0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,148 2,148 709 709 1,439 xbrli:pure xbrli:shares iso4217:GBP 12427718 2024-02-01 2025-01-31 12427718 2025-01-31 12427718 2024-01-31 12427718 2023-02-01 2024-01-31 12427718 2024-01-31 12427718 2023-01-31 12427718 bus:Director1 2024-02-01 2025-01-31 12427718 core:WithinOneYear 2025-01-31 12427718 core:WithinOneYear 2024-01-31 12427718 core:ShareCapital 2025-01-31 12427718 core:ShareCapital 2024-01-31 12427718 core:RetainedEarningsAccumulatedLosses 2025-01-31 12427718 core:RetainedEarningsAccumulatedLosses 2024-01-31 12427718 bus:SmallEntities 2024-02-01 2025-01-31 12427718 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12427718 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12427718 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12427718 bus:FullAccounts 2024-02-01 2025-01-31 12427718 core:ComputerEquipment 2024-02-01 2025-01-31 12427718 core:ComputerEquipment 2025-01-31
COMPANY REGISTRATION NUMBER: 12427718
ZR Southall Limited
Filleted Unaudited Financial Statements
31 January 2025
ZR Southall Limited
Statement of Financial Position
31 January 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
4
1,439
Current assets
Debtors
5
118,253
121,212
Cash at bank and in hand
3,244
7,298
---------
---------
121,497
128,510
Creditors: amounts falling due within one year
6
219,105
231,452
---------
---------
Net current liabilities
97,608
102,942
--------
---------
Total assets less current liabilities
( 96,169)
( 102,942)
--------
---------
Net liabilities
( 96,169)
( 102,942)
--------
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 96,171)
( 102,944)
--------
---------
Shareholders deficit
( 96,169)
( 102,942)
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
ZR Southall Limited
Statement of Financial Position (continued)
31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 26 June 2025 , and are signed on behalf of the board by:
Mr R Minhas
Director
Company registration number: 12427718
ZR Southall Limited
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 50 Alderton Hill, Loughton, Essex, England, IG10 3JB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Tangible assets
Equipment
£
Cost
At 1 February 2024
Additions
2,148
-------
At 31 January 2025
2,148
-------
Depreciation
At 1 February 2024
Charge for the year
709
-------
At 31 January 2025
709
-------
Carrying amount
At 31 January 2025
1,439
-------
At 31 January 2024
-------
5. Debtors
2025
2024
£
£
Trade debtors
149
Other debtors
118,104
121,212
---------
---------
118,253
121,212
---------
---------
6. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
9,394
Amounts owed to group undertakings and undertakings in which the company has a participating interest
261
260
Social security and other taxes
46
Other creditors
218,798
221,798
---------
---------
219,105
231,452
---------
---------