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Company Registration No. 14962818 (England and Wales)
ZY Financial Management Limited Filleted Accounts for the year ended 30 June 2024
ZY Financial Management Limited Filleted Accounts Contents
Page
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ZY Financial Management Limited Company Information for the year ended 30 June 2024
Director
Zuned Yusuf
Company Number
14962818 (England and Wales)
Registered Office
11 Ensbury Gardens Leicester LE5 6FB England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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ZY Financial Management Limited Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Current assets
Debtors
14,247 
Cash at bank and in hand
94,562 
108,809 
Creditors: amounts falling due within one year
(40,994)
Net current assets
67,815 
Net assets
67,815 
Capital and reserves
Called up share capital
10 
Profit and loss account
67,805 
Shareholders' funds
67,815 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 February 2025 and were signed on its behalf by
Zuned Yusuf Director Company Registration No. 14962818
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ZY Financial Management Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
ZY Financial Management Limited is a private company, limited by shares, registered in England and Wales, registration number 14962818. The registered office is 11 Ensbury Gardens, Leicester, LE5 6FB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
14,146 
Other debtors
101 
14,247 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
8,504 
Taxes and social security
19,705 
Other creditors
12,095 
Accruals
690 
40,994 
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ZY Financial Management Limited Notes to the Accounts for the year ended 30 June 2024
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.10 each
10 
Shares issued during the period:
100 Ordinary shares of £0.10 each
10 
7
Average number of employees
During the year the average number of employees was 1.
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