ZENITH SELECT CARS LIMITED

Company Registration Number:
10649592 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

ZENITH SELECT CARS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

ZENITH SELECT CARS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 67,322 19,247
Total fixed assets: 67,322 19,247
Current assets
Stocks: 888,550 659,855
Cash at bank and in hand: 165,268 114,129
Total current assets: 1,053,818 773,984
Creditors: amounts falling due within one year:   (59,989) (115,199)
Net current assets (liabilities): 993,829 658,785
Total assets less current liabilities: 1,061,151 678,032
Creditors: amounts falling due after more than one year:   (39,240) (474,475)
Total net assets (liabilities): 1,021,911 203,557
Capital and reserves
Called up share capital: 713,328 1
Profit and loss account: 308,583 203,556
Shareholders funds: 1,021,911 203,557

The notes form part of these financial statements

ZENITH SELECT CARS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 March 2025
and signed on behalf of the board by:

Name: David ILUKWE
Status: Director

The notes form part of these financial statements

ZENITH SELECT CARS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ZENITH SELECT CARS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

ZENITH SELECT CARS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 30,799
Additions 50,000
At 31 March 2024 80,799
Depreciation
At 01 April 2023 11,552
Charge for year 1,925
At 31 March 2024 13,477
Net book value
At 31 March 2024 67,322
At 31 March 2023 19,247

Mr David Ilukwe a former creditor to the company has converted his liability by company to him into extra share capital. He has also invested additional stock into the company as an investment into additional share capital.