ACCOUNTS - Final Accounts

ZW AUTOMOTIVE SERVICES LIMITED - Company Information

Registered number: 09263236

ZW AUTOMOTIVE SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019


ZW AUTOMOTIVE SERVICES LIMITED REGISTERED NUMBER:09263236

BALANCE SHEET

AS AT 31 OCTOBER 2019

	2019	2018
Note	£	£

Fixed assets
Investments	4	1	1
		1	1

Total assets less current liabilities		1	1

Net assets		1	1

Capital and reserves
Called up share capital	1	1
	1	1

For the year ended 31 October 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 October 2020.

Zaafir Waheed

Director

The notes on pages 2 to 3 form part of these financial statements.


ZW AUTOMOTIVE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

1.	General information

ZW Automotive Services Limited is a private limited company, registered in England and wales with registration number 09263236. The registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company is dormant and has not commenced to trade.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

3.	Employees
	Staff costs were as follows:

The average monthly number of employees, including directors, during the year was 1 (2018 - 1).


ZW AUTOMOTIVE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 November 2018	1
	At 31 October 2019	1

	Net book value
	At 31 October 2019	1
	At 31 October 2018	1

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Country of incorporation	Class of shares	Holding	Principal activity

AEDesign GmbH

Germany

Ordinary

100%

Engineering design services