Registered Number:09033841 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
ZCO Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
ZCO Limited
Statement of Financial Position
2023
2024
787,600
787,600
2
Property, plant and equipment |
227,986
356,417
3
1,015,586
1,144,017
52,913
50,141
4
Trade and other receivables |
394,007
315,651
5
16,552
Cash and cash equivalents |
70,285
436,077
463,472
Trade and other payables: amounts falling due within one |
year |
(749,402)
(993,219)
6
(285,930)
(557,142)
Net current liabilities
Total assets less current liabilities |
458,444
858,087
Trade and other payables: amounts falling due after more |
than one year |
(39,047)
(181,545)
7
(37,454)
(60,569)
Provisions for liabilities |
239,445
Net assets
758,471
100
100
787,600
787,600
8
(548,255)
(29,229)
239,445
758,471
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 30 June 2024
ZCO Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 26 March 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2024
ZCO Limited
Notes to the Financial Statements
Statutory Information
ZCO Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
09033841. |
The Crescent Banqueting Hall
Lever Street
Bolton
Lancashire
BL3 6NN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
The company''s freehold properties were professionally valued in 0. This valuation has been reduced by subsequent |
depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective |
January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that |
valuation has not been updated. |
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
likely that there has been a material change in value. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 June 2024
ZCO Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
787,600
787,600
787,600
787,600
3. Property, plant and equipment |
1,210,738
81,139
1,129,599
7,218
6,943
275
1,129,874
88,082
1,217,956
Provision for depreciation and impairment |
854,321
69,397
784,924
Charge for year
135,649
11,475
124,174
989,970
80,872
909,098
220,776
7,210
227,986
344,675
11,742
356,417
2023
2024
50,141
52,913
5. Trade and other receivables |
2023
2024
30,855
18,289
284,796
375,718
394,007
315,651
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For the year ended 30 June 2024
ZCO Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
10,000
10,000
748,748
513,046
Taxation and social security |
45,074
22,398
189,397
203,958
993,219
749,402
7. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
32,947
39,047
148,598
-
181,545
39,047
Revaluation reserve at 01 July 2023 |
787,600
787,600
Revaluation reserve at 30 June 2024 |
9. Average number of persons employed |
During the year the average number of employees was 90 (2023 : 111)
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