Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09509871 Mr Lionel Zetter Mr Lionel Zetter Lionel Zetter true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09509871 2023-03-31 09509871 2024-03-31 09509871 2023-04-01 2024-03-31 09509871 frs-core:CurrentFinancialInstruments 2024-03-31 09509871 frs-core:Non-currentFinancialInstruments 2024-03-31 09509871 frs-core:FurnitureFittings 2024-03-31 09509871 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09509871 frs-core:FurnitureFittings 2023-03-31 09509871 frs-core:PlantMachinery 2024-03-31 09509871 frs-core:PlantMachinery 2023-04-01 2024-03-31 09509871 frs-core:PlantMachinery 2023-03-31 09509871 frs-core:ShareCapital 2024-03-31 09509871 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09509871 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09509871 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09509871 frs-bus:SmallEntities 2023-04-01 2024-03-31 09509871 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09509871 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09509871 1 2023-04-01 2024-03-31 09509871 frs-bus:Director1 2023-04-01 2024-03-31 09509871 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 09509871 frs-countries:EnglandWales 2023-04-01 2024-03-31 09509871 2022-03-31 09509871 2023-03-31 09509871 2022-04-01 2023-03-31 09509871 frs-core:CurrentFinancialInstruments 2023-03-31 09509871 frs-core:Non-currentFinancialInstruments 2023-03-31 09509871 frs-core:ShareCapital 2023-03-31 09509871 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09509871
Zetter's Retail Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
SRL ACCOUNTING LIMITED
Unit 7a Waterside Business Park Waterside
Chesham
HP5 1PE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09509871
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 319 637
319 637
CURRENT ASSETS
Stocks 5 14,240 26,184
Debtors 6 830 55
Cash at bank and in hand 4,622 3,136
19,692 29,375
Creditors: Amounts Falling Due Within One Year 7 (45,848 ) (38,342 )
NET CURRENT ASSETS (LIABILITIES) (26,156 ) (8,967 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,837 ) (8,330 )
Creditors: Amounts Falling Due After More Than One Year 8 (25,900 ) (25,900 )
NET LIABILITIES (51,737 ) (34,230 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (51,837 ) (34,330 )
SHAREHOLDERS' FUNDS (51,737) (34,230)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Lionel Zetter
Director
28 June 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Zetter's Retail Ltd Registered number 09509871 is a limited by shares company incorporated in England & Wales. The Registered Office is 6 Radcliffe Road, Wichmore Hill, London, N21 2SE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Fixtures & Fittings 33.3% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 1,275 10,974 12,249
As at 31 March 2024 1,275 10,974 12,249
Depreciation
As at 1 April 2023 638 10,974 11,612
Provided during the period 318 - 318
As at 31 March 2024 956 10,974 11,930
Net Book Value
As at 31 March 2024 319 - 319
As at 1 April 2023 637 - 637
5. Stocks
2024 2023
£ £
Finished goods 14,240 26,184
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Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 830 55
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,417 5,994
Other taxes and social security 4 4
VAT 2,151 863
Accruals and deferred income 745 600
Director's loan account 5,650 -
Amounts owed to associates 30,881 30,881
45,848 38,342
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to associates 25,900 25,900
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is Lionel Zetter by virtue of his ownership of 100% of the issued share capital in the company.
Page 4