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REGISTERED NUMBER: 04789488 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Z & H DISTRIBUTION LTD

Z & H DISTRIBUTION LTD (Registered number: 04789488)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Z & H DISTRIBUTION LTD

Company Information
for the Year Ended 31 July 2024







DIRECTORS: M Ahmed
Mrs S Ahmed





REGISTERED OFFICE: Unit 9B
Beaver Industrial Estate
Brent Road
Southall
Middlesex
UB2 5FB





REGISTERED NUMBER: 04789488 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Z & H DISTRIBUTION LTD (Registered number: 04789488)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,000 22,500
Tangible assets 5 168,213 189,439
183,213 211,939

CURRENT ASSETS
Stocks 213,457 412,942
Debtors 6 3,196,675 2,101,309
Prepayments and accrued income 2,113 21,194
Cash at bank and in hand 492,058 139,192
3,904,303 2,674,637
CREDITORS
Amounts falling due within one year 7 2,998,580 2,254,419
NET CURRENT ASSETS 905,723 420,218
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,088,936

632,157

CREDITORS
Amounts falling due after more than
one year

8

(9,666

)

(37,995

)

PROVISIONS FOR LIABILITIES (34,899 ) (34,899 )
NET ASSETS 1,044,371 559,263

Z & H DISTRIBUTION LTD (Registered number: 04789488)

Balance Sheet - continued
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,044,271 559,163
1,044,371 559,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:





M Ahmed - Director


Z & H DISTRIBUTION LTD (Registered number: 04789488)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Z & H DISTRIBUTION LTD 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.


Z & H DISTRIBUTION LTD (Registered number: 04789488)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 150,000
AMORTISATION
At 1 August 2023 127,500
Charge for year 7,500
At 31 July 2024 135,000
NET BOOK VALUE
At 31 July 2024 15,000
At 31 July 2023 22,500

Z & H DISTRIBUTION LTD (Registered number: 04789488)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 380,806 123,574 52,766 557,146
Additions 18,450 2,378 - 20,828
At 31 July 2024 399,256 125,952 52,766 577,974
DEPRECIATION
At 1 August 2023 222,437 100,280 44,990 367,707
Charge for year 35,364 5,135 1,555 42,054
At 31 July 2024 257,801 105,415 46,545 409,761
NET BOOK VALUE
At 31 July 2024 141,455 20,537 6,221 168,213
At 31 July 2023 158,369 23,294 7,776 189,439

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 2,975,357 1,887,433
Other debtors 221,318 213,876
3,196,675 2,101,309

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,648 10,648
Hire purchase contracts 28,032 49,597
Trade creditors 1,929,472 1,556,883
Taxation and social security 369,034 65,004
Other creditors 661,394 572,287
2,998,580 2,254,419

Z & H DISTRIBUTION LTD (Registered number: 04789488)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,416 18,452
Hire purchase contracts 1,250 19,543
9,666 37,995

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
M Ahmed
Balance outstanding at start of year 454,866 375,906
Amounts advanced 47,021 78,960
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 501,887 454,866