Zingren Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09757994 (England and Wales)

Unaudited Financial Statements

for the Period 30 September 2019 to 5 April 2020

for

Zingren Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K W G Almond

Mr P M Almond

Mr L Almond

Dr K Almond

Ms J U Deville-Almond

REGISTERED OFFICE:

Durham House

73 Station Road

Codsall

Wolverhampton

WV8 1BZ

REGISTERED NUMBER:

09757994 (England and Wales)

ACCOUNTANTS:

Portfolio Accountants

3 The Courtyard

Timothys Bridge Road

Stratford-upon-Avon

CV37 9NP

FIXED ASSETS

Tangible assets

4

971

1,304

CURRENT ASSETS

Debtors

5

547,319

555,317

Cash at bank

2,049

7,689

549,368

563,006

CREDITORS

Amounts falling due within one year

6

561,373

570,663

NET CURRENT LIABILITIES

(12,005

)

(7,657

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,034

)

(6,353

)

CAPITAL AND RESERVES

Called up share capital

7

6

6

Fair value reserve

94

94

Retained earnings

(11,134

)

(6,453

)

SHAREHOLDERS' FUNDS

(11,034

)

(6,353

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2021 and were signed on its behalf by:

Mr K W G Almond - Director

1.	STATUTORY INFORMATION

Zingren Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company.All monetary amounts are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Significant judgements and estimates

In the application of the company’s accounting policies, the directors are required to make judgements,estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2019 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 September 2019

and 5 April 2020

1,947

DEPRECIATION

At 30 September 2019

643

Charge for period

333

At 5 April 2020

976

NET BOOK VALUE

At 5 April 2020

971

At 29 September 2019

1,304

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

29.9.19

£

£

Amounts owed by group undertakings

547,317

555,317

Other debtors

2

-

547,319

555,317

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

29.9.19

£

£

Trade creditors

780

-

Other creditors

560,593

570,663

561,373

570,663

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.20

29.9.19

value:

£

£

6

Ordinary

1

6

6