Acorah Software Products - Accounts Production 15.0.500 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07545174 Mr Samuel Odupitan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07545174 2023-02-28 07545174 2024-02-29 07545174 2023-03-01 2024-02-29 07545174 frs-core:Non-currentFinancialInstruments 2024-02-29 07545174 frs-core:ShareCapital 2024-02-29 07545174 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07545174 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07545174 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07545174 frs-bus:SmallEntities 2023-03-01 2024-02-29 07545174 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07545174 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07545174 frs-bus:Director1 2023-03-01 2024-02-29 07545174 frs-countries:EnglandWales 2023-03-01 2024-02-29 07545174 2022-02-28 07545174 2023-02-28 07545174 2022-03-01 2023-02-28 07545174 frs-core:Non-currentFinancialInstruments 2023-02-28 07545174 frs-core:ShareCapital 2023-02-28 07545174 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07545174
Zenith ABS Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Evans & Co Ltd
Certified Accountants
Imperial House
64 Willoughby Lane
London
N17 0SP
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 07545174
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank 805 269
805 269
Creditors: Amounts Falling Due Within One Year (44,207 ) (18,817 )
NET CURRENT ASSETS (LIABILITIES) (43,402 ) (18,548 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,402 ) (18,548 )
Creditors: Amounts Falling Due After More Than One Year (46,706 ) (49,160 )
NET LIABILITIES (90,108 ) (67,708 )
CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and Loss Account (90,109 ) (67,709 )
SHAREHOLDERS' FUNDS (90,108) (67,708)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Samuel Odupitan
Director
1 August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Zenith ABS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07545174 . The registered office is Zenith Abs - Churchill House, 120 Bunns Lane, Mill Hill, London, NW7 2AS.
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2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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5. Related Party Transactions
It is confirmed that the director's loan account is debited with personal transactions and credited with director's remuneration as well as payments made to the company.
The loans are unsecured, interest free and no repayment terms have been agreed.
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