2023-07-012024-06-302024-06-30false12703451ZENITH SYSTEMS LTD2025-02-17falseiso4217:GBPxbrli:pure127034512023-07-01127034512024-06-30127034512023-07-012024-06-30127034512022-07-01127034512023-06-30127034512022-07-012023-06-3012703451bus:SmallEntities2023-07-012024-06-3012703451bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3012703451bus:FullAccounts2023-07-012024-06-3012703451bus:PrivateLimitedCompanyLtd2023-07-012024-06-3012703451core:WithinOneYear2024-06-3012703451core:AfterOneYear2024-06-3012703451core:WithinOneYear2023-06-3012703451core:AfterOneYear2023-06-3012703451core:ShareCapital2024-06-3012703451core:SharePremium2024-06-3012703451core:RevaluationReserve2024-06-3012703451core:OtherReservesSubtotal2024-06-3012703451core:RetainedEarningsAccumulatedLosses2024-06-3012703451core:ShareCapital2023-06-3012703451core:SharePremium2023-06-3012703451core:RevaluationReserve2023-06-3012703451core:OtherReservesSubtotal2023-06-3012703451core:RetainedEarningsAccumulatedLosses2023-06-3012703451core:LandBuildings2024-06-3012703451core:PlantMachinery2024-06-3012703451core:Vehicles2024-06-3012703451core:FurnitureFittings2024-06-3012703451core:OfficeEquipment2024-06-3012703451core:NetGoodwill2024-06-3012703451core:IntangibleAssetsOtherThanGoodwill2024-06-3012703451core:ListedExchangeTraded2024-06-3012703451core:UnlistedNon-exchangeTraded2024-06-3012703451core:LandBuildings2023-06-3012703451core:PlantMachinery2023-06-3012703451core:Vehicles2023-06-3012703451core:FurnitureFittings2023-06-3012703451core:OfficeEquipment2023-06-3012703451core:NetGoodwill2023-06-3012703451core:IntangibleAssetsOtherThanGoodwill2023-06-3012703451core:ListedExchangeTraded2023-06-3012703451core:UnlistedNon-exchangeTraded2023-06-3012703451core:LandBuildings2023-07-012024-06-3012703451core:PlantMachinery2023-07-012024-06-3012703451core:Vehicles2023-07-012024-06-3012703451core:FurnitureFittings2023-07-012024-06-3012703451core:OfficeEquipment2023-07-012024-06-3012703451core:NetGoodwill2023-07-012024-06-3012703451core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012703451core:ListedExchangeTraded2023-07-012024-06-3012703451core:UnlistedNon-exchangeTraded2023-07-012024-06-3012703451core:MoreThanFiveYears2023-07-012024-06-3012703451core:Non-currentFinancialInstruments2024-06-3012703451core:Non-currentFinancialInstruments2023-06-3012703451dpl:CostSales2023-07-012024-06-3012703451dpl:DistributionCosts2023-07-012024-06-3012703451core:LandBuildings2023-07-012024-06-3012703451core:PlantMachinery2023-07-012024-06-3012703451core:Vehicles2023-07-012024-06-3012703451core:FurnitureFittings2023-07-012024-06-3012703451core:OfficeEquipment2023-07-012024-06-3012703451dpl:AdministrativeExpenses2023-07-012024-06-3012703451core:NetGoodwill2023-07-012024-06-3012703451core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012703451dpl:GroupUndertakings2023-07-012024-06-3012703451dpl:ParticipatingInterests2023-07-012024-06-3012703451dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3012703451core:ListedExchangeTraded2023-07-012024-06-3012703451dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3012703451core:UnlistedNon-exchangeTraded2023-07-012024-06-3012703451dpl:CostSales2022-07-012023-06-3012703451dpl:DistributionCosts2022-07-012023-06-3012703451core:LandBuildings2022-07-012023-06-3012703451core:PlantMachinery2022-07-012023-06-3012703451core:Vehicles2022-07-012023-06-3012703451core:FurnitureFittings2022-07-012023-06-3012703451core:OfficeEquipment2022-07-012023-06-3012703451dpl:AdministrativeExpenses2022-07-012023-06-3012703451core:NetGoodwill2022-07-012023-06-3012703451core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012703451dpl:GroupUndertakings2022-07-012023-06-3012703451dpl:ParticipatingInterests2022-07-012023-06-3012703451dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3012703451core:ListedExchangeTraded2022-07-012023-06-3012703451dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3012703451core:UnlistedNon-exchangeTraded2022-07-012023-06-3012703451core:NetGoodwill2024-06-3012703451core:IntangibleAssetsOtherThanGoodwill2024-06-3012703451core:LandBuildings2024-06-3012703451core:PlantMachinery2024-06-3012703451core:Vehicles2024-06-3012703451core:FurnitureFittings2024-06-3012703451core:OfficeEquipment2024-06-3012703451core:AfterOneYear2024-06-3012703451core:WithinOneYear2024-06-3012703451core:ListedExchangeTraded2024-06-3012703451core:UnlistedNon-exchangeTraded2024-06-3012703451core:ShareCapital2024-06-3012703451core:SharePremium2024-06-3012703451core:RevaluationReserve2024-06-3012703451core:OtherReservesSubtotal2024-06-3012703451core:RetainedEarningsAccumulatedLosses2024-06-3012703451core:NetGoodwill2023-06-3012703451core:IntangibleAssetsOtherThanGoodwill2023-06-3012703451core:LandBuildings2023-06-3012703451core:PlantMachinery2023-06-3012703451core:Vehicles2023-06-3012703451core:FurnitureFittings2023-06-3012703451core:OfficeEquipment2023-06-3012703451core:AfterOneYear2023-06-3012703451core:WithinOneYear2023-06-3012703451core:ListedExchangeTraded2023-06-3012703451core:UnlistedNon-exchangeTraded2023-06-3012703451core:ShareCapital2023-06-3012703451core:SharePremium2023-06-3012703451core:RevaluationReserve2023-06-3012703451core:OtherReservesSubtotal2023-06-3012703451core:RetainedEarningsAccumulatedLosses2023-06-3012703451core:NetGoodwill2022-07-0112703451core:IntangibleAssetsOtherThanGoodwill2022-07-0112703451core:LandBuildings2022-07-0112703451core:PlantMachinery2022-07-0112703451core:Vehicles2022-07-0112703451core:FurnitureFittings2022-07-0112703451core:OfficeEquipment2022-07-0112703451core:AfterOneYear2022-07-0112703451core:WithinOneYear2022-07-0112703451core:ListedExchangeTraded2022-07-0112703451core:UnlistedNon-exchangeTraded2022-07-0112703451core:ShareCapital2022-07-0112703451core:SharePremium2022-07-0112703451core:RevaluationReserve2022-07-0112703451core:OtherReservesSubtotal2022-07-0112703451core:RetainedEarningsAccumulatedLosses2022-07-0112703451core:AfterOneYear2023-07-012024-06-3012703451core:WithinOneYear2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012703451core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3012703451core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3012703451core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3012703451core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3012703451core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3012703451bus:Director12023-07-012024-06-30

