REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2023 |
for |
ZOL DEVELOPMENTS LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2023 |
for |
ZOL DEVELOPMENTS LIMITED |
ZOL DEVELOPMENTS LIMITED (Registered number: 13349026) |
Contents of the Financial Statements |
for the Year Ended 30 April 2023 |
Page |
Balance Sheet | 1 |
ZOL DEVELOPMENTS LIMITED (Registered number: 13349026) |
Balance Sheet |
30 April 2023 |
30.4.23 | 30.4.22 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES | ( |
) | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
ZOL DEVELOPMENTS LIMITED is a |
Registered number: |
Registered office: |
ZOL DEVELOPMENTS LIMITED (Registered number: 13349026) |
Balance Sheet - continued |
30 April 2023 |
NOTES TO THE FINANCIAL STATEMENTS |
2. | GOING CONCERN |
The financial statements have been prepared on a going concern basis, notwithstanding the fact that there is a net current deficit of £1,039,994 on the balance sheet. The Directors, having made appropriate enquiries, are satisfied that the company will receive continued support from the company's ultimate shareholders and the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements.The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern. |
SECURED DEBTS |
Paragon Bank Plc have a charge by way of a negative pledge on the property situated at Apt 273, Carrara Tower, I Bollinder Place, London, EC1V 2AG |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As at the balance sheet date the company owed £1,013,787 (2022: £1,063,787) to one of its director. |
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. |
ZOL DEVELOPMENTS LIMITED (Registered number: 13349026) |
Balance Sheet - continued |
30 April 2023 |
The financial statements were authorised for issue by the Board of Directors and authorised for issue on |