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REGISTERED NUMBER: 05026841 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ZEAL ENTERPRISES LIMITED

ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ZEAL ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: N R Soper
Ms E De Witte





REGISTERED OFFICE: 18 Springvale Avenue
Brentford
London
TW8 9QH





REGISTERED NUMBER: 05026841 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 30,183 30,610
Investments 5 2 2
30,185 30,612

CURRENT ASSETS
Inventories - 697
Debtors 6 873 5,851
Cash at bank 1,385 386
2,258 6,934
CREDITORS
Amounts falling due within one year 7 821 9,873
NET CURRENT ASSETS/(LIABILITIES) 1,437 (2,939 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,622

27,673

CREDITORS
Amounts falling due after more than one
year

8

(26,085

)

(4,085

)

PROVISIONS FOR LIABILITIES 10 (320 ) (324 )
NET ASSETS 5,217 23,264

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,216 23,263
SHAREHOLDERS' FUNDS 5,217 23,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)

BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2024 and were signed on its behalf by:




Ms E De Witte - Director



N R Soper - Director


ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Zeal Enterprises Limited is a private company,limited by shares, registered in England and Wales.The company 's registered number is 05026841 and registered office address is 18 Springvale Avenue, Brentford, London, TW8 9QH.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern
The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.

Revenue recognition
Amounts due under contracts-not yet invoiced (work in progress) are valued at the recoverable standard value of time charged by all personnel engaged in the provision of services. Revenue is recognised as the contracts progress to reflect the partial performance of the contractual obligation. The amount of revenue recognised reflects the accrual of the right for consideration as contract activity progresses by reference to the value of work performed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 28,905 2,933 31,838
DEPRECIATION
At 1 February 2023 - 1,228 1,228
Charge for year - 427 427
At 31 January 2024 - 1,655 1,655
NET BOOK VALUE
At 31 January 2024 28,905 1,278 30,183
At 31 January 2023 28,905 1,705 30,610

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023
and 31 January 2024 2
NET BOOK VALUE
At 31 January 2024 2
At 31 January 2023 2

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Amts owed to/from connected entities 873 5,851

Interest on the other debtors was charged at the official HM Revenue & Customs rates.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors (1 ) -
Tax - 719
Directors' current accounts 697 9,029
Accrued expenses 125 125
821 9,873

ZEAL ENTERPRISES LIMITED (REGISTERED NUMBER: 05026841)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Directors' loan accounts 26,085 4,085

9. DIRECTORS' LOAN ACCOUNT

Included in Creditors - amounts falling due after more than one year is a loan of £26,085 (2023-£4,085) due to the Directors. This loan is recognised at transaction price. The directors' loan is not due until after more than 1 year and is interest free.

10. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax
Accelerated capital allowances 320 324

Deferred
tax
£   
Balance at 1 February 2023 324
Credit to Income Statement during year (4 )
Balance at 31 January 2024 320

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ZEAL ENTERPRISES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Zeal Enterprises Limited for the year ended 31 January 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Zeal Enterprises Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Zeal Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Zeal Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zeal Enterprises Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Zeal Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Zeal Enterprises Limited. You consider that Zeal Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Zeal Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


7 October 2024