| Zent South East Limited |
| Registered number: |
06897196 |
| Balance Sheet |
| as at 31 May 2020 |
|
| Notes |
|
|
2020 |
|
|
2019 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
825 |
|
|
1,100 |
|
| Current assets |
| Stocks |
|
|
4,775 |
|
|
1,245 |
| Investments held as current assets |
4 |
|
66 |
|
|
3,323 |
| Cash at bank and in hand |
|
|
315 |
|
|
272 |
|
|
|
5,156 |
|
|
4,840 |
|
| Creditors: amounts falling due within one year |
5 |
|
(44,565) |
|
|
(32,222) |
|
|
|
|
|
(39,409) |
|
|
(27,382) |
|
|
|
|
|
(38,584) |
|
|
(26,282) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(38,586) |
|
|
(26,284) |
|
| Shareholders' funds |
|
|
|
(38,584) |
|
|
(26,282) |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges her 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. |
|
|
|
|
| J Linnell |
| Director |
| Approved by the board on 3 November 2020 |
|
| Zent South East Limited |
| Notes to the Accounts |
| for the year ended 31 May 2020 |
|
|
| 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 sale of goods and from the rendering of services. |
|
|
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 |
25% reducing balance basis |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. 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. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the past periods. |
|
|
| 2 |
Employees |
2020 |
|
2019 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 June 2019 |
3,872 |
|
At 31 May 2020 |
3,872 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2019 |
2,772 |
|
Charge for the year |
275 |
|
At 31 May 2020 |
3,047 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2020 |
825 |
|
At 31 May 2019 |
1,100 |
|
|
| 4 |
Investments held as current assets |
2020 |
|
2019 |
| £ |
£ |
|
Fair value |
|
Listed investments |
66 |
|
3,323 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
| £ |
£ |
|
|
Taxation and social security costs |
- |
|
- |
|
Other creditors |
44,565 |
|
32,222 |
|
|
|
|
|
|
44,565 |
|
32,222 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Zent South East Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
5 Reed Pond Walk |
|
Langdon Hills |
|
Basildon |
|
Essex |
|
SS16 6AX |
