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Company Registration No. 12655941 (England and Wales)
Zero Procure Limited Unaudited accounts for the year ended 30 June 2024
Zero Procure Limited Unaudited accounts Contents
Page
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Zero Procure Limited Company Information for the year ended 30 June 2024
Directors
Lucy Flinter Clive George Sheppard Kazumi Sheppard John Stevenson Katrina Stevenson
Company Number
12655941 (England and Wales)
Registered Office
Congress House 14 Lyon Road Harrow Middlesex HA1 2EN United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Zero Procure Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,631 
3,968 
Current assets
Debtors
202,858 
47,696 
Cash at bank and in hand
71,985 
96,332 
274,843 
144,028 
Creditors: amounts falling due within one year
(258,355)
(100,934)
Net current assets
16,488 
43,094 
Net assets
22,119 
47,062 
Capital and reserves
Called up share capital
1,221 
1,221 
Profit and loss account
20,898 
45,841 
Shareholders' funds
22,119 
47,062 
For the year ending 30 June 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 5 October 2024 and were signed on its behalf by
John Stevenson Director Company Registration No. 12655941
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Zero Procure Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Zero Procure Limited is a private company, limited by shares, registered in England and Wales, registration number 12655941. The registered office is Congress House, 14 Lyon Road, Harrow, Middlesex, HA1 2EN, United Kingdom.
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.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
20% Reducing Balance
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.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
1,161 
4,232 
5,393 
Additions
- 
3,540 
3,540 
At 30 June 2024
1,161 
7,772 
8,933 
Depreciation
At 1 July 2023
290 
1,135 
1,425 
Charge for the year
218 
1,659 
1,877 
At 30 June 2024
508 
2,794 
3,302 
Net book value
At 30 June 2024
653 
4,978 
5,631 
At 30 June 2023
871 
3,097 
3,968 
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Zero Procure Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
65,944 
47,696 
Other debtors
136,914 
- 
202,858 
47,696 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
3,198 
VAT
19,240 
11,743 
Trade creditors
- 
1,308 
Taxes and social security
29,693 
40,310 
Loans from directors
70,000 
41,375 
Accruals
139,422 
3,000 
258,355 
100,934 
7
Transactions with related parties
Included within other debtors is an amount of £136,914 (2023: Nil) due from the directors. This will be repaid after the year end. Included within creditors is a loan from a director of £70,000 (2023: £41,375). Interest is being charged at 10% p.a.
8
Average number of employees
During the year the average number of employees was 7 (2023: 6).
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