REGISTERED NUMBER: |
ZEV PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
REGISTERED NUMBER: |
ZEV PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
ZEV PROPERTIES LIMITED (REGISTERED NUMBER: 09555074) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ZEV PROPERTIES LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
2nd Floor, One Hobbs House, |
Harrovian Business Village |
Bessborough Road |
Harrow |
Middlesex |
HA1 3EX |
ZEV PROPERTIES LIMITED (REGISTERED NUMBER: 09555074) |
BALANCE SHEET |
30 APRIL 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
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 were approved by the director and authorised for issue on |
ZEV PROPERTIES LIMITED (REGISTERED NUMBER: 09555074) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
Zev Properties Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by associates |
Other debtors |
ZEV PROPERTIES LIMITED (REGISTERED NUMBER: 09555074) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to associates | 10,150 | 6,660 |
Taxation and social security |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary A | 1 | 51 | 51 |
Ordinary B | 1 | 49 | 49 |
100 | 100 |
The Ordinary A and Ordinary B Shares rank Pari-Passu. |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 May 2023 |
Profit for the year |
At 30 April 2024 |
ZEV PROPERTIES LIMITED (REGISTERED NUMBER: 09555074) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2024 |
9. | RELATED PARTY DISCLOSURES |
At the year-end date, included within other debtors is an amount of £32,150 (2023: £32,150) owed from Glass Brick Homes Limited.The director is a shareholder in this company. |
At the year-end date, included within other debtors is an amount of £31,055 (2023: £26,200) owed from Golding Street Limited. The director is a shareholder in this company. |
At the year-end date, included within other debtors is an amount of £NIL (2023: £1,000) owed from Riverside N11 Limited. The director is a shareholder in this company. |
At the year-end date, included within other debtors is an amount of £46,150 (2023: £31,520) owed from Buckingham West Limited. The director is a shareholder in this company. |
At the year-end date, included within other debtors is an amount of £132,800 (2023: £134,300) owed from Elmsrose Limited. The director is a shareholder in this company. |
At the year-end date, included within other debtors is an amount of £77,193 (2023: £75,656) owed from E Ten Properties Limited. The director is a shareholder in this company. |
These amounts are unsecured, interest free and repayable on demand. |
At the year-end date, included within other creditors, is an amount of £7,808 (2023: £6,660) owed to Raycourt Properties Limited. The director is a shareholder in this company. |
At the year-end date, included within other creditors, is an amount of £2,342 (2023: -£2,050) owed to Priory Studio Limited. The director is a shareholder in this company. |
At the year end date, included in other creditors is an amount of £56,328 (2023: £64,724) owed to the director U L Patel. |
These amounts are unsecured, interest free and payable on demand. |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is U L Patel. |