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Company Registration No. 07454086 (England and Wales)
Zenith (Bolton) Ltd Filleted accounts for the year ended 31 March 2024
Zenith (Bolton) Ltd Filleted accounts Contents
Page
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Zenith (Bolton) Ltd Company Information for the year ended 31 March 2024
Directors
Mrs Arefa Ravat Dr Irfan Akbar Ravat Mrs Anna Ray Dr Mark Stuart Ray
Company Number
07454086 (England and Wales)
Registered Office
Hawthorne House 17a Hawthorne Drive Leicester LE5 6DL
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Zenith (Bolton) Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,169,092 
2,252,873 
Current assets
Cash at bank and in hand
58,720 
100,589 
Creditors: amounts falling due within one year
(86,719)
(90,911)
Net current (liabilities)/assets
(27,999)
9,678 
Total assets less current liabilities
2,141,093 
2,262,551 
Creditors: amounts falling due after more than one year
(1,776,760)
(1,776,760)
Net assets
364,333 
485,791 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
364,133 
485,591 
Shareholders' funds
364,333 
485,791 
For the year ending 31 March 2024 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 16 September 2024 and were signed on its behalf by
Dr Irfan Akbar Ravat Director Company Registration No. 07454086
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Zenith (Bolton) Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Zenith (Bolton) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07454086. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
Property 2% reducing balance; Integrals 10% reducing balance
Fixtures & fittings
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Zenith (Bolton) Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
2,754,612 
333,639 
3,088,251 
At 31 March 2024
2,754,612 
333,639 
3,088,251 
Depreciation
At 1 April 2023
573,825 
261,553 
835,378 
Charge for the year
65,759 
18,022 
83,781 
At 31 March 2024
639,584 
279,575 
919,159 
Net book value
At 31 March 2024
2,115,028 
54,064 
2,169,092 
At 31 March 2023
2,180,787 
72,086 
2,252,873 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
21,159 
25,376 
Other creditors
9,799 
9,799 
Accruals
761 
736 
Deferred income
55,000 
55,000 
86,719 
90,911 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,776,760 
1,776,760 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary Shares of £1 each
50 
50 
50 B Ordinary Shares of £1 each
50 
50 
46 C Ordinary Shares of £1 each
46 
46 
50 D Ordinary Shares of £1 each
50 
50 
4 E Ordinary Shares of £1 each
4 
4 
200 
200 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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