Company Registration No. 11410267 (England and Wales)
ZEEZ INVESTMENT LTD
Unaudited accounts
for the year ended 31 May 2023
ZEEZ INVESTMENT LTD
Unaudited accounts
Contents
ZEEZ INVESTMENT LTD
Company Information
for the year ended 31 May 2023
Director
Farhana Hidaya Abdul Azeez
Company Number
11410267 (England and Wales)
Registered Office
20 Grove Lane
Ipswich
Suffolk
IP4 1NR
England
ZEEZ INVESTMENT LTD
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
(7)
(7)
Creditors: amounts falling due within one year
(19,358)
(18,384)
Net current assets
14,630
3,044
Total assets less current liabilities
14,630
3,044
Creditors: amounts falling due after more than one year
(33,026)
(33,026)
Net liabilities
(18,396)
(29,982)
Called up share capital
100
100
Profit and loss account
(18,496)
(30,082)
Shareholders' funds
(18,396)
(29,982)
For the year ending 31 May 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 her 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 April 2024 and were signed on its behalf by
Farhana Hidaya Abdul Azeez
Director
Company Registration No. 11410267
ZEEZ INVESTMENT LTD
Notes to the Accounts
for the year ended 31 May 2023
ZEEZ INVESTMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 11410267. The registered office is 20 Grove Lane, Ipswich, Suffolk, IP4 1NR, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company obtained a Bounce Back Loan from its bankers, Lloyds Bank Plc, of £49,000 in the period. The loan is supported by a Government guarantee of up to 80% of the loan and the first year's interest is also met by the Government. This interest is recorded in the profit and loss in the period that it is payable.
At the balance sheet date the company had net liabilities of £18,396 (2022: £29,982). The director believes that the company, with his continued support has adequate resources to continue to operate. The director considers it appropriate to continue using going concern basis in the preparation of the financial statements. The financial statements do not include any adjustments that would result if support from the director was not continued
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
33,995
19,610
ZEEZ INVESTMENT LTD
Notes to the Accounts
for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,800
9,800
Taxes and social security
4,756
4,509
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).