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REGISTERED NUMBER: 08555718 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Zencatt Limited

Zencatt Limited (Registered number: 08555718)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Zencatt Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: C D Cattran





SECRETARY: H R Whitelock





REGISTERED OFFICE: 59 Lower Queen Street
Penzance
Cornwall
TR18 4DF





REGISTERED NUMBER: 08555718 (England and Wales)

Zencatt Limited (Registered number: 08555718)

Abridged Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,316 14,603
Investment property 5 1,100,000 1,100,000
1,112,316 1,114,603

CURRENT ASSETS
Stocks 414 414
Debtors 841 3,948
Cash at bank 3,178 36
4,433 4,398
CREDITORS
Amounts falling due within one year 84,332 45,506
NET CURRENT LIABILITIES (79,899 ) (41,108 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,032,417

1,073,495

PROVISIONS FOR LIABILITIES 120,687 130,865
NET ASSETS 911,730 942,630

CAPITAL AND RESERVES
Called up share capital 5,300 5,300
Non-distributable reserve 6 971,336 961,158
Retained earnings (64,906 ) (23,828 )
911,730 942,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Zencatt Limited (Registered number: 08555718)

Abridged Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





C D Cattran - Director


Zencatt Limited (Registered number: 08555718)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Zencatt Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment properties are freehold properties held to earn rental income and/or for capital appreciation.

Investment properties are stated in the balance sheet at fair value in accordance with the most recent open market valuation.

Changes in fair value of investment property are recognised in the profit and loss account and are then allocated to the non-distributable reserve. Deferred tax is provided for against these movements.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Zencatt Limited (Registered number: 08555718)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 25,470
DEPRECIATION
At 1 October 2023 10,867
Charge for year 2,287
At 30 September 2024 13,154
NET BOOK VALUE
At 30 September 2024 12,316
At 30 September 2023 14,603

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,100,000
NET BOOK VALUE
At 30 September 2024 1,100,000
At 30 September 2023 1,100,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 1,100,000

The investment property was valued at 30 September 2024 on an open market basis by the director.

6. RESERVES
Non-distributable
reserve
£   
At 1 October 2023 961,158
Revaluation 10,178

At 30 September 2024 971,336