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Company Registration No. 10082777 (England and Wales)
Zenith One Ltd Unaudited accounts for the period from 1 April 2022 to 31 December 2022
Zenith One Ltd Unaudited accounts Contents
Page
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Zenith One Ltd Company Information for the period from 1 April 2022 to 31 December 2022
Directors
Jacek Marcin Wojcik Krzysztof Klein
Company Number
10082777 (England and Wales)
Registered Office
Zenith One Ltd 85 Great Portland Street London London W1W 7LT England
Accountants
The Accountancy Cloud 12-18 Hoxton Street London N1 6NG UK
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Zenith One Ltd Statement of financial position as at 31 December 2022
31/12/2022 
31/03/2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,739 
Current assets
Debtors
246,696 
274,463 
Cash at bank and in hand
18,672 
1,335 
265,368 
275,798 
Creditors: amounts falling due within one year
(144,584)
(112,072)
Net current assets
120,784 
163,726 
Net assets
120,784 
166,465 
Capital and reserves
Called up share capital
171 
171 
Share premium
736,986 
733,990 
Capital contribution reserve
25,550 
- 
Profit and loss account
(641,923)
(567,696)
Shareholders' funds
120,784 
166,465 
For the period ending 31 December 2022 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 3 April 2024 and were signed on its behalf by
Jacek Marcin Wojcik Director Company Registration No. 10082777
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Zenith One Ltd Notes to the Accounts for the period from 1 April 2022 to 31 December 2022
1
Statutory information
Zenith One Ltd is a private company, limited by shares, registered in England and Wales, registration number 10082777. The registered office is Zenith One Ltd, 85 Great Portland Street, London, London, W1W 7LT, England.
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 period, 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.
Presentation currency
The accounts are presented in £ sterling.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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:
Plant & machinery
Straight Line Method - 33.33%
Computer equipment
Straight Line Method - 33.33%
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Prior Period Adjustment
Prepayments were reviewed during the current year and it was noted that some prepayments relating to previous periods were valued incorrectly. This required an adjustment for the financial year ended 31st March 2022. This has resulted in a decrease in shareholders' funds from £166,799 to £166,465.
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Zenith One Ltd Notes to the Accounts for the period from 1 April 2022 to 31 December 2022
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
1,457 
16,561 
18,018 
Disposals
(991)
(3,330)
(4,321)
At 31 December 2022
466 
13,231 
13,697 
Depreciation
At 1 April 2022
1,106 
14,173 
15,279 
Charge for the period
(640)
(942)
(1,582)
At 31 December 2022
466 
13,231 
13,697 
Net book value
At 31 December 2022
- 
- 
- 
At 31 March 2022
351 
2,388 
2,739 
5
Debtors
31/12/2022 
31/03/2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
300 
13,685 
Other debtors
221,927 
236,309 
222,227 
249,994 
Amounts falling due after more than one year
Other debtors
24,469 
24,469 
6
Creditors: amounts falling due within one year
31/12/2022 
31/03/2022 
£ 
£ 
VAT
13,625 
1,950 
Trade creditors
48,569 
52,212 
Taxes and social security
82,390 
54,750 
Other creditors
- 
3,160 
144,584 
112,072 
7
Transactions with related parties
During the year the company made advances to the directors totalling £27,356 (2022: £14,979) and received repayments from the directors totalling £40,141 (2022: £11,315). At the Statement of financial position date the directors owed the company £180,151 (2022: £192,937). The Loans are interest free and repayable on demand.
8
Average number of employees
During the period the average number of employees was 2 (31/03/2022: 2).
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