Z & SON LIMITED - Accounts

Z & SON LIMITED
Contents Page
For the year ended 31 December 2024

Statement of financial position	1
Notes to the financial statements	2

Z & SON LIMITED
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	4	7,169	150
		7,169	150
Current assets
Stocks		6,575	10,565
Debtors		467	377
Cash at bank and in hand		11,183	12,095
		18,225	23,037
Creditors: amount falling due within one year		(1,165)	(840)
Net current assets		17,060	22,197

Total assets less current liabilities		24,229	22,347
Net assets		24,229	22,347

Capital and reserves
Called up share capital		100	100
Profit and loss account		24,129	22,247
Shareholders' funds		24,229	22,347

For the accounting year the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 22 September 2025 and were signed by:

-------------------------------
Parvaiz Zia Butt
Director

1

Z & SON LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 December 2024

General Information

Z & SON LIMITED is a private company, limited by shares, registered in England, registration number 09927104, registration address Ground Floor,, 48 White Horse Road, London, E1 0ND.

The presentation currency is £ sterling

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Cost of sales comprises the value of goods and services purchased by the company, net of Value Added Tax and trade discounts as applicable.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

The tax charged on the profit on ordinary activities using applicable standard taxation provisions in use.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

15% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.

Staff Costs

	2024 £	2023 £
Wages and salaries	15,490	15,486
	15,490	15,486

Average number of employees during the year	Number	Number
Administration	1	1
Sales	1	1
	2	2

3.	Average number of employees Average number of employees during the year was 2 (2023 : 2).

4.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£
At 01 January 2024	-	549	549
Additions	8,285	-	8,285
Disposals	-	-	-
At 31 December 2024	8,285	549	8,834
Depreciation
At 01 January 2024	-	399	399
Charge for year	1,243	23	1,266
On disposals	-	-	-
At 31 December 2024	1,243	422	1,665
Net book values
Closing balance as at 31 December 2024	7,042	127	7,169
Opening balance as at 01 January 2024	-	150	150

2

Registered Number: 09927104
England and Wales
Z & SON LIMITED

Abridged Accounts

Period of accounts Start date: 01 January 2024 End date: 31 December 2024