Company Registration No. 02859036 (England and Wales)
ZEAL RESOLUTION LIMITED
Unaudited Financial Statements
for the period from 1 October 2021 to 31 March 2023
ZEAL RESOLUTION LIMITED
Unaudited Financial Statements
Contents
ZEAL RESOLUTION LIMITED
Company Information
for the period from 1 October 2021 to 31 March 2023
Directors
Nadarajah Thevananth
Bhavani Thevananth
Neviea Thevananth
Nathiyaa Thevananth
Company Number
02859036 (England and Wales)
Registered Office
234 Uxbridge Road
Hampton Hill
Hampton
Middlesex
TW12 1AY
England
ZEAL RESOLUTION LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
22,804
50,939
Creditors: amounts falling due within one year
(20,902)
(23,223)
Net current assets
67,534
27,864
Total assets less current liabilities
154,028
27,864
Creditors: amounts falling due after more than one year
(71,338)
(18,580)
Called up share capital
1,000
150
Profit and loss account
81,690
9,134
Shareholders' funds
82,690
9,284
For the period ending 31 March 2023 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by
Nadarajah Thevananth
Director
Company Registration No. 02859036
ZEAL RESOLUTION LIMITED
Notes to the Accounts
for the period from 1 October 2021 to 31 March 2023
ZEAL RESOLUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02859036. The registered office is 234 Uxbridge Road, Hampton Hill, Hampton, Middlesex, TW12 1AY, England.
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.
These financial statements for the period from 1 October 2021 to 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Straight Line
Fixtures & fittings
33.33% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
82,939
3,625
2,515
89,079
At 31 March 2023
82,939
3,625
2,515
89,079
Charge for the period
1,708
604
273
2,585
At 31 March 2023
1,708
604
273
2,585
At 31 March 2023
81,231
3,021
2,242
86,494
ZEAL RESOLUTION LIMITED
Notes to the Accounts
for the period from 1 October 2021 to 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
13,421
-
6
Creditors: amounts falling due within one year
2023
2021
Taxes and social security
-
2,108
Loans from directors
20,902
21,115
7
Creditors: amounts falling due after more than one year
2023
2021
Obligations under finance leases and hire purchase contracts
59,147
-
8
Average number of employees
During the period the average number of employees was 3 (2021: 3).