ZEE TELECOMS LTD

Company Registration Number:
11100767 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

ZEE TELECOMS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ZEE TELECOMS LTD

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 45,406,646 32,800,663
Cost of sales: ( 40,618,969 ) ( 29,284,051 )
Gross profit(or loss): 4,787,677 3,516,612
Distribution costs: ( 445,721 ) ( 339,290 )
Administrative expenses: ( 1,467,881 ) ( 1,079,964 )
Operating profit(or loss): 2,874,075 2,097,358
Interest payable and similar charges: ( 1,547 )
Profit(or loss) before tax: 2,874,075 2,095,811
Tax: ( 565,074 ) ( 401,245 )
Profit(or loss) for the financial year: 2,309,001 1,694,566

ZEE TELECOMS LTD

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Called up share capital not paid: 1,000 0
Fixed assets
Intangible assets: 3 125,398 88,459
Tangible assets: 4 5,202,601 1,421,570
Investments: 5 12,341
Total fixed assets: 5,340,340 1,510,029
Current assets
Debtors: 6 1,490,295 1,679,180
Cash at bank and in hand: 992,984 986,779
Total current assets: 2,483,279 2,665,959
Prepayments and accrued income: 5,196
Creditors: amounts falling due within one year: 7 ( 97,421 ) ( 1,701,737 )
Net current assets (liabilities): 2,391,054 964,222
Total assets less current liabilities: 7,732,394 2,474,251
Creditors: amounts falling due after more than one year: 8 ( 105,670 ) ( 47,737 )
Provision for liabilities: ( 15,268 )
Total net assets (liabilities): 7,611,456 2,426,514
Capital and reserves
Called up share capital: 3,692,889 100,649
Profit and loss account: 3,918,567 2,325,865
Total Shareholders' funds: 7,611,456 2,426,514

The notes form part of these financial statements

ZEE TELECOMS LTD

Balance sheet statements

For the year ending 30 June 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.

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

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: Shakila Khan
Status: Director

The notes form part of these financial statements

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is Recognised When it is Probable that Its Economic Benefits associated with tranactions will flow to company and the amount of revenue and associated cost can reliably measured.

    Tangible fixed assets depreciation policy

    Assets Depreciated at 15% Straight line Method.

    Other accounting policies

    These financial statements have been prepared in accordance with the provisions of Section l A (Small Entities) of Financial Reporting Standards 102

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 12 10

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 88,459 0 88,459
Additions 36,939 0 36,939
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 June 2023 125,398 0 125,398
Amortisation
At 1 July 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 June 2023 0 0 0
Net book value
At 30 June 2023 125,398 0 125,398
At 30 June 2022 88,459 0 88,459

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 615,933 468,581 36,208 125,988 174,860 1,421,570
Additions 3,488,085 145,623 123,678 23,645 0 3,781,031
Disposals
Revaluations
Transfers
At 30 June 2023 4,104,018 614,204 159,886 149,633 174,860 5,202,601
Depreciation
At 1 July 2022
Charge for year
On disposals
Other adjustments
At 30 June 2023
Net book value
At 30 June 2023 4,104,018 614,204 159,886 149,633 174,860 5,202,601
At 30 June 2022 615,933 468,581 36,208 125,988 174,860 1,421,570

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed assets investments note

Computers, Scanners, Printers, Mobiles, Furniture, Fans, Heater, Air Conditioner, Car, Soft Switches.

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Debtors

2023 2022
£ £
Trade debtors 1,490,295 1,679,180
Total 1,490,295 1,679,180

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 97,421 1,701,737
Total 97,421 1,701,737

ZEE TELECOMS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 105,670 47,737
Total 105,670 47,737