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REGISTERED NUMBER: 12994756 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

EL ZORRO LTD

EL ZORRO LTD (REGISTERED NUMBER: 12994756)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

EL ZORRO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: M Charquero-Marino





SECRETARY:





REGISTERED OFFICE: 200 Twickenham Road
London
E11 4BH





REGISTERED NUMBER: 12994756 (England and Wales)





ACCOUNTANTS: Elmes & English
Chartered Accountants
Elm House
75a Walkern Road
Stevenage
Hertfordshire
SG1 3RB

EL ZORRO LTD (REGISTERED NUMBER: 12994756)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 186,100 81,963

CURRENT ASSETS
Cash at bank - 21

CREDITORS
Amounts falling due within one year 5 2,697 1,998
NET CURRENT LIABILITIES (2,697 ) (1,977 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

183,403

79,986

CREDITORS
Amounts falling due after more than one
year

6

84,500

84,500
NET ASSETS/(LIABILITIES) 98,903 (4,514 )

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 99,244 (4,893 )
Retained earnings (342 ) 378
98,903 (4,514 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

EL ZORRO LTD (REGISTERED NUMBER: 12994756)

BALANCE SHEET - continued
30 NOVEMBER 2023


The 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.

The financial statements were approved by the director and authorised for issue on 7 March 2024 and were signed by:





M Charquero-Marino - Director


EL ZORRO LTD (REGISTERED NUMBER: 12994756)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

El Zorro Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

EL ZORRO LTD (REGISTERED NUMBER: 12994756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2022
and 30 November 2023 191,777
PROVISIONS
At 1 December 2022 109,814

Revaluation adjustments (104,137 )
At 30 November 2023 5,677
NET BOOK VALUE
At 30 November 2023 186,100
At 30 November 2022 81,963

Cost or valuation at 30 November 2023 is represented by:

Other
investments
£   
Cost 191,777

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,697 1,998

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 84,500 84,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 84,500 84,500

EL ZORRO LTD (REGISTERED NUMBER: 12994756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. RESERVES
Revaluation
reserve
£   
At 1 December 2022 (4,893 )
Profit & Loss brought forward 104,137

At 30 November 2023 99,244

EL ZORRO LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
EL ZORRO LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Elmes & English
Chartered Accountants
Elm House
75a Walkern Road
Stevenage
Hertfordshire
SG1 3RB


7 March 2024