REGISTERED NUMBER: |
ZYMR SYSTEMS UK LIMITED |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
REGISTERED NUMBER: |
ZYMR SYSTEMS UK LIMITED |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
ZYMR SYSTEMS UK LIMITED (REGISTERED NUMBER: 14330821) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ZYMR SYSTEMS UK LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditor |
Second Floor |
34 Lime Street |
London |
EC3M 7AT |
ZYMR SYSTEMS UK LIMITED (REGISTERED NUMBER: 14330821) |
BALANCE SHEET |
30TH SEPTEMBER 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ZYMR SYSTEMS UK LIMITED (REGISTERED NUMBER: 14330821) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
Zymr Systems UK Limited is a |
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 on the going concern basis. The company is reliant upon the continuing financial support of its parent company, Zymr Inc. If this support was to be withdrawn, the company would be unable to continue in operational existence. Adjustments would then have to be made to reduce the balance sheet values of assets to their recoverable amounts and to provide for further liabilities which may arise. The company is unable to quantify the effects of such adjustments on the financial statements. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis. |
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Computer equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
ZYMR SYSTEMS UK LIMITED (REGISTERED NUMBER: 14330821) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 30th September 2023 |
DEPRECIATION |
Charge for period |
At 30th September 2023 |
NET BOOK VALUE |
At 30th September 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
ZYMR SYSTEMS UK LIMITED (REGISTERED NUMBER: 14330821) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST SEPTEMBER 2022 TO 30TH SEPTEMBER 2023 |
7. | RELATED PARTY DISCLOSURES |
Zymr Systems UK Limited is a 100% subsidiary of Zymr Inc. |
During the period the following transactions took place between the 2 companies |
Sales:- £148,020. |
Balance owed to Zymr Inc at the Balance Sheet date:- £5,464. |
8. | ULTIMATE CONTROLLING PARTY |
The company is under the control of the directors of Zymr Inc, it's parent compamy. |