Company registration number 04818467 (England and Wales)
ZEROTH ACTIVE ZONE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
ZEROTH ACTIVE ZONE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
ZEROTH ACTIVE ZONE LIMITED (REGISTERED NUMBER: 04818467)
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,272
3,029
Current assets
Debtors
4
14,546
17,810
Creditors: amounts falling due within one year
5
(13,271)
(14,778)
Net current assets
1,275
3,032
Total assets less current liabilities
3,547
6,061
Creditors: amounts falling due after more than one year
6
(2,586)
(5,051)
Provisions for liabilities
(387)
(515)
Net assets
574
495
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
572
493
Total equity
574
495
ZEROTH ACTIVE ZONE LIMITED (REGISTERED NUMBER: 04818467)
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
For the financial year ended 31 December 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 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 27 August 2025 and are signed on its behalf by:
Mr J Maynard
Director
ZEROTH ACTIVE ZONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information
Zeroth Active Zone Limited is a private company limited by shares incorporated in England and Wales. The registered office is 29 Cranborne Avenue, Maidstone, Kent, ME15 7EB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:
The amount of turnover can be measured reliably
It is probable that the company will receive the consideration due under the contract
The stage of completion of the contract at the end of the reporting period can be measured reliably
The costs incurred and the costs to complete the contract can be measured reliably
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements
25% on reducing balance
Fixtures, fittings & equipment
25% on reducing balance
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
ZEROTH ACTIVE ZONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Leasehold improvements
Fixtures, fittings & equipment
Total
£
£
£
Cost
At 1 January 2024 and 31 December 2024
103,933
71,625
175,558
Depreciation and impairment
At 1 January 2024
103,617
68,912
172,529
Depreciation charged in the year
79
678
757
At 31 December 2024
103,696
69,590
173,286
Carrying amount
At 31 December 2024
237
2,035
2,272
At 31 December 2023
316
2,713
3,029
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
14,546
17,810
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
5,996
3,370
Trade creditors
1,865
1,808
Taxation and social security
2,471
6,800
Other creditors
2,939
2,800
13,271
14,778
ZEROTH ACTIVE ZONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
2,586
5,051
7
Directors' transactions
At the balance sheet date there was an overdrawn director's loan account balance of £10,052 (2023: £13,316).