ZAZZA_SERVICES_LIMITED - Accounts

ZAZZA SERVICES LTD - Company Information

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Company Registration No. 06860856 (England and Wales)

ZAZZA SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

ZAZZA SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ZAZZA SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

as restated

Notes

Fixed assets

Tangible assets

2,585

2,284

Current assets

Debtors

12,620

18,397

Cash at bank and in hand

785

2,218

13,405

20,615

Creditors: amounts falling due within one year

(18,183)

(13,655)

Net current (liabilities)/assets

(4,778)

6,960

Total assets less current liabilities

(2,193)

9,244

Capital and reserves

Called up share capital

Profit and loss account

(2,194)

9,243

Shareholders' funds

(2,193)

9,244

For the financial year ended 31 March 2014 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 13 November 2014

Mr F Farah

Director

Company Registration No. 06860856

ZAZZA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 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

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net trade discounts.

1.4

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:

Computer equipment

25% reducing balance basis

Fixtures, fittings & equipment

25% reducing balance basis

Motor vehicles

Fixed assets

Tangible assets

Cost

At 1 April 2013

3,703

Additions

1,164

At 31 March 2014

4,867

Depreciation

At 1 April 2013

1,419

Charge for the year

863

At 31 March 2014

2,282

Net book value

At 31 March 2014

2,585

At 31 March 2013

2,284

Share capital

2014

2013

Allotted, called up and fully paid

1 Ordinary share of £1 each

ZAZZA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

- 3 -

Related party relationships and transactions

Other transactions

At the year end the director, Mr F Farah, was owed monies by the company totalling £16131 (2013 - £12092).

During the year the company raised invoices for professional services to Consult 24/7 Limited, a company jointly owned and managed by the director, Mr F Farah. Invoices raised in the year totalled £32,000, there was no balance due at the year end.