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Company Registration No. 03889057 (England and Wales)
ZCARS LTD Unaudited accounts for the year ended 31 December 2024
ZCARS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
ZCARS LTD Company Information for the year ended 31 December 2024
Director
C. H. Allanson
Company Number
03889057 (England and Wales)
Registered Office
GALLOWS FARM HULL ROAD ALDBROUGH EAST YORKSHIRE HU11 4RE
Accountants
SD ACCOUNTING SERVICES 8 MONMOUTH STREET HULL EAST YORKSHIRE HU4 6QL
- 3 -
ZCARS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
347,966 
370,064 
Current assets
Inventories
115,278 
108,000 
Debtors
5
18,650 
54,843 
Cash at bank and in hand
24,029 
20,015 
157,957 
182,858 
Creditors: amounts falling due within one year
6
(126,707)
(133,062)
Net current assets
31,250 
49,796 
Total assets less current liabilities
379,216 
419,860 
Creditors: amounts falling due after more than one year
7
(134,087)
(163,058)
Provisions for liabilities
Deferred tax
(26,663)
(28,343)
Net assets
218,466 
228,459 
Capital and reserves
Called up share capital
75 
75 
Share premium
73,491 
73,491 
Profit and loss account
144,900 
154,893 
Shareholders' funds
218,466 
228,459 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 September 2025 and were signed on its behalf by
C. H. Allanson Director Company Registration No. 03889057
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ZCARS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ZCARS LTD is a private company, limited by shares, registered in England and Wales, registration number 03889057. The registered office is GALLOWS FARM, HULL ROAD, ALDBROUGH, EAST YORKSHIRE, HU11 4RE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
34,709 
667,181 
271,573 
19,773 
993,236 
Additions
70,928 
- 
- 
- 
70,928 
Disposals
- 
- 
(56,579)
- 
(56,579)
At 31 December 2024
105,637 
667,181 
214,994 
19,773 
1,007,585 
Depreciation
At 1 January 2024
34,709 
495,820 
72,914 
19,729 
623,172 
Charge for the year
- 
44,848 
10,750 
15 
55,613 
On disposals
- 
- 
(19,166)
- 
(19,166)
At 31 December 2024
34,709 
540,668 
64,498 
19,744 
659,619 
Net book value
At 31 December 2024
70,928 
126,513 
150,496 
29 
347,966 
At 31 December 2023
- 
171,361 
198,659 
44 
370,064 
- 5 -
ZCARS LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
40,643 
Trade debtors
18,650 
14,200 
18,650 
54,843 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,655 
- 
Obligations under finance leases and hire purchase contracts
39,746 
39,746 
Trade creditors
2,045 
32,617 
Taxes and social security
8,149 
- 
Other creditors
58,349 
58,350 
Loans from directors
9,763 
2,349 
126,707 
133,062 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
134,087 
163,058 
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).
- 6 -