Company Registration No. 10557276 (England and Wales)
Zecast Technologies Limited
Unaudited accounts
for the year ended 31 January 2023
Zecast Technologies Limited
Unaudited accounts
Contents
Zecast Technologies Limited
Statement of financial position
as at 31 January 2023
Tangible assets
51,564
53,966
Cash at bank and in hand
1,282
5,216
Creditors: amounts falling due within one year
(62,017)
(70,602)
Net current liabilities
(60,667)
(68,718)
Total assets less current liabilities
2,147
(1,252)
Creditors: amounts falling due after more than one year
(113,877)
(102,732)
Net liabilities
(111,730)
(103,984)
Called up share capital
1,000
1,000
Profit and loss account
(112,730)
(104,984)
Shareholders' funds
(111,730)
(103,984)
For the year ending 31 January 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 17 October 2023 and were signed on its behalf by
Mr Prasanna Paramanathan
Director
Company Registration No. 10557276
Zecast Technologies Limited
Notes to the Accounts
for the year ended 31 January 2023
Zecast Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 10557276. The registered office is 1st Floor Braintree House , Braintree Road, Ruislip, HA4 0EJ, United Kingdom.
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.
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:
Fixtures & fittings
20% Straightline
Computer equipment
20% Straightline
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
48,430
206
11,304
59,940
At 31 January 2023
48,430
288
11,304
60,022
At 1 February 2022
-
206
5,768
5,974
Charge for the year
-
21
2,463
2,484
At 31 January 2023
-
227
8,231
8,458
At 31 January 2023
48,430
61
3,073
51,564
At 31 January 2022
48,430
-
5,536
53,966
Zecast Technologies Limited
Notes to the Accounts
for the year ended 31 January 2023
5
Investments
Other investments
Valuation at 1 February 2022
13,500
Valuation at 31 January 2023
11,250
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,368
9,133
Other creditors
43,524
51,344
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
107,377
102,732
9
Average number of employees
During the year the average number of employees was 2 (2022: 3).