ZAKS CARS DIRECT LTD

Company Registration Number:
12149361 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

ZAKS CARS DIRECT LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

ZAKS CARS DIRECT LTD

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 15,522 17,247
Total fixed assets: 15,522 17,247
Current assets
Stocks: 575,915 480,120
Cash at bank and in hand: 98,936 79,588
Total current assets: 674,851 559,708
Creditors: amounts falling due within one year:   (25,233) (18,233)
Net current assets (liabilities): 649,618 541,475
Total assets less current liabilities: 665,140 558,722
Creditors: amounts falling due after more than one year:   (548,273) (476,255)
Total net assets (liabilities): 116,867 82,467
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 116,866 82,466
Shareholders funds: 116,867 82,467

The notes form part of these financial statements

ZAKS CARS DIRECT LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 April 2024
and signed on behalf of the board by:

Name: MR AMARDEEP SINGH
Status: Director

The notes form part of these financial statements

ZAKS CARS DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ZAKS CARS DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

ZAKS CARS DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 19,935
At 31 August 2023 19,935
Depreciation
At 01 September 2022 2,688
Charge for year 1,725
At 31 August 2023 4,413
Net book value
At 31 August 2023 15,522
At 31 August 2022 17,247