0 false false false false false false false true false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 65,000 58,500 6,500 6,500 xbrli:pure xbrli:shares iso4217:GBP 06476346 2023-05-01 2023-12-31 06476346 2023-12-31 06476346 2023-04-30 06476346 2022-05-01 2023-04-30 06476346 2023-04-30 06476346 2022-04-30 06476346 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2023-12-31 06476346 bus:Director2 2023-05-01 2023-12-31 06476346 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 06476346 core:WithinOneYear 2023-12-31 06476346 core:WithinOneYear 2023-04-30 06476346 core:ShareCapital 2023-12-31 06476346 core:ShareCapital 2023-04-30 06476346 core:SharePremium 2023-12-31 06476346 core:SharePremium 2023-04-30 06476346 core:RetainedEarningsAccumulatedLosses 2023-12-31 06476346 core:RetainedEarningsAccumulatedLosses 2023-04-30 06476346 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 06476346 bus:SmallEntities 2023-05-01 2023-12-31 06476346 bus:AuditExempt-NoAccountantsReport 2023-05-01 2023-12-31 06476346 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2023-12-31 06476346 bus:PrivateLimitedCompanyLtd 2023-05-01 2023-12-31 06476346 bus:FullAccounts 2023-05-01 2023-12-31
COMPANY REGISTRATION NUMBER: 06476346
0800Z Limited
Filleted Unaudited Financial Statements
31 December 2023
0800Z Limited
Statement of Financial Position
31 December 2023
31 Dec 23
30 Apr 23
Note
£
£
£
Fixed assets
Intangible assets
4
6,500
6,500
Current assets
Debtors
5
5,927
5,927
Creditors: amounts falling due within one year
6
42,611
42,611
--------
--------
Net current liabilities
36,684
36,684
--------
--------
Total assets less current liabilities
( 30,184)
( 30,184)
--------
--------
Net liabilities
( 30,184)
( 30,184)
--------
--------
Capital and reserves
Called up share capital
95
95
Share premium account
273,612
273,612
Profit and loss account
( 303,891)
( 303,891)
---------
---------
Shareholders deficit
( 30,184)
( 30,184)
---------
---------
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.
The company did not trade during the current period or prior year and has not made either a profit or loss.
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
0800Z Limited
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 7 March 2024 , and are signed on behalf of the board by:
Mr M Kaplan
Director
Company registration number: 06476346
0800Z Limited
Notes to the Financial Statements
Period from 1 May 2023 to 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN, England.
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 directors have considered the current and future trading positions and are satisfied it is appropriate to prepare the accounts on a going concern basis.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current period or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders deficit during the current period or prior year.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
IT & Telecom
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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.
4. Intangible assets
Development costs
£
Cost
At 1 May 2023 and 31 December 2023
65,000
--------
Amortisation
At 1 May 2023 and 31 December 2023
58,500
--------
Carrying amount
At 31 December 2023
6,500
--------
At 30 April 2023
6,500
--------
5. Debtors
31 Dec 23
30 Apr 23
£
£
Other debtors
5,927
5,927
-------
-------
6. Creditors: amounts falling due within one year
31 Dec 23
30 Apr 23
£
£
Bank loans and overdrafts
74
74
Other creditors
42,537
42,537
--------
--------
42,611
42,611
--------
--------
7. Related party transactions
There was no ultimate controlling party during the period. Included in the creditors balance at the year end the following amounts were due to the directors M Kaplan £ 36,556 T M Charlesworth £ 4,079