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REGISTERED NUMBER: 06466713 (England and Wales)















Zi Consultancy Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Zi Consultancy Limited (Registered number: 06466713)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Zi Consultancy Limited

Company Information
for the year ended 31 December 2023







DIRECTOR: Mr Z Iqbal





SECRETARY: Mrs S Akhtar





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 06466713 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP

Zi Consultancy Limited (Registered number: 06466713)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,308 3,162

CURRENT ASSETS
Debtors 5 38,750 36,431
Cash at bank 2,210 4,317
40,960 40,748
CREDITORS
Amounts falling due within one year 6 18,144 18,903
NET CURRENT ASSETS 22,816 21,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,124

25,007

CREDITORS
Amounts falling due after more than one
year

7

8,265

13,931
NET ASSETS 17,859 11,076

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,759 10,976
17,859 11,076

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Zi Consultancy Limited (Registered number: 06466713)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





Mr Z Iqbal - Director


Zi Consultancy Limited (Registered number: 06466713)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Zi Consultancy Limited 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.

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.

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
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 reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Zi Consultancy Limited (Registered number: 06466713)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 1,302 4,665 4,805 10,772
Additions - 133 1,409 1,542
Disposals - - (1,913 ) (1,913 )
At 31 December 2023 1,302 4,798 4,301 10,401
DEPRECIATION
At 1 January 2023 237 4,506 2,867 7,610
Charge for year 266 62 526 854
Eliminated on disposal - - (1,371 ) (1,371 )
At 31 December 2023 503 4,568 2,022 7,093
NET BOOK VALUE
At 31 December 2023 799 230 2,279 3,308
At 31 December 2022 1,065 159 1,938 3,162

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,013
Amounts owed by group undertakings 1,654 -
Other debtors 37,096 35,418
38,750 36,431

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 9,919 10,802
Other creditors 8,225 8,101
18,144 18,903

Zi Consultancy Limited (Registered number: 06466713)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 8,265 13,931

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 12,473 11,883
Between one and five years 4,158 33,273
16,631 45,156