ZENTONE_PROPERTIES_LIMITE - Accounts

ZENTONE PROPERTIES LIMITED - Company Information

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Company Registration No. 01305405 (England and Wales)

ZENTONE PROPERTIES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

ZENTONE PROPERTIES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ZENTONE PROPERTIES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Current assets

Stocks

182,420

Debtors

26,045

10,595

Cash at bank and in hand

5,024

7,936

213,489

200,951

Creditors: amounts falling due within one year

(139,274)

(125,373)

Total assets less current liabilities

74,215

75,578

Capital and reserves

Called up share capital

10,200

Profit and loss account

64,015

65,378

Shareholders' funds

74,215

75,578

For the financial year ended 30 September 2015 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 abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 November 2015

E Goozee

Director

Company Registration No. 01305405

ZENTONE PROPERTIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales during the year.

1.3

Stock

Stock is valued at the lower of cost and net realisable value.

1.4

Financial instruments

Financial instruments are classified and accounted for, according to the substance of contractual arrangement, as either financial assets, financial liabilities or equity instruments, as defined in FRS 25, Financial Instruments: Disclosure and Presentation. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Share capital

2015

2014

Allotted, called up and fully paid

10,100 Ordinary share of £1 each

10,100

100 Ordinary 'A' share of £1 each

100

10,200

The ordinary shares carry one vote each, the right to dividends and to share in any surplus on winding up the company. The 'A' shares carry no rights to vote or to share in a surplus on winding up.