Caseware UK (AP4) 2023.0.135 2023.0.135 2022-12-312022-12-312022-03-11Provision of consultancy services to UK marketfalse9truetrue 13971254 2022-03-10 13971254 2022-03-11 2022-12-31 13971254 2021-01-01 2022-03-10 13971254 2022-12-31 13971254 c:Director1 2022-03-11 2022-12-31 13971254 c:Director2 2022-03-11 2022-12-31 13971254 d:CurrentFinancialInstruments 2022-12-31 13971254 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13971254 d:ShareCapital 2022-12-31 13971254 c:FRS102 2022-03-11 2022-12-31 13971254 c:Audited 2022-03-11 2022-12-31 13971254 c:FullAccounts 2022-03-11 2022-12-31 13971254 c:PrivateLimitedCompanyLtd 2022-03-11 2022-12-31 13971254 c:SmallCompaniesRegimeForAccounts 2022-03-11 2022-12-31 13971254 e:PoundSterling 2022-03-11 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 13971254










ZRG WALKING THE TALK UK LTD










FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
ZRG WALKING THE TALK UK LTD
REGISTERED NUMBER: 13971254

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
119,991

  
119,991

Creditors: amounts falling due within one year
 5 
(119,891)

Net current assets
  
 
 
100

Total assets less current liabilities
  
100

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
  
100

  
100


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2024.




B M Geels Dingle
S Petzinger
Director
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
ZRG WALKING THE TALK UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

The Company is a private company limited by shares and is incorporated in England and Wales, and the registered number is 13971254. The address of its registered office is 45 Whitfield Street, London, UnitedKingdom, W1T 4HD. The Company's principal activity is to provide management consultancy services via UK based employees to organisations across Europe. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

These are the Company's first set of financial statements prepared in accordance with FRS 102.

The following principal accounting policies have been applied:

 
2.2

Going concern

This is the Company's first set of financial statements and the balance sheet shows net assets of £100. The Company does not have a bank account in the UK and is dependent upon financing from other ZRG related entities. As such, a letter of support has been provided by an appropriate entity within the ZRG Group that they will continue to settle the liabilities of the UK company as they fall due. As such, the directors of the Company consider it appropriate to prepare the financial statements on a going concern basis. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

 
ZRG WALKING THE TALK UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

  
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties etc.
Debt instruments (other than those wholly repayable or receivable within one year). including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subseqently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short term loan that is not at market rate, the financial asset or liability is measured, initially, at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

 
ZRG WALKING THE TALK UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

3.


Employees

The average monthly number of employees, including the directors, during the period was 9.


4.


Debtors

2022
£

Amounts owed by group undertakings
119,891

Called up share capital not paid
100

119,991



5.


Creditors: Amounts falling due within one year

2022
£

Trade creditors
2,005

Amounts owed to group undertakings
3,978

Other taxation and social security
38,272

Other creditors
2,647

Accruals and deferred income
72,989

119,891



6.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,925. Contributions totalling £2,647 were payable to the fund at the balance sheet date and are included in creditors.


7.


Controlling party

The Company's immediate parent is ZRG Walking The Talk LLC, incorporated in USA.
The Company's ultimate controlling party is ZRG Holding Company LLC, incorporated in USA.

Page 4

 
ZRG WALKING THE TALK UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

8.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2022 was unqualified.

The audit report was signed on 11 March 2024 by Andrew Irvine (Senior Statutory Auditor) on behalf of Shorts.

 
Page 5