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Company Registration No. 10583591 (England and Wales)
Zytek Limited Filleted accounts for the year ended 30 April 2024
Zytek Limited Filleted accounts Contents
Page
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Zytek Limited Company Information for the year ended 30 April 2024
Director
Zahid Patel
Company Number
10583591 (England and Wales)
Registered Office
Hawthorne House 17a Hawthorne Drive Leicester LE5 6DL England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Zytek Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
370,000 
370,000 
Current assets
Debtors
5,187 
2,245 
Cash at bank and in hand
21,529 
31,828 
26,716 
34,073 
Creditors: amounts falling due within one year
(5,722)
(29,182)
Net current assets
20,994 
4,891 
Total assets less current liabilities
390,994 
374,891 
Creditors: amounts falling due after more than one year
(283,250)
(270,750)
Provisions for liabilities
Deferred tax
(20,068)
(20,068)
Net assets
87,676 
84,073 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
60,203 
60,203 
Profit and loss account
27,373 
23,770 
Shareholders' funds
87,676 
84,073 
For the year ending 30 April 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 23 January 2025 and were signed on its behalf by
Zahid Patel Director Company Registration No. 10583591
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Zytek Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Zytek Limited is a private company, limited by shares, registered in England and Wales, registration number 10583591. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL, 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.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Investments
Investments in shares are included at fair value.
4
Investment property
2024 
£ 
Fair value at 1 May 2023
370,000 
At 30 April 2024
370,000 
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Zytek Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,000 
2,000 
Accrued income and prepayments
187 
245 
5,187 
2,245 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
845 
3,994 
Loans from directors
3,854 
2,406 
Accruals
1,023 
22,782 
5,722 
29,182 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
15,500 
15,500 
Other creditors
267,750 
255,250 
283,250 
270,750 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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