Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-313true2023-04-01falseBoutique garden centre2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07545045 2023-04-01 2024-03-31 07545045 2022-04-01 2023-03-31 07545045 2024-03-31 07545045 2023-03-31 07545045 c:Director1 2023-04-01 2024-03-31 07545045 d:FurnitureFittings 2023-04-01 2024-03-31 07545045 d:FurnitureFittings 2024-03-31 07545045 d:FurnitureFittings 2023-03-31 07545045 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07545045 d:CurrentFinancialInstruments 2024-03-31 07545045 d:CurrentFinancialInstruments 2023-03-31 07545045 d:Non-currentFinancialInstruments 2024-03-31 07545045 d:Non-currentFinancialInstruments 2023-03-31 07545045 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07545045 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07545045 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 07545045 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 07545045 d:ShareCapital 2024-03-31 07545045 d:ShareCapital 2023-03-31 07545045 d:RetainedEarningsAccumulatedLosses 2024-03-31 07545045 d:RetainedEarningsAccumulatedLosses 2023-03-31 07545045 c:FRS102 2023-04-01 2024-03-31 07545045 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07545045 c:FullAccounts 2023-04-01 2024-03-31 07545045 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07545045 2 2023-04-01 2024-03-31 07545045 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07545045










ZANELLI'S LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ZANELLI'S LTD
REGISTERED NUMBER:07545045

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
987
2,163

  
987
2,163

Current assets
  

Stocks
 5 
3,000
3,000

Debtors: amounts falling due within one year
 6 
8,540
9,008

Cash at bank and in hand
  
613
450

  
12,153
12,458

Creditors: amounts falling due within one year
 7 
(63,040)
(53,724)

Net current liabilities
  
 
 
(50,887)
 
 
(41,266)

Total assets less current liabilities
  
(49,900)
(39,103)

Creditors: amounts falling due after more than one year
 8 
(6,274)
(11,312)

  

Net liabilities
  
(56,174)
(50,415)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(56,274)
(50,515)

  
(56,174)
(50,415)


Page 1

 
ZANELLI'S LTD
REGISTERED NUMBER:07545045
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



A Saggar
Director
Date: 23 July 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ZANELLI'S LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Zanelli's Limited is a private company limited by share capital, incorporated in England & Wales, registration number 07545045. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

  
2.3

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interst in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of comprehensive income over its useful economic life.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
ZANELLI'S LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25% Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.5

Stock

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obselete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.10

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ZANELLI'S LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 2).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 April 2023
4,751



At 31 March 2024

4,751



Depreciation


At 1 April 2023
2,588


Charge for the year on owned assets
1,176



At 31 March 2024

3,764



Net book value



At 31 March 2024
987



At 31 March 2023
2,163


5.


Stocks

2024
2023
£
£

Finished goods
3,000
3,000



6.


Debtors

2024
2023
£
£


Other debtors
8,540
9,008


Page 5

 
ZANELLI'S LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
6,932
2,497

Bank loans
4,831
4,831

Trade creditors
4,666
4,666

Other taxation and social security
78
1,322

Other creditors
36,077
33,312

Accruals and deferred income
10,456
7,096

63,040
53,724



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
6,274
11,312



9.


Related party transactions

Included in other creditors is an amount of £36,077 (2023: £33,312) owed to a Director. 

 
Page 6