DR ZIA LIMITED |
Notes to the Accounts |
for the year ended 31 May 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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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. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
fully depreciated |
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Creditors |
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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. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 June 2023 |
799 |
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At 31 May 2024 |
799 |
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Depreciation |
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At 1 June 2023 |
799 |
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At 31 May 2024 |
799 |
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Net book value |
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At 31 May 2024 |
- |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Bank loans and overdrafts |
2,929 |
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2,906 |
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Other creditors |
4,595 |
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3,515 |
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7,524 |
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6,421 |
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5 |
Controlling party |
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The director controls the company. |
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6 |
Other information |
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DR ZIA LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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22 Hintlesham Avenue, |
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Edgbaston, |
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Birmingham, |
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England, |
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B15 2PH |