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Company Registration No. 11403770 (England and Wales)
ZAINS NEWS LTD Unaudited accounts for the year ended 30 June 2024
ZAINS NEWS LTD Unaudited accounts Contents
Page
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ZAINS NEWS LTD Company Information for the year ended 30 June 2024
Director
Zaheer Altaf
Company Number
11403770 (England and Wales)
Registered Office
23 Howard Road Yardley Birmingham West Midlands B25 8AL England
Accountants
EJAZ & CO LTD Fairgate House 205 Kings Road Birmingham West Midlands B11 2AA
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ZAINS NEWS LTD for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ZAINS NEWS LTD for the year ended 30 June 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
EJAZ & CO LTD Chartered Certified Accountants Fairgate House 205 Kings Road Birmingham West Midlands B11 2AA 28 March 2025
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ZAINS NEWS LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,540 
5,675 
Investment property
124,819 
124,819 
129,359 
130,494 
Current assets
Inventories
28,275 
42,475 
Cash at bank and in hand
3,321 
19,758 
31,596 
62,233 
Creditors: amounts falling due within one year
(65,782)
(39,033)
Net current (liabilities)/assets
(34,186)
23,200 
Total assets less current liabilities
95,173 
153,694 
Creditors: amounts falling due after more than one year
(46,411)
(129,837)
Net assets
48,762 
23,857 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48,662 
23,757 
Shareholders' funds
48,762 
23,857 
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 28 March 2025 and were signed on its behalf by
Zaheer Altaf Director Company Registration No. 11403770
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ZAINS NEWS LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
ZAINS NEWS LTD is a private company, limited by shares, registered in England and Wales, registration number 11403770. The registered office is 23 Howard Road, Yardley, Birmingham, West Midlands, B25 8AL, 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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
11,350 
At 30 June 2024
11,350 
Depreciation
At 1 July 2023
5,675 
Charge for the year
1,135 
At 30 June 2024
6,810 
Net book value
At 30 June 2024
4,540 
At 30 June 2023
5,675 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
124,819 
At 30 June 2024
124,819 
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ZAINS NEWS LTD Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
30,187 
10,618 
Trade creditors
21,100 
22,995 
Taxes and social security
14,495 
5,420 
65,782 
39,033 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,583 
28,430 
Loans from directors
27,828 
101,407 
46,411 
129,837 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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