ZINC CONSULTANTS LTD - Period Ending 2014-06-30

Registration number: 08520076

ZINC CONSULTANTS LTD

trading as Zinc Consultants Ltd

Unaudited Abbreviated Accounts

for the Period from 8 May 2013 to 30 June 2014

 

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

ZINC CONSULTANTS LTD
trading as Zinc Consultants Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
ZINC CONSULTANTS LTD
trading as Zinc Consultants Ltd
for the Period Ended 30 June 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ZINC CONSULTANTS LTD for the period ended 30 June 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of ZINC CONSULTANTS LTD, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of ZINC CONSULTANTS LTD and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ZINC CONSULTANTS LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that ZINC CONSULTANTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ZINC CONSULTANTS LTD. You consider that ZINC CONSULTANTS LTD is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of ZINC CONSULTANTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

23 September 2014

Page 1

ZINC CONSULTANTS LTD
trading as Zinc Consultants Ltd
(Registration number: 08520076)
Abbreviated Balance Sheet at 30 June 2014

		Note			30 June 2014 £
Fixed assets
Tangible fixed assets					2,621
Current assets
Debtors					167,145
Cash at bank and in hand					229,828
					396,973
Creditors: Amounts falling due within one year					(200,360)
Net current assets					196,613
Net assets					199,234
Capital and reserves
Called up share capital		3			10
Profit and loss account					199,224
Shareholders' funds					199,234

For the year ending 30 June 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 23 September 2014 and signed on its behalf by:

.........................................
Mr C Flavell
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

ZINC CONSULTANTS LTD
trading as Zinc Consultants Ltd
Notes to the Abbreviated Accounts for the Period from 8 May 2013 to 30 June 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	33.33% straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		3,931			3,931
At 30 June 2014		3,931			3,931
Depreciation
Charge for the period		1,310			1,310
At 30 June 2014		1,310			1,310
Net book value
At 30 June 2014		2,621			2,621

Page 3

ZINC CONSULTANTS LTD
trading as Zinc Consultants Ltd
Notes to the Abbreviated Accounts for the Period from 8 May 2013 to 30 June 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	30 June 2014
		No.			£
Ordinary A shares of £1 each		4			4
Ordinary B shares of £1 each		6			6
		10			10

New shares allotted

During the period 10 Ordinary shares having an aggregate nominal value of £1 were allotted for an aggregate consideration of £10. The issue of shares was to establish a capital base.

Page 4