| Z.M. LIMITED |
| Statement of financial position as at 30 September 2024 |
|
|
Notes |
|
30.9.2024 |
|
30.9.2023 |
|
|
|
£ |
£ |
|
£ |
| Fixed asset investment |
4 |
|
|
1 |
|
1 |
|
| Current assets |
| Cash at bank |
2,544 |
|
|
6,442 |
|
|
|
2,544 |
|
|
6,442 |
|
| Creditors: amounts falling |
| due within one year |
5 |
|
(16,438) |
|
(12,811) |
|
|
|
|
|
|
|
| Net current liabilities |
(13,894) |
|
(6,369) |
|
|
|
|
|
|
|
| Total liabilities |
£ (13,893) |
|
£ (6,368) |
| |
|
|
|
|
|
|
|
| Capital and deficit |
|
| Called up share capital |
6 |
|
|
100 |
|
100 |
| Profit and loss account |
(13,993) |
|
(6,468) |
|
|
|
|
|
|
|
| Shareholder's fund |
£ (13,893) |
|
£ (6,368) |
|
|
|
|
|
|
|
|
|
| For the period ending 31 December 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 for the preparation of accounts. |
| The financial statements have been prepared in accordance with special provision of Part 15 of the Companies Act 2006 relating to small companies and with the provisions of FRS 102 Section 1A Small Entities. |
|
|
| Approved by the Board: |
|
|
|
| _________________________ |
| Z. Zivlin |
| Director |
| Company number: 3086652 |
| 2 June 2025 |
|
| Z.M. LIMITED |
| Notes to the Financial Statements - 30 September 2024 |
|
COMPANY INFORMATION |
|
| 1. |
Company Information |
|
Z.M. Limited is a private limited company incorporated and domiciled in England & Wales. The address of its registered office is 5.2 Central House, 1 Ballards Lane, N3 1LQ. |
|
| 2. |
Accounting Policies |
|
| 2.1 |
Basis of accounting |
|
The financial statements have been prepared on a going concern basis, under historical cost convention and in accordance with the provisions of FRS 102 Sedction 1A small entities and the Companies Act 2006. |
|
The financial statements are presented in sterling (£). |
|
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
|
| 2.2 |
Group accounts |
|
The company and its subsidiary are regarded as a small group therefore are entitled to the exemption from preparing group accounts. |
|
| 2.3 |
Turnover |
|
Revenue is measured at the fair value of the consideration received or receivable and represents the amounts receivable for services rendered during the year. |
|
|
| 2.4 |
Fixed asset investment |
|
Investment in subsidiary is included at cost. |
|
| 2.5 |
Creditors |
|
Basic financial liabilities including trade and other payable are measured at transaction price. |
|
| 2.6 |
Going concern |
|
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. |
|
| 2.7 |
Current & deferred taxation |
|
Deferred taxation is provided using the liability method to take into account timing from the inclusion of items of expenditure in taxation computations in periods that differ from those differences arising in which they are included in the financial statements to the extent that it is probably that an or assets will crystallize in the future. |
|
Provision for deferred taxation is set off against debit balance of deferred taxation. |
|
The current income tax charged is calculated on the basis of the tax rate and laws that have been enacted or substantially enacted by the reporting date in the countries where the company operated and generates income. |
|
| Z.M. LIMITED |
|
| Notes to the Financial Statements - 30 September 2024 |
|
|
| 3. |
Employees |
|
|
|
|
|
|
2024 |
|
2023 |
|
Number of employees |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 4. |
Fixed asset investment |
|
|
The investment in subsidiary company represents the cost of the whole share capital of Tulip Capital Ltd, a company incorporated in England & Wales. |
|
|
| 5. |
Creditors: Amounts falling due |
30.09.2024 |
|
30.09.2023 |
|
within one year |
£ |
|
£ |
|
|
Director's current account |
15,166 |
|
11,539 |
|
Accruals |
1,272 |
|
1,272 |
|
|
|
|
|
|
16,438 |
|
12,811 |
|
|
|
|
|
|
|
|
|
| 6. |
Share Capital |
30.09.2024 |
|
30.09.2023 |
|
|
|
|
|
|
£ |
|
£ |
|
|
Allotted, called up and fully |
|
paid: 100 ordinary shares of £1 each |
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 7. |
Related party transactions |
|
|
Control: |
|
The company is wholly controlled by its director Mr Z Zivlin. |
|
|
|
Transactions: |
|
There were no transactions between the company and related party during the year. |