Company Registration No. 13914244 (England and Wales)
ZnZ Investments Limited
Unaudited accounts
for the year ended 30 September 2023
ZnZ Investments Limited
Unaudited accounts
Contents
ZnZ Investments Limited
Company Information
for the year ended 30 September 2023
Directors
Zahid Arif
Zetunnisha Arif
Company Number
13914244 (England and Wales)
Registered Office
68 St. Edwards Chase
Fulwood
Preston
PR2 3BF
ENGLAND
Accountants
The Tax Farm
Hare House
732 Whittingham Lane
Preston
PR3 2JJ
ZnZ Investments Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
28
-
Creditors: amounts falling due within one year
(4,083)
-
Net current (liabilities)/assets
(2,437)
100
Total assets less current liabilities
247,563
100
Creditors: amounts falling due after more than one year
(245,506)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
437
-
Shareholders' funds
537
100
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by
Zahid Arif
Director
Company Registration No. 13914244
ZnZ Investments Limited
Notes to the Accounts
for the year ended 30 September 2023
ZnZ Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13914244. The registered office is 68 St. Edwards Chase, Fulwood, Preston, PR2 3BF, 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.
These financial statements for the year ended 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investments
Other investments
Valuation at 1 October 2022
-
Fair value adjustments
6,081
Valuation at 30 September 2023
250,000
ZnZ Investments Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Accrued income and prepayments
318
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,691
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
99,914
-
8
Deferred taxation
2023
2022
Revaluation of investment property
1,520
-
Charged to the profit and loss account
1,520
-
Provision at end of year
1,520
-
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).