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REGISTERED NUMBER: 11194305 (England and Wales)















Zrcg Ltd

Unaudited Financial Statements for the Year Ended 29 February 2024






Zrcg Ltd (Registered number: 11194305)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


Zrcg Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: A Caprihan
P Gibson





REGISTERED OFFICE: 32 Morebath Grove
Furzton
Milton Keynes
United Kingdom
MK4 1JW





REGISTERED NUMBER: 11194305 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Zrcg Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Zrcg Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Zrcg Ltd, as a body, in accordance with the terms of our engagement letter dated 1 November 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Zrcg Ltd and state those matters that we have agreed to state to the Board of Directors of Zrcg Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zrcg Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Zrcg Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Zrcg Ltd. You consider that Zrcg Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Zrcg Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


Date: .............................................

Zrcg Ltd (Registered number: 11194305)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,153,112 1,091,849

CURRENT ASSETS
Debtors 5 5,486 4,128
Cash at bank 8,639 22,839
14,125 26,967
CREDITORS
Amounts falling due within one year 6 112,248 300,974
NET CURRENT LIABILITIES (98,123 ) (274,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,054,989

817,842

CREDITORS
Amounts falling due after more than one
year

7

(612,695

)

(474,272

)

PROVISIONS FOR LIABILITIES (73,037 ) (2,470 )
NET ASSETS 369,257 341,100

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 343,838 280,838
Retained earnings 25,417 60,260
369,257 341,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Zrcg Ltd (Registered number: 11194305)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





P Gibson - Director


Zrcg Ltd (Registered number: 11194305)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Zrcg Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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 ) .

Zrcg Ltd (Registered number: 11194305)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 March 2023 1,083,691 14,222 3,371 1,101,284
Revaluations 63,000 - - 63,000
At 29 February 2024 1,146,691 14,222 3,371 1,164,284
DEPRECIATION
At 1 March 2023 - 6,878 2,557 9,435
Charge for year - 1,468 269 1,737
At 29 February 2024 - 8,346 2,826 11,172
NET BOOK VALUE
At 29 February 2024 1,146,691 5,876 545 1,153,112
At 28 February 2023 1,083,691 7,344 814 1,091,849

Cost or valuation at 29 February 2024 is represented by:

Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Valuation in 2022 267,838 - - 267,838
Valuation in 2023 13,000 - - 13,000
Valuation in 2024 63,000 - - 63,000
Cost 802,853 14,222 3,371 820,446
1,146,691 14,222 3,371 1,164,284

There have been no revaluations of Fixtures and Fittings nor Computer Equipment, as these were deemed to be immaterial.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,486 4,128

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,978 6,176
Other creditors 103,270 294,798
112,248 300,974

Zrcg Ltd (Registered number: 11194305)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 612,695 474,272

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 612,695 474,272

8. RESERVES
Revaluation
reserve
£   
At 1 March 2023 280,838
Revaluation Reserve 63,000

At 29 February 2024 343,838

9. ULTIMATE CONTROLLING PARTY

The directors consider there to be no ultimate controlling party.