Company Registration No. 08026557 (England and Wales)
Zest Partnership Limited
Unaudited accounts
for the year ended 31 March 2018
Zest Partnership Limited
Statement of financial position
as at 31 March 2018
Cash at bank and in hand
3,613
2,176
Creditors: amounts falling due within one year
(5,546)
(12,363)
Net current assets/(liabilities)
3,736
(297)
Called up share capital
2
2
Profit and loss account
4,198
24
Shareholders' funds
4,200
26
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 October 2018.
Chris Curson
Director
Company Registration No. 08026557
Zest Partnership Limited
Notes to the Accounts
for the year ended 31 March 2018
Zest Partnership Limited is a private company, limited by shares, registered in England and Wales, registration number 08026557. The registered office is 12 DALE WAY, FERNWOOD, NEWARK, NOTTINGHAMSHIRE, NG24 3GH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 31 March 2018
1,267
120
1,387
Charge for the year
418
30
448
At 31 March 2018
893
30
923
At 31 March 2018
374
90
464
At 31 March 2017
323
-
323
Zest Partnership Limited
Notes to the Accounts
for the year ended 31 March 2018
Accrued income and prepayments
1,031
5,137
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
4,634
11,763
7
Average number of employees
During the year the average number of employees was 2 (2017: 2).
