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REGISTERED NUMBER: 14657907 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024

FOR

ZENITH FINANCE LTD

ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ZENITH FINANCE LTD

COMPANY INFORMATION
FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024







DIRECTORS: L D Cox
B D Jordan
S J Sands
A P Wigginton





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 14657907 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,176

CURRENT ASSETS
Debtors 5 9,567
Cash at bank 25,187
34,754
CREDITORS
Amounts falling due within one year 6 90,204
NET CURRENT LIABILITIES (55,450 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(53,274

)

PROVISIONS FOR LIABILITIES 7 413
NET LIABILITIES (53,687 )

CAPITAL AND RESERVES
Called up share capital 8 3
Retained earnings (53,690 )
SHAREHOLDERS' FUNDS (53,687 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)

BALANCE SHEET - continued
31 MARCH 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 4 November 2024 and were signed on its behalf by:




A P Wigginton - Director



B D Jordan - Director


ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Zenith Finance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover 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.

Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Going concern policy
These financial statements have been prepared on the going concern basis on the understanding that the directors and shareholders will continue to be able to financially support the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. TANGIBLE FIXED ASSETS
Computer
equipmen
£   
COST
Additions 3,264
At 31 March 2024 3,264
DEPRECIATION
Charge for period 1,088
At 31 March 2024 1,088
NET BOOK VALUE
At 31 March 2024 2,176

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 8,197
Amounts owed by group undertakings 690
Other debtors 680
9,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to participating interests 82,195
Taxation and social security 4,090
Other creditors 3,919
90,204

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 413

ZENITH FINANCE LTD (REGISTERED NUMBER: 14657907)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 FEBRUARY 2023 TO 31 MARCH 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Accelerated capital allowances 413
Balance at 31 March 2024 413

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary A £0.01 2
133 Ordinary B £0.01 1
3

9. RELATED PARTY DISCLOSURES

The company maintains an interest free loan with Atlantic Group International Limited. At the balance sheet date, the company owed Atlantic Group International Limited £76,208. These parties are related by virtue of Zenith Finance Limited being an associate of Atlantic Group International Limited.

The directors maintain interest free loan accounts with the company. At the balance sheet
date, the company owed the directors £622.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party