Company No:
Contents
DIRECTOR | Christian Zugel |
REGISTERED OFFICE | C/O Dixon Wilson |
22 Chancery Lane | |
London | |
WC2A 1LS | |
United Kingdom |
COMPANY NUMBER | 08908933 (England and Wales) |
AUDITOR | Dixon Wilson Audit Services LLP |
22 Chancery Lane | |
London | |
WC2A 1LS | |
United Kingdom |
Note | 2021 | 2020 | ||
£ | £ | |||
Current assets | ||||
Debtors | 3 |
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Cash at bank and in hand |
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1,294,260 | 1,204,170 | |||
Creditors | ||||
Amounts falling due within one year | 4 | (
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Net current assets | 969,987 | 938,860 | ||
Total assets less current liabilities | 969,987 | 938,860 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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The financial statements of ZAIS Group (UK) Limited (registered number:
Christian Zugel
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
ZAIS Group (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The group operates an equity-settled, share-based compensation plan. The fair value of the employee services received is measured by reference to the estimated fair value at the grant date of equity instruments granted and is recognised as an expense over the vesting period. Awards are granted by and in the equity of the group holding company, and recognised as a capital contribution directly in equity in the Company's financial statements.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.
Deferred tax
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
2021 | 2020 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year |
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2021 | 2020 | ||
£ | £ | ||
Amounts owed by Group undertakings |
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Deferred tax asset |
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Other debtors |
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2021 | 2020 | ||
£ | £ | ||
Trade creditors |
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Other creditors |
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Corporation tax |
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In accordance with a services agreement and transfer pricing policies, the Company was remunerated £806,948 (2020 - £892,013) during the year by its parent company, ZAIS Group, LLC. At 31 December 2021 the amount of accrued income due from the parent was £1,178,628 (2020 - £1,112,634).
The audit report was signed by Gordon Spinks on behalf of Dixon Wilson Audit Services LLP.
Parent Company:
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USA |