Zai's of Fulham Limited

Zai's of Fulham Limited

ZAI'S OF FULHAM LIMITED - Company Information

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1 March 2019 false No description of principal activity Taxfiler 2020.12 07944995business:PrivateLimitedCompanyLtd2019-03-012020-02-29 079449952019-02-28 079449952019-03-012020-02-29 07944995business:AuditExempt-NoAccountantsReport2019-03-012020-02-29 07944995business:FullAccounts2019-03-012020-02-29 079449952020-02-29 07944995business:Director12019-03-012020-02-29 07944995business:RegisteredOffice2019-03-012020-02-29 079449952019-02-28 07944995core:WithinOneYear2020-02-29 07944995core:WithinOneYear2019-02-28 07944995core:ShareCapital2020-02-29 07944995core:ShareCapital2019-02-28 07944995core:RetainedEarningsAccumulatedLosses2020-02-29 07944995core:RetainedEarningsAccumulatedLosses2019-02-28 07944995business:SmallEntities2019-03-012020-02-29 07944995countries:EnglandWales2019-03-012020-02-29 07944995core:LandBuildings2019-03-012020-02-29 07944995core:FurnitureFittings2019-03-012020-02-29 07944995core:ComputerEquipment2019-03-012020-02-29 07944995core:LandBuildings2019-02-28 07944995core:FurnitureFittings2019-02-28 07944995core:ComputerEquipment2019-02-28 07944995core:LandBuildings2020-02-29 07944995core:FurnitureFittings2020-02-29 07944995core:ComputerEquipment2020-02-29 079449952018-03-012019-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07944995 (England and Wales)
Zai's of Fulham Limited Unaudited accounts for the year ended 29 February 2020
Zai's of Fulham Limited Unaudited accounts Contents
Page
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Zai's of Fulham Limited Company Information for the year ended 29 February 2020
Director
Janet Bolton
Company Number
07944995 (England and Wales)
Registered Office
120 Wandsworth Bridge Road Fulham London SW6 2TF
Accountants
Abacus Accounting Solutions Limited 5 Pasture Close North Wembley Middlesex HA0 3JE
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Zai's of Fulham Limited Statement of financial position as at 29 February 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,685 
1,973 
Current assets
Inventories
5
7,002 
6,785 
Debtors
6
6,293 
6,293 
Cash at bank and in hand
3,022 
4,202 
16,317 
17,280 
Creditors: amounts falling due within one year
7
(27,409)
(27,550)
Net current liabilities
(11,092)
(10,270)
Net liabilities
(9,407)
(8,297)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(9,417)
(8,307)
Shareholders' funds
(9,407)
(8,297)
For the year ending 29 February 2020 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 her 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 and authorised for issue on 5 November 2020 and were signed on its behalf by
Janet Bolton Director Company Registration No. 07944995
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Zai's of Fulham Limited Notes to the Accounts for the year ended 29 February 2020
1
Statutory information
Zai's of Fulham Limited is a private company, limited by shares, registered in England and Wales, registration number 07944995. The registered office is 120 Wandsworth Bridge Road, Fulham, London, SW6 2TF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 term of the lease
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2019
2,882 
269 
1,299 
4,450 
Additions
- 
- 
147 
147 
At 29 February 2020
2,882 
269 
1,446 
4,597 
Depreciation
At 1 March 2019
1,540 
233 
704 
2,477 
Charge for the year
240 
9 
186 
435 
At 29 February 2020
1,780 
242 
890 
2,912 
Net book value
At 29 February 2020
1,102 
27 
556 
1,685 
At 28 February 2019
1,342 
36 
595 
1,973 
5
Inventories
2020 
2019 
£ 
£ 
Finished goods
7,002 
6,785 
7,002 
6,785 
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Zai's of Fulham Limited Notes to the Accounts for the year ended 29 February 2020
6
Debtors
2020 
2019 
£ 
£ 
Other debtors
6,293 
6,293 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
354 
- 
Taxes and social security
4,764 
2,637 
Other creditors
21,271 
23,838 
Accruals
1,020 
1,075 
27,409 
27,550 
8
Average number of employees
During the year the average number of employees was 1 (2019: 3).
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