COMPANY REGISTRATION NUMBER:
3329235
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Zone Plant Training Services Ltd |
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Filleted Unaudited Financial Statements |
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Zone Plant Training Services Ltd |
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Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Zone Plant Training Services Ltd |
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Year ended 31 March 2025
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
VAGHELA & CO. (SERVICES) LTD.
Chartered Certified Accountants
P.O. Box 10901
Birmingham
B1 1ZQ
2 January 2026
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Zone Plant Training Services Ltd |
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Statement of Financial Position |
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31 March 2025
Current assets
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Debtors |
6 |
18,662 |
|
26,828 |
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Cash at bank and in hand |
62,969 |
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60,541 |
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-------- |
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-------- |
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81,631 |
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87,369 |
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|
|
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Creditors: amounts falling due within one year |
7 |
8,725 |
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24,748 |
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-------- |
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-------- |
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Net current assets |
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72,906 |
62,621 |
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-------- |
-------- |
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Total assets less current liabilities |
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72,906 |
62,621 |
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-------- |
-------- |
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Net assets |
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72,906 |
62,621 |
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-------- |
-------- |
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Capital and reserves
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Called up share capital |
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100 |
100 |
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Profit and loss account |
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72,806 |
62,521 |
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-------- |
-------- |
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Shareholders funds |
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72,906 |
62,621 |
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-------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
2 January 2026
, and are signed on behalf of the board by:
Company registration number:
3329235
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Zone Plant Training Services Ltd |
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Notes to the Financial Statements |
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Year ended 31 March 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 116 Summer Road, Erdington, Birmingham, B23 6DY.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).
5.
Tax on profit
Major components of tax expense
Current tax:
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UK current tax expense |
2,412 |
13,549 |
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------- |
-------- |
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Tax on profit |
2,412 |
13,549 |
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------- |
-------- |
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Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the year is the same as (2024: the same as) the
standard rate of corporation tax in the UK
of
19
% (2024:
24.26
%).
|
2025 |
2024 |
|
£ |
£ |
|
Profit on ordinary activities before taxation |
12,697 |
55,845 |
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-------- |
-------- |
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Profit on ordinary activities by rate of tax |
2,412 |
13,549 |
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-------- |
-------- |
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6.
Debtors
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2025 |
2024 |
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£ |
£ |
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Trade debtors |
32 |
5,820 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
2,378 |
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Other debtors |
18,630 |
18,630 |
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-------- |
-------- |
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18,662 |
26,828 |
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-------- |
-------- |
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7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
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£ |
£ |
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Trade creditors |
(
255) |
719 |
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Corporation tax |
2,412 |
13,549 |
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Social security and other taxes |
3,308 |
7,220 |
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Other creditors |
3,260 |
3,260 |
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------- |
-------- |
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8,725 |
24,748 |
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------- |
-------- |
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8.
Director's advances, credits and guarantees
At 31st March 2025, other creditors include the following amounts due to the director:-
Mr J. Munnelly
£2,260 (2024 - £2,260) The loans are interest free and repayable on demand
9.
Related party transactions
There are no amounts due or outstanding at the period end with any related parties.