STEP ZELLA LTD

Company Registration Number:
13804032 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

STEP ZELLA LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

STEP ZELLA LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 13 months to 31 December 2022


£

£
Turnover: 1,768,239 1,116,321
Cost of sales: ( 827,492 ) ( 558,392 )
Gross profit(or loss): 940,747 557,929
Distribution costs: ( 39,828 ) ( 27,638 )
Administrative expenses: ( 182,390 ) ( 134,736 )
Other operating income: 44,372 39,848
Operating profit(or loss): 762,901 435,403
Profit(or loss) before tax: 762,901 435,403
Tax: ( 128,652 ) ( 84,757 )
Profit(or loss) for the financial year: 634,249 350,646

STEP ZELLA LTD

Balance sheet

As at 31 December 2023

Notes 2023 13 months to 31 December 2022


£

£
Called up share capital not paid: 10,000 10,000
Fixed assets
Intangible assets: 3 18,827 27,638
Tangible assets: 4 846,937 382,932
Investments: 5 1,387,932 754,913
Total fixed assets: 2,253,696 1,165,483
Current assets
Stocks: 6 126,421 81,593
Debtors: 7 28,946 32,784
Cash at bank and in hand: 186,713 163,851
Investments: 8 815,000 478,317
Total current assets: 1,157,080 756,545
Creditors: amounts falling due within one year: 9 ( 8,479 ) ( 2,469 )
Net current assets (liabilities): 1,148,601 754,076
Total assets less current liabilities: 3,412,297 1,929,559
Creditors: amounts falling due after more than one year: 10 ( 39,247 ) ( 33,278 )
Provision for liabilities: ( 575,000 ) ( 2,381 )
Total net assets (liabilities): 2,798,050 1,893,900
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 1,201,099 470,741
Other reserves: 658,192 496,388
Profit and loss account: 928,759 916,771
Total Shareholders' funds: 2,798,050 1,893,900

The notes form part of these financial statements

STEP ZELLA LTD

Balance sheet statements

For the year ending 31 December 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 11 September 2024
and signed on behalf of the board by:

Name: Haseeb Ahmad
Status: Director

The notes form part of these financial statements

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 13 months to 31 December 2022
    Average number of employees during the period 14 9

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 27,638 27,638
Additions
Disposals ( 8,811 ) ( 8,811 )
Revaluations
Transfers
At 31 December 2023 18,827 18,827
Amortisation
At 1 January 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2023 0 0
Net book value
At 31 December 2023 18,827 18,827
At 31 December 2022 27,638 27,638

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 273,602 27,138 14,392 17,883 49,917 382,932
Additions 395,000 19,530 17,487 15,493 16,495 464,005
Disposals
Revaluations
Transfers
At 31 December 2023 668,602 46,668 31,879 33,376 66,412 846,937
Depreciation
At 1 January 2023
Charge for year
On disposals
Other adjustments
At 31 December 2023
Net book value
At 31 December 2023 668,602 46,668 31,879 33,376 66,412 846,937
At 31 December 2022 273,602 27,138 14,392 17,883 49,917 382,932

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed assets investments note

Fixed Assets Investments currently stand at £2,253,696

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Stocks

2023 13 months to 31 December 2022
£ £
Stocks 126,421 81,593
Total 126,421 81,593

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Debtors

2023 13 months to 31 December 2022
£ £
Trade debtors 28,946 32,784
Total 28,946 32,784

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Current assets investments note

Current Asset's Investments stand at £2,253,696

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

9. Creditors: amounts falling due within one year note

2023 13 months to 31 December 2022
£ £
Amounts due under finance leases and hire purchase contracts 8,479 2,469
Total 8,479 2,469

STEP ZELLA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 13 months to 31 December 2022
£ £
Other creditors 39,247 33,278
Total 39,247 33,278