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REGISTERED NUMBER: 04383575 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

ZUSSMAN BEAR PARTNERSHIP LTD

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


ZUSSMAN BEAR PARTNERSHIP LTD

COMPANY INFORMATION
for the Year Ended 29 FEBRUARY 2024







DIRECTOR: P. Zussman



SECRETARY: S Searle



REGISTERED OFFICE: 395, St. Margarets Road,
Isleworth,
Middlesex
TW7 7 BZ



REGISTERED NUMBER: 04383575 (England and Wales)



ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: National Westminster Bank PLC

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

REPORT OF THE DIRECTOR
for the Year Ended 29 FEBRUARY 2024

The director presents his report with the financial statements of the company for the year ended 29 February 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Structural Engineering Consultants.

DIVIDENDS
No interim dividend was paid during the year. The director recommends a final dividend of £10 per share.

The total distribution of dividends for the year ended 29 February 2024 will be £ 3,000 .

DIRECTOR
P. Zussman held office during the whole of the period from 1 March 2023 to the date of this report.

ON BEHALF OF THE BOARD:





S Searle - Secretary


21 November 2024

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

INCOME STATEMENT
for the Year Ended 29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £   

TURNOVER 39,956 65,620

Administrative expenses 36,032 43,365
OPERATING PROFIT and
PROFIT BEFORE TAXATION 3,924 22,255

Tax on profit 5 711 4,080
PROFIT FOR THE FINANCIAL YEAR 3,213 18,175

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 4,000 5,000

CURRENT ASSETS
Debtors 8 6,456 744
Cash at bank and in hand 4,478 3,008
10,934 3,752
CREDITORS
Amounts falling due within one year 9 13,788 7,819
NET CURRENT LIABILITIES (2,854 ) (4,067 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,146

933

CAPITAL AND RESERVES
Called up share capital 10 300 300
Retained earnings 11 846 633
SHAREHOLDERS' FUNDS 1,146 933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 21 November 2024 and were signed by:





P. Zussman - Director


ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024

1. STATUTORY INFORMATION

ZUSSMAN BEAR PARTNERSHIP 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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS
29.2.24 28.2.23
£    £   
Wages and salaries 30,240 36,840
Other pension costs 907 970
31,147 37,810

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS - continued

The average number of employees during the year was as follows:
29.2.24 28.2.23

Management 2 2

4. OPERATING PROFIT

The operating profit is stated after charging:

29.2.24 28.2.23
£    £   
Depreciation - owned assets 1,000 1,000

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
29.2.24 28.2.23
£    £   
Current tax:
UK corporation tax 700 4,100
Adjustment in respect of previous year 11 (20 )

Tax on profit 711 4,080

UK corporation tax has been charged at 19% (2023 - 19%).

6. DIVIDENDS
29.2.24 28.2.23
£    £   
Ordinary Shares shares of £1 each
Final 3,000 23,000

ZUSSMAN BEAR PARTNERSHIP LTD (Registered number: 04383575)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 FEBRUARY 2024

7. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 March 2023
and 29 February 2024 29,539
DEPRECIATION
At 1 March 2023 24,539
Charge for year 1,000
At 29 February 2024 25,539
NET BOOK VALUE
At 29 February 2024 4,000
At 28 February 2023 5,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade Debtors 6,456 744

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Corporation Tax 700 4,100
Directors' current accounts 11,408 2,954
Accrued Expenses 1,680 765
13,788 7,819

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
300 Ordinary Shares £1 300 300

11. RESERVES
Retained
earnings
£   

At 1 March 2023 633
Profit for the year 3,213
Dividends (3,000 )
At 29 February 2024 846