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REGISTERED NUMBER: 13016189 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 NOVEMBER 2023

FOR

Z VEST LIMITED

Z VEST LIMITED (REGISTERED NUMBER: 13016189)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Z VEST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







Director: A J Zoldan





Registered office: 41 Corringham Road
London
NW11 7BS





Registered number: 13016189 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

Z VEST LIMITED (REGISTERED NUMBER: 13016189)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,519 9,701
Investment property 5 608,000 601,000
617,519 610,701

CURRENT ASSETS
Debtors 6 3,500 -
Cash at bank 23,221 14,744
26,721 14,744
CREDITORS
Amounts falling due within one year 7 146,605 146,276
NET CURRENT LIABILITIES (119,884 ) (131,532 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

497,635

479,169

PROVISIONS FOR LIABILITIES 1,808 -
NET ASSETS 495,827 479,169

CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 8 17,391 10,391
Retained earnings 8 478,426 468,768
495,827 479,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Z VEST LIMITED (REGISTERED NUMBER: 13016189)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2024 and were signed by:





A J Zoldan - Director


Z VEST LIMITED (REGISTERED NUMBER: 13016189)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Z Vest Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised 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 recognised 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Z VEST LIMITED (REGISTERED NUMBER: 13016189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
& Fittings
£   
Cost
At 1 December 2022 13,427
Additions 1,434
At 30 November 2023 14,861
Depreciation
At 1 December 2022 3,726
Charge for year 1,616
At 30 November 2023 5,342
Net book value
At 30 November 2023 9,519
At 30 November 2022 9,701

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 December 2022 601,000
Revaluations 7,000
At 30 November 2023 608,000
Net book value
At 30 November 2023 608,000
At 30 November 2022 601,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 7,000
Cost 601,000
608,000

Z VEST LIMITED (REGISTERED NUMBER: 13016189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,500 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,699 1,182
Other creditors 143,906 145,094
146,605 146,276

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 December 2022 468,768 10,391 479,159
Profit for the year 9,658 9,658
Fair value reserve - 7,000 7,000
At 30 November 2023 478,426 17,391 495,817