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REGISTERED NUMBER: 03798277 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ZEDRA SOLUTIONS LTD

ZEDRA SOLUTIONS LTD (REGISTERED NUMBER: 03798277)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ZEDRA SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr J R Woosnam





SECRETARY: Mrs M Woosnam





REGISTERED OFFICE: The Warren
Main Road
Itchen Abbas
Winchester
Hampshire
SO21 1AX





REGISTERED NUMBER: 03798277 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Chartered Accountants & Tax Advisers
Fifth Floor
11 Leadenhall Street
London
EC3V 1LP

ZEDRA SOLUTIONS LTD (REGISTERED NUMBER: 03798277)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,493 2,077

CURRENT ASSETS
Debtors 5 14,752 9,034
Cash at bank 366,457 342,217
381,209 351,251
CREDITORS
Amounts falling due within one year 6 144,406 146,989
NET CURRENT ASSETS 236,803 204,262
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,296

206,339

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 239,196 206,239
SHAREHOLDERS' FUNDS 239,296 206,339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2023 and were signed by:




Mr J R Woosnam - Director


ZEDRA SOLUTIONS LTD (REGISTERED NUMBER: 03798277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Zedra Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

ACCOUNTING ESTIMATES AND JUDGEMENTS
In preparing the financial statements, management were not required to make any estimates or judgements which materially affect reported income, expenses, assets, liabilities or disclosure of contingent assets and liabilities.

DIVIDENDS
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax.

TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FIXED ASSETS INVESTMENTS
Fixed assets investments are stated at cost less provision for any permanent diminution in value.

ZEDRA SOLUTIONS LTD (REGISTERED NUMBER: 03798277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

DEBTORS
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

CREDITORS
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 April 2022 26,042 1,006 27,048
Additions 1,598 - 1,598
At 31 March 2023 27,640 1,006 28,646
Depreciation
At 1 April 2022 23,965 1,006 24,971
Charge for year 1,182 - 1,182
At 31 March 2023 25,147 1,006 26,153
Net book value
At 31 March 2023 2,493 - 2,493
At 31 March 2022 2,077 - 2,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,666 -
Other debtors 6,086 9,034
14,752 9,034

ZEDRA SOLUTIONS LTD (REGISTERED NUMBER: 03798277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 788 610
Trade creditors 248 225
Other Creditors 212 206
Corporation tax 29,100 35,588
Social security and other taxes 3,247 4,117
VAT 17,666 19,354
Deferred income 86,289 80,134
Directors' loan accounts 6,370 6,359
Accrued expenses 486 396
144,406 146,989

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 April 2022 206,239
Profit for the year 124,541
Dividends (91,584 )
At 31 March 2023 239,196

9. RELATED PARTY DISCLOSURES

At balance sheet date, there was an amount due to the director, Mr. J R Woosnam for £6,370 (2022: £6,359). This is an interest free advance from the company and does not have a fixed date of repayment.

10. CONTROLLING PARTY

Mr J R Woosnam and Mrs M Woosnam jointly controls the company by virtue of their controlling interest in the company.