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COMPANY REGISTRATION NUMBER: 13377861
Zapata Computing UK Ltd
Filleted Unaudited Financial Statements
31 December 2022
Zapata Computing UK Ltd
Statement of Financial Position
31 December 2022
2022
2021
Note
£
£
£
£
Creditors: amounts falling due within one year
5
798
2,584
ÄÄÄÄ
ÄÄÄÄÄÄÄ
Net current liabilities
798
2,584
ÄÄÄÄ
ÄÄÄÄÄÄÄ
Total assets less current liabilities
( 798)
( 2,584)
Creditors: amounts falling due after more than one year
6
112,099
118,044
ÄÄÄÄÄÄÄÄÄ
ÄÄÄÄÄÄÄÄÄ
Net liabilities
( 112,897)
( 120,628)
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Capital and reserves
Called up share capital
1
1
Profit and loss account
( 112,898)
( 120,629)
ÄÄÄÄÄÄÄÄÄ
ÄÄÄÄÄÄÄÄÄ
Shareholders deficit
( 112,897)
( 120,628)
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 2 November 2023 , and are signed on behalf of the board by:
Mr C J Savoie
Director
Company registration number: 13377861
Zapata Computing UK Ltd
Notes to the Financial Statements
Year ended 31 December 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3 The Courtyard, Timothys Bridge Road, Stratford Enterprise Park, Stratford-Upon-Avon, CV37 9NP. The principle activity of the company in the year was that of business and domestic software development.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2021: 2 ).
5. Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
798
2,584
ÍÍÍÍ
ÍÍÍÍÍÍÍ
6. Creditors: amounts falling due after more than one year
2022
2021
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
112,099
118,044
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