Z1N5 LIMITED - Filleted accounts

Registered number

08320117

Z1N5 LIMITED

Filleted Accounts

28 December 2024

Z1N5 LIMITED
Registered number:		08320117
Balance Sheet
as at 28 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		109,933			84,439

Current assets
Debtors	4	159			27,799
Cash at bank and in hand		28,450			27,301
		28,609			55,100

Creditors: amounts falling due within one year	5	(59,694)			(36,288)

Net current (liabilities)/assets			(31,085)			18,812

Total assets less current liabilities			78,848			103,251

Creditors: amounts falling due after more than one year	6		(32,246)			(39,313)



Net assets			46,602			63,938

Capital and reserves
Called up share capital			160			160
Profit and loss account			46,442			63,778

Shareholders' funds			46,602			63,938

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 members have 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.




Julian Jones
Director
Approved by the board on 24 December 2025

Z1N5 LIMITED
Notes to the Accounts
for the period from 30 December 2023 to 28 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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	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			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 30 December 2023	72,510		54,454		126,964
	Additions	2,800		91,221		94,021
	At 28 December 2024	75,310		145,675		220,985

	Depreciation
	At 30 December 2023	35,687		6,838		42,525
	Charge for the period	9,603		58,924		68,527
	At 28 December 2024	45,290		65,762		111,052

	Net book value
	At 28 December 2024	30,020		79,913		109,933
	At 29 December 2023	36,823		47,616		84,439


4	Debtors			2024		2023
£					£

	Trade debtors			65		27,073
	Other debtors			94		726
				159		27,799


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

	Bank loans and overdrafts			4,000		4,000
	Obligations under finance lease and hire purchase contracts			5,651		8,484
	Trade creditors			3,548		2,299
	Taxation and social security costs			19,448		20,034
	Other creditors			27,047		1,471
				59,694		36,288


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

	Bank loans			1,668		5,668
	Obligations under finance lease and hire purchase contracts			30,578		33,645
				32,246		39,313


7	Controlling party

	The company was in both the current and preceding accounting periods under the ultimate control of its director by virtue of his ownership, together with associates, of the company’s entire issued share capital.


8	Other information

	Z1N5 LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	175 High Street
	Hadley Green
	Barnet
	Herts
	EN5 5SU