ZENITH GRP LTD Filleted Accounts Cover
ZENITH GRP LTD
Company No. 06885060
Information for Filing with The Registrar
30 April 2024
ZENITH GRP LTD Directors Report Registrar
The Director presents his report and the accounts for the year ended 30 April 2024.
Principal activities
The principal activity of the company during the year under review was recruitment consultants.
Director
The Director who served at any time during the year was as follows:
R. Bennett
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
R. Bennett
Director
22 January 2025
ZENITH GRP LTD Balance Sheet Registrar
at
30 April 2024
Company No.
06885060
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
4,4966,530
Investments
5
25,10025,100
29,59631,630
Current assets
Debtors
337,301602,643
Cash at bank and in hand
225,26444,326
562,565646,969
Creditors: Amount falling due within one year
(467,728)
(521,241)
Net current assets
94,837125,728
Total assets less current liabilities
124,433157,358
Creditors: Amounts falling due after more than one year
(83,375)
(133,368)
Net assets
41,05823,990
Capital and reserves
Called up share capital
120120
Profit and loss account
6
40,93823,870
Total equity
41,05823,990
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
All the members have consented to the preparation of abridged financial statements for the year ended 30 April 2024 in accordance with the Companies Act 2006.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 22 January 2025 and signed on its behalf by:
R. Bennett
Director
22 January 2025
ZENITH GRP LTD Notes to the Accounts Registrar
for the year ended 30 April 2024
1
General information
ZENITH GRP LTD is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 06885060
Its registered office is:
4th Floor
10 Bow Lane
London
EC4M 9AL
The abridged accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006, including the provisions permitting an abridged profit and loss accountant balance sheet to be prepared.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
87
4
Tangible fixed assets
Total
£
Cost or revaluation
At 1 May 2023
24,754
Additions
2,740
Disposals
(4,823)
At 30 April 2024
22,671
Depreciation
At 1 May 2023
18,224
Charge for the year
4,761
Disposals
(4,810)
At 30 April 2024
18,175
Net book values
At 30 April 2024
4,496
At 30 April 2023
6,530
5
Investments
Total
£
Cost or valuation
At 1 May 2023
25,100
At 30 April 2024
25,100
Provisions/Impairment
Net book values
At 30 April 2024
25,100
At 30 April 2023
25,100
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
7
Guarantees and commitments
2024
2023
£
£
Total of guarantees and commitments
3,7502,877
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