Company Registration No. SC605945 (Scotland)
Zeus Industrial Services Ltd
Unaudited accounts
for the year ended 31 August 2024
Zeus Industrial Services Ltd
Unaudited accounts
Contents
Zeus Industrial Services Ltd
Company Information
for the year ended 31 August 2024
Directors
Colin Wilkie
Craig West Halliday
Company Number
SC605945 (Scotland)
Registered Office
9 Gateway Court
Glasgow
Lanarkshire
G40 4DS
Scotland
Accountants
SYKAM & Co Limited
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Zeus Industrial Services Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Zeus Industrial Services Ltd for the year ended
31 August 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SYKAM & Co Limited
Chartered Accountants
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE
19 December 2024
Zeus Industrial Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
141,561
31,322
Cash at bank and in hand
97,774
86,084
Creditors: amounts falling due within one year
(154,500)
(90,026)
Net current assets
202,281
183,904
Total assets less current liabilities
343,842
215,226
Creditors: amounts falling due after more than one year
(9,183)
(14,381)
Provisions for liabilities
Deferred tax
(26,896)
(5,951)
Net assets
307,763
194,894
Called up share capital
100
1
Profit and loss account
307,663
194,893
Shareholders' funds
307,763
194,894
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by
Colin Wilkie
Director
Company Registration No. SC605945
Zeus Industrial Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Zeus Industrial Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC605945. The registered office is 9 Gateway Court, Glasgow, Lanarkshire, G40 4DS, Scotland.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
18,526
39,621
5,019
63,166
Additions
106,808
51,845
-
158,653
At 31 August 2024
125,334
91,466
5,019
221,819
At 1 September 2023
10,554
19,212
2,078
31,844
Charge for the year
31,333
16,146
935
48,414
At 31 August 2024
41,887
35,358
3,013
80,258
At 31 August 2024
83,447
56,108
2,006
141,561
At 31 August 2023
7,972
20,409
2,941
31,322
Zeus Industrial Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
254,116
147,649
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
38,738
1,913
Obligations under finance leases and hire purchase contracts
81,281
-
Trade creditors
18,501
66,687
Taxes and social security
12,922
13,596
Other creditors
1,260
3,889
Loans from directors
1,396
3,445
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).