IRIS Accounts Production v24.3.0.553 09555074 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095550742023-04-30095550742024-04-30095550742023-05-012024-04-30095550742022-04-30095550742022-05-012023-04-30095550742023-04-3009555074ns15:EnglandWales2023-05-012024-04-3009555074ns14:PoundSterling2023-05-012024-04-3009555074ns10:Director12023-05-012024-04-3009555074ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009555074ns10:SmallEntities2023-05-012024-04-3009555074ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009555074ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009555074ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009555074ns10:FullAccounts2023-05-012024-04-3009555074ns10:OrdinaryShareClass12023-05-012024-04-3009555074ns10:OrdinaryShareClass22023-05-012024-04-3009555074ns10:RegisteredOffice2023-05-012024-04-3009555074ns5:CurrentFinancialInstruments2024-04-3009555074ns5:CurrentFinancialInstruments2023-04-3009555074ns5:Non-currentFinancialInstruments2024-04-3009555074ns5:Non-currentFinancialInstruments2023-04-3009555074ns5:ShareCapital2024-04-3009555074ns5:ShareCapital2023-04-3009555074ns5:RetainedEarningsAccumulatedLosses2024-04-3009555074ns5:RetainedEarningsAccumulatedLosses2023-04-3009555074ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3009555074ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3009555074ns10:OrdinaryShareClass12024-04-3009555074ns10:OrdinaryShareClass22024-04-3009555074ns5:RetainedEarningsAccumulatedLosses2023-04-3009555074ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 09555074 (England and Wales)















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: U L Patel





REGISTERED OFFICE: 102/104 High Road
Tottenham
London
N15 6JR





REGISTERED NUMBER: 09555074 (England and Wales)





ACCOUNTANTS: Albury Associates Limited
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 4 363,456 349,414
Cash at bank 29 409
363,485 349,823
CREDITORS
Amounts falling due within one year 5 133,987 153,669
NET CURRENT ASSETS 229,498 196,154
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,498

196,154

CREDITORS
Amounts falling due after more than one year 6 38,366 37,154
NET ASSETS 191,132 159,000

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 191,032 158,900
SHAREHOLDERS' FUNDS 191,132 159,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 director and authorised for issue on 31 January 2025 and were signed by:





U L Patel - Director


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 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.

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 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,940
Amounts owed by associates 319,348 302,876
Other debtors 44,108 43,598
363,456 349,414

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 9,559 9,589
Trade creditors 6,250 6,200
Amounts owed to associates 10,150 6,660
Taxation and social security 34,300 25,001
Other creditors 73,728 106,219
133,987 153,669

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 38,366 37,154

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
51 Ordinary A 1 51 51
49 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 158,900
Profit for the year 32,132
At 30 April 2024 191,032

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.