Zest Ventures Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05268456 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Zest Ventures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

Mr R A Boughton

Mr M A J Boughton

SECRETARY:

ShennanS Nominees Limited

REGISTERED OFFICE:

Sanderum House

Oakley Road

Chinnor

Oxfordshire

OX9 4TW

REGISTERED NUMBER:

05268456 (England and Wales)

CURRENT ASSETS

Debtors

476,206

797,093

Cash at bank

766,134

429,217

1,242,340

1,226,310

CREDITORS

Amounts falling due within one year

5,362

6,627

NET CURRENT ASSETS

1,236,978

1,219,683

TOTAL ASSETS LESS CURRENT LIABILITIES

1,236,978

1,219,683

CAPITAL AND RESERVES

Called up share capital

2

50,000

50,000

Profit and loss account

1,186,978

1,169,683

SHAREHOLDERS' FUNDS

1,236,978

1,219,683

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 August 2016 and were signed on its behalf by:

Mr M A J Boughton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange

ruling at the balance sheet date. Transactions in foreign currencies are translated into

sterling at the rate of exchange ruling at the date of transaction. Exchange differences are

taken into account in arriving at the operating result.

Turnover

Turnover represents the income from investments.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

50,000

Ordinary shares

£1

50,000

50,000

3.	ULTIMATE PARENT COMPANY

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to four) have been prepared.

In accordance with our terms of engagement, and in order to assist you to fulfil your duties under

the Companies Act 2006, we have compiled the accounts of the Company which comprise the

Profit and Loss Account, Balance Sheet and the related notes from the accounting records and

information and explanations you have given us.

The report is made to the Company's Board of Directors, as a body, in accordance with the terms

of our engagement. Our work has been undertaken so that we might compile the accounts that

we have been engaged to compile, report to the Company's Board of Directors that we have done

so, and state those matters that we have agreed to state to them in this report and for no other

purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than the Company and the Company's Board of Directors, as a body, for our work or

for this report.

You have acknowledged on the balance sheet your duty to ensure that the Company has kept

proper accounting records and to prepare accounts that give a true and fair view under the

Companies Act 2006. You consider that the Company is exempt from the statutory requirement

for an audit for the year.

We have not been instructed to carry out and audit of the accounts.

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 accounts.

APS Accountancy Ltd

Sanderum House

38 Oakley Road

Chinnor

Oxfordshire

OX39 4TW

31 August 2016