Registered number
05825104
Zeb Coaching Ltd
Filleted Accounts
31 May 2024
Zeb Coaching Ltd
Registered number: 05825104
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,467 1,956
Current assets
Stocks 8,327 6,371
Debtors 4 10,733 11,506
Cash at bank and in hand 3,316 5,068
22,376 22,945
Creditors: amounts falling due within one year 5 (16,546) (15,436)
Net current assets 5,830 7,509
Total assets less current liabilities 7,297 9,465
Creditors: amounts falling due after more than one year 6 (6,888) (8,787)
Net assets 409 678
Capital and reserves
Called up share capital 100 100
Profit and loss account 309 578
Shareholders' funds 409 678
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Zeb Young
Director
Approved by the board on 9 February 2025
Zeb Coaching Ltd
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 3,145
At 31 May 2024 3,145
Depreciation
At 1 June 2023 1,189
Charge for the year 489
At 31 May 2024 1,678
Net book value
At 31 May 2024 1,467
At 31 May 2023 1,956
4 Debtors 2024 2023
£ £
Trade debtors 1,840 1,840
Other debtors 8,893 9,666
10,733 11,506
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 1,956 1,956
Taxation and social security costs 11,050 10,690
Other creditors 3,540 2,790
16,546 15,436
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,888 8,787
7 Other information
Zeb Coaching Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Pennyweights
Kenley
CR8 5HB
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