ZENITH PARKING LIMITED

Company Registration Number:
10401732 (England and Wales)

Unaudited abridged accounts for the year ended 26 September 2023

Period of accounts

Start date: 01 October 2022

End date: 26 September 2023

ZENITH PARKING LIMITED

Contents of the Financial Statements

for the Period Ended 26 September 2023

Balance sheet
Notes

ZENITH PARKING LIMITED

Balance sheet

As at 26 September 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 5,000 0
Tangible assets: 4 14,758 250
Investments: 5 160,000 1,000
Total fixed assets: 179,758 1,250
Current assets
Stocks: 9,700 301
Debtors:   4,369 600
Cash at bank and in hand: 44,589 1,349
Investments:   39,500 2,851
Total current assets: 98,158 5,101
Creditors: amounts falling due within one year:   (23,000) (4,492)
Net current assets (liabilities): 75,158 609
Total assets less current liabilities: 254,916 1,859
Total net assets (liabilities): 254,916 1,859
Capital and reserves
Called up share capital: 100 100
Other reserves: 53,258
Profit and loss account: 201,558 1,759
Shareholders funds: 254,916 1,859

The notes form part of these financial statements

ZENITH PARKING LIMITED

Balance sheet statements

For the year ending 26 September 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2023
and signed on behalf of the board by:

Name: Alfred Moore
Status: Director

The notes form part of these financial statements

ZENITH PARKING LIMITED

Notes to the Financial Statements

for the Period Ended 26 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Machinery & Equipment (15% on reducing balance)Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.

Other accounting policies

Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognized only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ZENITH PARKING LIMITED

Notes to the Financial Statements

for the Period Ended 26 September 2023

2. Employees

2023 2022
Average number of employees during the period 5 3

ZENITH PARKING LIMITED

Notes to the Financial Statements

for the Period Ended 26 September 2023

3. Intangible Assets

Total
Cost £
At 01 October 2022 0
Additions 5,000
At 26 September 2023 5,000
Amortisation
At 01 October 2022 0
At 26 September 2023 0
Net book value
At 26 September 2023 5,000
At 30 September 2022 0

ZENITH PARKING LIMITED

Notes to the Financial Statements

for the Period Ended 26 September 2023

4. Tangible Assets

Total
Cost £
At 01 October 2022 250
Additions 15,000
Disposals (492)
At 26 September 2023 14,758
Net book value
At 26 September 2023 14,758
At 30 September 2022 250

ZENITH PARKING LIMITED

Notes to the Financial Statements

for the Period Ended 26 September 2023

5. Fixed investments

Fixed investments of £160,000 are valued based on their historical costs.