ZKK_LIMITED - Accounts

ZKK LIMITED - Company Information

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Company Registration No. 02476254 (England and Wales)

ZKK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

ZKK LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ZKK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

2,010

584

Current assets

Debtors

19,541

13,548

Cash at bank and in hand

16,575

12,885

36,116

26,433

Creditors: amounts falling due within one year

(29,877)

(16,505)

Net current assets

6,239

9,928

Total assets less current liabilities

8,249

10,512

Capital and reserves

Called up share capital

Profit and loss account

8,247

10,510

Shareholders' funds

8,249

10,512

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has 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 25 September 2014

K O'Neil

Director

Company Registration No. 02476254

ZKK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 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 amounts receivable for services net of VAT. Income is recognised by the stage of completion of the production at the year end.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

33% Straight line

Fixed assets

Tangible assets

Cost

At 1 January 2013

8,746

Additions

2,940

At 31 December 2013

11,686

Depreciation

At 1 January 2013

8,162

Charge for the year

1,514

At 31 December 2013

9,676

Net book value

At 31 December 2013

2,010

At 31 December 2012

584

Share capital

2013

2012

Allotted, called up and fully paid

2 Ordinary shares of £1 each

ZKK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Related party relationships and transactions

Loans to directors

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

K O'Neil

10,236

3,790

6,446

10,236

3,790

6,446