REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 29 February 2024 |
for |
C & Z EQUITY LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 29 February 2024 |
for |
C & Z EQUITY LTD |
C & Z EQUITY LTD (REGISTERED NUMBER: 13906949) |
Contents of the Financial Statements |
for the year ended 29 FEBRUARY 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
C & Z EQUITY LTD |
Company Information |
for the year ended 29 FEBRUARY 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Thistledown Barn |
204 Holcot Road |
Sywell |
Northampton |
Northamptonshire |
NN6 0BG |
C & Z EQUITY LTD (REGISTERED NUMBER: 13906949) |
Abridged Balance Sheet |
29 FEBRUARY 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
C & Z EQUITY LTD (REGISTERED NUMBER: 13906949) |
Abridged Balance Sheet - continued |
29 FEBRUARY 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
C & Z EQUITY LTD (REGISTERED NUMBER: 13906949) |
Notes to the Financial Statements |
for the year ended 29 FEBRUARY 2024 |
1. | STATUTORY INFORMATION |
C & Z Equity Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investment in a subsidiary company is held at cost less accumulated impairment losses. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 March 2023 |
and 29 February 2024 | 100 |
NET BOOK VALUE |
At 29 February 2024 | 100 |
At 28 February 2023 | 100 |
C & Z EQUITY LTD (REGISTERED NUMBER: 13906949) |
Notes to the Financial Statements - continued |
for the year ended 29 FEBRUARY 2024 |
4. | FIXED ASSET INVESTMENTS - continued |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: 26 Mackintosh Drive Earls Barton, Northampton, Northamptonshire, England, NN6 0FS |
Nature of business: |
% |
Class of shares: | holding |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary £1 | £1 | 80 | 80 |
Ordinary 10p | 10p | 20 | 20 |
100 | 100 |
6. | RELATED PARTY DISCLOSURES |
During the year, the company was in receipt of funds of £2,500 from C & C Machine Services Limited, a company in which Mr C Langton has a controlling interest. This amount consists of a mixture of cash and the payment of expenses on the company's behalf. The balance outstanding at the end of the accounting period is £27,500. |
The company paid funds of £2,400 to C & Z Property Limited, a company in which C & Z Equity Ltd has a controlling interest. This amount consists of a mixture of cash and the purchase of shares in the subsidiary. The balance outstanding at the end of the accounting period is £27,300. |