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Company Registration No. 10124885 (England and Wales)
ZMS Group Ltd Filleted accounts for the year ended 30 April 2023
ZMS Group Ltd Filleted accounts Contents
Page
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ZMS Group Ltd Company Information for the year ended 30 April 2023
Director
Iqbal Shariff
Company Number
10124885 (England and Wales)
Registered Office
17 Phoenix Square Workspaces 4 Midland Street Leicester LE1 1TG
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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ZMS Group Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
13,612 
Cash at bank and in hand
26,378 
12,455 
26,378 
26,067 
Creditors: amounts falling due within one year
(33,709)
(33,278)
Net current liabilities
(7,331)
(7,211)
Net liabilities
(7,331)
(7,211)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(7,332)
(7,212)
Shareholders' funds
(7,331)
(7,211)
For the year ending 30 April 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 his 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 21 March 2024 and were signed on its behalf by
Iqbal Shariff Director Company Registration No. 10124885
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ZMS Group Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
ZMS Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 10124885. The registered office is 17 Phoenix Square Workspaces, 4 Midland Street, Leicester, LE1 1TG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,014 
Amounts falling due after more than one year
Other debtors
- 
11,598 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
508 
652 
Loans from directors
32,729 
32,118 
Accruals
472 
508 
33,709 
33,278 
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ZMS Group Ltd Notes to the Accounts for the year ended 30 April 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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