Registered Number:05893656 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
ZMusa Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
ZMusa Limited
Statement of Financial Position
2022
2023
65,000
65,000
2
Property, plant and equipment |
5,630
6,256
3
750
750
4
71,380
72,006
594
432
5
Trade and other receivables |
45,000
62,500
6
5,917
Cash and cash equivalents |
2,106
65,038
51,511
Trade and other payables: amounts falling due within one |
year |
(3,272)
(5,006)
7
48,239
60,032
Net current assets
Total assets less current liabilities |
131,412
120,245
131,412
Net assets
120,245
1,000
1,000
130,412
119,245
131,412
120,245
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Zakir Abdullah Musa Director |
These financial statements were approved and authorised for issue by the Board on 28 July 2024 and were signed by: |
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For the year ended 31 October 2023
ZMusa Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 October 2023
ZMusa Limited
Notes to the Financial Statements
Statutory Information
ZMusa Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
05893656. |
Principal place of business: |
12 Thorncliffe Road
Bolton
Lancashire
BL1 7ER
12 Thorncliffe Road
Bolton
Lancashire
BL1 7ER
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 October 2023
ZMusa Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
65,000
65,000
65,000
65,000
3. Property, plant and equipment |
24,515
24,515
Provision for depreciation and impairment |
18,259
Charge for year
626
18,885
5,630
6,256
4. Investments held as fixed assets |
750
750
750
750
750
750
750
750
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For the year ended 31 October 2023
ZMusa Limited
Notes to the Financial Statements Continued
2022
2023
432
594
6. Trade and other receivables |
2022
2023
62,500
45,000
The debtors above include the following amounts falling due after more than one year: |
62,500
45,000
7. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
3,602
814
1,404
2,458
5,006
3,272
8. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 2)
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