Zodiac Finance Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 00854758 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

ZODIAC FINANCE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

H A Thew

S R Thew

M W Oates

SECRETARY:

M W Oates

REGISTERED OFFICE:

Brigade House

86 Kirkstall Road

Leeds

LS3 1LQ

REGISTERED NUMBER:

00854758 (England and Wales)

ACCOUNTANTS:

Sedulo Leeds Limited

St Paul's House

23 Park Square

Leeds

West Yorkshire

LS1 2ND

CURRENT ASSETS

Debtors

4

2,322,713

2,198,000

Cash at bank

229,079

163,469

2,551,792

2,361,469

CREDITORS

Amounts falling due within one year

5

1,370,219

1,290,654

NET CURRENT ASSETS

1,181,573

1,070,815

TOTAL ASSETS LESS CURRENT LIABILITIES

1,181,573

1,070,815

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

1

1

Retained earnings

1,180,572

1,069,814

SHAREHOLDERS' FUNDS

1,181,573

1,070,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 22 December 2023 and were signed on its behalf by:

S R Thew - Director

1.	STATUTORY INFORMATION

Zodiac Finance Limited 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.

The principal activity of the company in the year under review was that of a provider of finance.

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. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

At the time of signing these accounts, having considered the economic climate, the Directors expectations and intentions for the next twelve months, and the availability of working capital, the Directors are of the opinion that the Company will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.

Turnover

Turnover represents net finance charges receivable and are recognised evenly over the life of the monies advanced.

Taxation

Taxation for the year relates to current 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Trade debtors

2,207,713

2,083,000

Other debtors

115,000

115,000

2,322,713

2,198,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Taxation and social security

43,857

34,435

Other creditors

1,326,362

1,256,219

1,370,219

1,290,654