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REGISTERED NUMBER: SC284098 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

A & E Zanre Ltd.

A & E Zanre Ltd. (Registered number: SC284098)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & E Zanre Ltd.

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr A J P Zanre
Mrs E S Zanre





REGISTERED OFFICE: 5 Richmondhill Road
Peterhead
Aberdeenshire
AB42 3GJ





REGISTERED NUMBER: SC284098 (Scotland)





ACCOUNTANTS: SBP
Accountants
Glebefield House
21 Links Terrace
Peterhead
Aberdeenshire
AB42 2XA

A & E Zanre Ltd. (Registered number: SC284098)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34 44
Investment property 5 35,000 -
35,034 44

CURRENT ASSETS
Debtors 6 1,821 5,118
Cash at bank 13,475 10,976
15,296 16,094
CREDITORS
Amounts falling due within one year 7 15,880 15,699
NET CURRENT (LIABILITIES)/ASSETS (584 ) 395
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,450

439

PROVISIONS FOR LIABILITIES 6 8
NET ASSETS 34,444 431

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,344 331
SHAREHOLDERS' FUNDS 34,444 431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

A & E Zanre Ltd. (Registered number: SC284098)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





Mr A J P Zanre - Director


A & E Zanre Ltd. (Registered number: SC284098)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

A & E Zanre Ltd. is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

A & E Zanre Ltd. (Registered number: SC284098)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 242 382 624
DEPRECIATION
At 1 November 2022 198 382 580
Charge for year 10 - 10
At 31 October 2023 208 382 590
NET BOOK VALUE
At 31 October 2023 34 - 34
At 31 October 2022 44 - 44

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 65,000
Disposals (30,000 )
At 31 October 2023 35,000
NET BOOK VALUE
At 31 October 2023 35,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts recoverable on contract 775 -
Other debtors 1,046 5,118
1,821 5,118

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 36 1,960
Taxation and social security 11,117 11,911
Other creditors 4,727 1,828
15,880 15,699

A & E Zanre Ltd. (Registered number: SC284098)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
Mr A J P Zanre
Balance outstanding at start of year 2,674 3,254
Amounts advanced 84,166 25,905
Amounts repaid (89,642 ) (26,485 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,802 ) 2,674