Company Registration No. 10936551 (England and Wales)
Zeal Tax (Newport) Limited
Unaudited accounts
for the year ended 31 October 2023
Zeal Tax (Newport) Limited
Unaudited accounts
Contents
Zeal Tax (Newport) Limited
Company Information
for the year ended 31 October 2023
Directors
Matt Jeffery
Claire Jeffery
Company Number
10936551 (England and Wales)
Registered Office
22 Chepstow Road
United Kingdom (+44)
NP19 8EA
Accountants
Zeal Tax
22 Chepstow Road
Newport
NP19 8EA
Zeal Tax (Newport) Limited
Statement of financial position
as at 31 October 2023
Intangible assets
24,000
24,000
Tangible assets
65,219
150,702
Cash at bank and in hand
425,133
445,277
Creditors: amounts falling due within one year
(422,655)
(341,445)
Net current assets
783,386
631,011
Total assets less current liabilities
872,605
805,713
Creditors: amounts falling due after more than one year
(72,359)
(67,582)
Net assets
800,246
738,131
Called up share capital
(100)
(100)
Profit and loss account
800,346
738,231
Shareholders' funds
800,246
738,131
For the year ending 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 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 30 July 2024 and were signed on its behalf by
Matt Jeffery
Director
Company Registration No. 10936551
Zeal Tax (Newport) Limited
Notes to the Accounts
for the year ended 31 October 2023
Zeal Tax (Newport) Limited is a private company, limited by shares, registered in England and Wales, registration number 10936551. The registered office is 22 Chepstow Road, United Kingdom (+44), NP19 8EA.
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.
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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Other
Zeal Tax (Newport) Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
61,013
97,975
158,988
Disposals
-
(97,975)
(97,975)
At 31 October 2023
73,505
-
73,505
At 1 November 2022
8,286
-
8,286
At 31 October 2023
8,286
-
8,286
At 31 October 2023
65,219
-
65,219
At 31 October 2022
52,727
97,975
150,702
Amounts falling due within one year
Trade debtors
231,304
152,060
Amounts due from group undertakings etc.
25,108
25,108
Accrued income and prepayments
2,025
1,805
Other debtors
13,000
13,930
Amounts falling due after more than one year
Amounts due from group undertakings etc.
368,920
234,690
Other debtors
140,551
99,586
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
92,751
Trade creditors
51,600
82,251
Amounts owed to group undertakings and other participating interests
-
(48,494)
Taxes and social security
20,974
(25,037)
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
(20,393)
(20,393)
Zeal Tax (Newport) Limited
Notes to the Accounts
for the year ended 31 October 2023
9
Average number of employees
During the year the average number of employees was 18 (2022: 18).