Company Registration No. 07254329 (England and Wales)
ZEALAND INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 March 2024
ZEALAND INVESTMENTS LIMITED
Unaudited accounts
Contents
ZEALAND INVESTMENTS LIMITED
Company Information
for the year ended 31 March 2024
Directors
William Graham
Susan Graham
Company Number
07254329 (England and Wales)
Registered Office
LAMBOURNE
PIPERS END
LETTY GREEN
HERTFORDSHIRE
SG14 2PB
Accountants
Zoe Collins
44 Guessens Road
Welwyn Garden City
Hertfordshire
AL8 6RH
ZEALAND INVESTMENTS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
2,386
3,182
Investment property
845,184
845,184
Investments
401,455
385,575
Cash at bank and in hand
18,718
76,584
Creditors: amounts falling due within one year
(1,318,544)
(1,484,228)
Net current liabilities
(709,974)
(817,792)
Total assets less current liabilities
539,051
416,149
Creditors: amounts falling due after more than one year
(12,960)
(12,960)
Net assets
526,091
403,189
Called up share capital
100
100
Profit and loss account
525,991
403,089
Shareholders' funds
526,091
403,189
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 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 2 December 2024 and were signed on its behalf by
William Graham
Director
Company Registration No. 07254329
ZEALAND INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ZEALAND INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07254329. The registered office is LAMBOURNE, PIPERS END, LETTY GREEN, HERTFORDSHIRE, SG14 2PB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
100% in year of purchase - to align to AIA
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
13,455
1,913
15,368
At 31 March 2024
13,455
1,913
15,368
At 1 April 2023
10,273
1,913
12,186
Charge for the year
796
-
796
At 31 March 2024
11,069
1,913
12,982
At 31 March 2024
2,386
-
2,386
At 31 March 2023
3,182
-
3,182
Fair value at 1 April 2023
845,184
ZEALAND INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Investments
Other investments
Valuation at 1 April 2023
385,575
Valuation at 31 March 2024
401,455
Additional £385,000 held in SEI Investment Europe in the name of Zealand during the year. This investment yielded £486 interest income
Amounts falling due after more than one year
Other debtors
589,852
589,852
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,952
9,636
Loans from directors
1,305,977
1,473,977
9
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
12,960
12,960
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).