Company Registration No. 11953924 (England and Wales)
Zedled Repair Limited
Unaudited accounts
for the year ended 30 April 2021
Zedled Repair Limited
Unaudited accounts
Contents
Zedled Repair Limited
Company Information
for the year ended 30 April 2021
Directors
Zsofia Gidro
Zoltan Kovacs
Company Number
11953924 (England and Wales)
Registered Office
North Suite, Ground Floor
Saracen House, Swan Street,
Isleworth
Middlesex
TW7 6RJ
Accountants
Abacus Accounting Solutions Limited
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Zedled Repair Limited
Statement of financial position
as at
30 April 2021
Tangible assets
11,185
9,282
Cash at bank and in hand
29,666
14,739
Creditors: amounts falling due within one year
(57,118)
(56,977)
Net current assets/(liabilities)
10,555
(9,096)
Total assets less current liabilities
21,740
186
Creditors: amounts falling due after more than one year
(21,564)
-
Called up share capital
2
2
Profit and loss account
174
184
Shareholders' funds
176
186
For the year ending 30 April 2021 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 15 January 2022 and were signed on its behalf by
Zoltan Kovacs
Director
Company Registration No. 11953924
Zedled Repair Limited
Notes to the Accounts
for the year ended 30 April 2021
Zedled Repair Limited is a private company, limited by shares, registered in England and Wales, registration number 11953924. The registered office is North Suite, Ground Floor, Saracen House, Swan Street,, Isleworth, Middlesex, TW7 6RJ.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
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:
Land & buildings
Over the period of the lease
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Zedled Repair Limited
Notes to the Accounts
for the year ended 30 April 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2020
1,379
6,581
2,753
1,740
12,453
Additions
-
4,099
1,320
807
6,226
At 30 April 2021
1,379
10,680
4,073
2,547
18,679
At 1 May 2020
402
1,646
688
435
3,171
Charge for the year
689
2,259
847
528
4,323
At 30 April 2021
1,091
3,905
1,535
963
7,494
At 30 April 2021
288
6,775
2,538
1,584
11,185
At 30 April 2020
977
4,935
2,065
1,305
9,282
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
29,766
25,512
Accrued income and prepayments
4,395
3,784
Other debtors
3,846
3,846
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
4,841
-
Taxes and social security
13,491
11,578
Other creditors
25,074
37,389
7
Creditors: amounts falling due after more than one year
2021
2020
Zedled Repair Limited
Notes to the Accounts
for the year ended 30 April 2021
8
Operating lease commitments
2021
2020
At 30 April 2021 the company has total minimum future payment commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within one year
2,671
6,410
Within two to five years
-
2,671
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).