Zenya Limited - Filleted accounts

Registered number

03887482

Zenya Limited

Filleted Accounts

31 December 2024

Zenya Limited
Registered number:		03887482
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		-			208
Investments	4		1,750,000			1,450,000
			1,750,000			1,450,208

Current assets
Debtors	5	642,115			548,009
Cash at bank and in hand		242,763			268,066
		884,878			816,075

Creditors: amounts falling due within one year	6	(447,868)			(458,955)

Net current assets			437,010			357,120

Total assets less current liabilities			2,187,010			1,807,328


Provisions for liabilities			(147,218)			(72,218)


Net assets			2,039,791			1,735,108

Capital and reserves
Called up share capital			1			1
Fair Value Reserve			441,655			216,655
Profit and loss account			1,598,135			1,518,452

Shareholder's funds			2,039,791			1,735,108

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ronan Duffy			Garry Kaxe
Director			Director
Approved by the board on 15 September 2025

Zenya Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the provision of rental services and is recognised in the accounting period in which the services are rendered and the outcome of the contract can be estimated reliably.
	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery		20% Straight Line

	Investments
	Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
						Plant and machinery
£
	Cost
	At 1 January 2024					17,679
	At 31 December 2024					17,679

	Depreciation
	At 1 January 2024					17,471
	Charge for the year					208
	At 31 December 2024					17,679

	Net book value
	At 31 December 2024					-
	At 31 December 2023					208


4	Investments

Other
investments
£
	Valuation
	At 1 January 2024					1,450,000
	Increase in value of investments					300,000

	At 31 December 2024					1,750,000


5	Debtors			2024		2023
£					£

	Amounts owed by group undertakings and undertakings in which the director has a participating interest			642,115		548,009

	The company made a loan to Florduf Limited, a related party and the balance owed in relation to this loan is detailed above.

6	Creditors: amounts falling due within one year			2024		2023
£					£

	Amounts owed to connected parties (note 10)			152,518		166,425
	Trade creditors			5,895		5,665
	Corporation tax			26,433		24,087
	Other taxes and social security costs			1,265		2,990
	Other creditors			1,800		1,499
	Directors loan account (note 9)			259,957		258,289
				447,868		458,955


7	Events after the reporting date

	There have been no events since the balance sheet date which would require the financial statements to be re-stated.


8	Contingent liabilities

	As far as the directors are aware there are no contingent liabilities at 31st December 2024 not provided for in the accounts.


9	Loans repayable to directors
		B/fwd	Received	Repaid		C/fwd
		£	£	£		£

	Ronan Duffy	258,290	12,197	(10,530)		259,957

		258,290	12,197	(10,530)		259,957


10	Related party transactions			2024		2023
£					£

	The following amounts are due to other
	connected parties

	Rose Duffy			114,385		127,356
	Barry Duffy			101		1,037
	Freddie Duffy			10,066		10,066
	Florence Duffy			13,927		13,927
	Harriette Duffy			14,039		14,039
				152,518		166,425


11	Controlling party

	The Ultimate controlling party is Mr Ronan Duffy.


12	Other information

	Zenya Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3 High Street
	Thatcham
	England
	RG19 3JG