Company Registration No. 08676235 (England and Wales)
ZI MAT LIMITED
Unaudited accounts
for the year ended 30 September 2024
ZI MAT LIMITED
Unaudited accounts
Contents
ZI MAT LIMITED
Company Information
for the year ended 30 September 2024
Director
Safyan Shahab Qureshi
Company Number
08676235 (England and Wales)
Registered Office
Woodstock Lodge
Blenheim Palace Grounds
Oxford
OX20 1PP
United Kingdom
Accountants
Asmat & Co
84 High Street
Slough
Berkshire
SL1 1EL
ZI MAT LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
3,987
3,795
Cash at bank and in hand
18,119
5,418
Creditors: amounts falling due within one year
(82,121)
(21,951)
Net current (liabilities)/assets
(26,346)
36,404
Total assets less current liabilities
(22,359)
40,199
Creditors: amounts falling due after more than one year
(3,463)
(64,777)
Net liabilities
(25,822)
(24,578)
Called up share capital
100
100
Profit and loss account
(25,922)
(24,678)
Shareholders' funds
(25,822)
(24,578)
For the year ending 30 September 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 22 October 2024 and were signed on its behalf by
Safyan Shahab Qureshi
Director
Company Registration No. 08676235
ZI MAT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
ZI MAT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08676235. The registered office is Woodstock Lodge, Blenheim Palace Grounds, Oxford, OX20 1PP, United Kingdom.
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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.
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.
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:
The accounts are presented in £ sterling.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
3,550
645
2,360
6,555
At 30 September 2024
3,550
645
4,239
8,434
At 1 October 2023
1,349
245
1,166
2,760
Charge for the year
710
129
848
1,687
At 30 September 2024
2,059
374
2,014
4,447
At 30 September 2024
1,491
271
2,225
3,987
At 30 September 2023
2,201
400
1,194
3,795
ZI MAT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
33,781
49,281
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,450
2,942
Taxes and social security
5,807
3,894
Other creditors
17,572
15,115
Loans from directors
56,092
-
7
Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 0 (2023: 0).