Zen Mondo Ltd 7906888 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is restaurant business Digita Accounts Production Advanced 6.30.9574.0 true true 7906888 2023-09-01 2024-08-31 7906888 2024-08-31 7906888 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 7906888 core:Non-currentFinancialInstruments 2024-08-31 7906888 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 7906888 core:FurnitureFittingsToolsEquipment 2024-08-31 7906888 core:OtherPropertyPlantEquipment 2024-08-31 7906888 bus:SmallEntities 2023-09-01 2024-08-31 7906888 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 7906888 bus:FilletedAccounts 2023-09-01 2024-08-31 7906888 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 7906888 bus:RegisteredOffice 2023-09-01 2024-08-31 7906888 bus:Director1 2023-09-01 2024-08-31 7906888 bus:Director2 2023-09-01 2024-08-31 7906888 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 7906888 core:FurnitureFittings 2023-09-01 2024-08-31 7906888 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 7906888 core:OtherPropertyPlantEquipment 2023-09-01 2024-08-31 7906888 core:PlantMachinery 2023-09-01 2024-08-31 7906888 countries:AllCountries 2023-09-01 2024-08-31 7906888 2023-08-31 7906888 core:FurnitureFittingsToolsEquipment 2023-08-31 7906888 core:OtherPropertyPlantEquipment 2023-08-31 7906888 2022-09-01 2023-08-31 7906888 2023-08-31 7906888 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 7906888 core:Non-currentFinancialInstruments 2023-08-31 7906888 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 7906888 core:FurnitureFittingsToolsEquipment 2023-08-31 7906888 core:OtherPropertyPlantEquipment 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 7906888

Zen Mondo Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Zen Mondo Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Zen Mondo Ltd

Company Information

Directors

John Hewett

Akemi Kawano

Registered office

326 Upper Street
London
N1 2XQ

Accountants

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

 

Zen Mondo Ltd

(Registration number: 7906888)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

21,179

23,200

Current assets

 

Stocks

5

6,500

6,500

Cash at bank and in hand

 

88,114

94,605

 

94,614

101,105

Creditors: Amounts falling due within one year

7

(18,217)

(16,137)

Net current assets

 

76,397

84,968

Total assets less current liabilities

 

97,576

108,168

Creditors: Amounts falling due after more than one year

7

(132,078)

(139,078)

Net liabilities

 

(34,502)

(30,910)

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

(34,504)

(30,912)

Shareholders' deficit

 

(34,502)

(30,910)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 May 2025 and signed on its behalf by:
 

 

Zen Mondo Ltd

(Registration number: 7906888)
Balance Sheet as at 31 August 2024

.........................................
John Hewett
Director

.........................................
Akemi Kawano
Director

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
326 Upper Street
London
N1 2XQ

These financial statements were authorised for issue by the Board on 16 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

8% on written down value

Fixture & fittings

18% on written down value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2023 - 7).

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 September 2023

12,845

50,978

63,823

At 31 August 2024

12,845

50,978

63,823

Depreciation

At 1 September 2023

11,195

29,428

40,623

Charge for the year

297

1,724

2,021

At 31 August 2024

11,492

31,152

42,644

Carrying amount

At 31 August 2024

1,353

19,826

21,179

At 31 August 2023

1,650

21,550

23,200

5

Stocks

2024
£

2023
£

Other inventories

6,500

6,500

6

Debtors

Current

2024
£

2023
£

 

-

-

7

Creditors

Creditors: amounts falling due within one year

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

2024
£

2023
£

Due within one year

Trade creditors

6,495

6,495

Taxation and social security

7,035

4,955

Accruals and deferred income

4,687

4,687

18,217

16,137

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

132,078

139,078

8

Share capital

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

132,078

139,078

10

Related party transactions

 

Zen Mondo Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,000

12,000