ZENITH SYSTEMS LTD

Registered Number
12703451
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

ZENITH SYSTEMS LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Director

K E, TURNBULL

Registered Address

7 West Wynd
Killingworth
Newcastle Upon Tyne
NE12 6FP

Registered Number

12703451 (England and Wales)
ZENITH SYSTEMS LTD
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets36721,091
6721,091
Current assets
Debtors1,2193,330
Cash at bank and on hand2,5671,114
3,7864,444
Creditors amounts falling due within one year4(12,982)(11,215)
Net current assets (liabilities)(9,196)(6,771)
Total assets less current liabilities(8,524)(5,680)
Net assets(8,524)(5,680)
Capital and reserves
Called up share capital11
Profit and loss account(8,525)(5,681)
Shareholders' funds(8,524)(5,680)
The financial statements were approved and authorised for issue by the Director on 17 February 2025, and are signed on its behalf by:
K E, TURNBULL
Director
Registered Company No. 12703451
ZENITH SYSTEMS LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 July 23-1,2701,270
At 30 June 24-1,2701,270
Depreciation and impairment
At 01 July 23-179179
Charge for year419-419
At 30 June 24419179598
Net book value
At 30 June 24(419)1,091672
At 30 June 23-1,0911,091
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,292206
Taxation and social security308962
Other creditors10,6879,548
Accrued liabilities and deferred income695499
Total12,98211,215
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.