Company Registration No. 10410036 (England and Wales)
ZAARA 1 LIMITED
Unaudited accounts
for the year ended 31 March 2024
ZAARA 1 LIMITED
Unaudited accounts
Contents
ZAARA 1 LIMITED
Company Information
for the year ended 31 March 2024
Company Number
10410036 (England and Wales)
Registered Office
Unit 47 Basepoint Centre
Dartford Business Park, Victoria Road
Dartford
Kent
DA1 5FS
United Kingdom
ZAARA 1 LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
84,211
60,679
Cash at bank and in hand
86,481
19,669
Creditors: amounts falling due within one year
(479,097)
(410,387)
Net current assets
519,270
428,719
Total assets less current liabilities
603,481
489,398
Creditors: amounts falling due after more than one year
(74,923)
(121,601)
Net assets
528,558
367,797
Called up share capital
100
100
Profit and loss account
528,458
367,697
Shareholders' funds
528,558
367,797
For the year ending 31 March 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 20 May 2024 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 10410036
ZAARA 1 LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ZAARA 1 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10410036. The registered office is Unit 47 Basepoint Centre , Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
20 Year Straight Line
Motor vehicles
20% - Reducing balance
Fixtures & fittings
20% - Reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
8,820
-
82,860
91,680
Additions
-
38,575
-
38,575
At 31 March 2024
8,820
38,575
82,860
130,255
At 1 April 2023
809
-
30,192
31,001
Charge for the year
441
4,068
10,534
15,043
At 31 March 2024
1,250
4,068
40,726
46,044
At 31 March 2024
7,570
34,507
42,134
84,211
At 31 March 2023
8,011
-
52,668
60,679
ZAARA 1 LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
32,989
47,433
Amounts due from group undertakings etc.
851,582
746,316
Accrued income and prepayments
18,478
12,522
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
52,180
59,680
Trade creditors
272,350
88,535
Amounts owed to group undertakings and other participating interests
79,071
64,191
Taxes and social security
32,407
61,271
Other creditors
32,014
125,635
7
Creditors: amounts falling due after more than one year
2024
2023
The company is controlled by its parent company RSGD Leicester Ltd which is registered in England.
9
Average number of employees
During the year the average number of employees was 33 (2023: 48).