
Director
5
  Equity share capital   Revaluation reserve   Capital redemption reserve   Retained Earnings   Total
£ £ £ £ £
At 07 June 2022
Profit for the period 3,438  3,438 
Total comprehensive income for the period 3,438  3,438 
Dividends (4,030) (4,030)
Shares issued 100  100 
Total investments by and distributions to owners 100  (4,030) (3,930)
At 30 June 2023 100  (592) (492)
6
General Information
Zai Autos Ltd is a private company, limited by shares, registered in , registration number 14155814, registration address 24 Clifford Avenue, Beeston, Nottingham, NG9 2QN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
2.

Average number of employees

Average number of employees during the period was 1.
3.

Creditors: amount falling due within one year

2023
£
Corporation Tax 806 
806 

4.

Share Capital

Allotted, called up and fully paid
2023
£
100 Class A shares of £1.00 each 100 
100 

7