Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activity2022-08-01false285falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13225620 2022-08-01 2023-07-31 13225620 2021-02-25 2022-07-31 13225620 2023-07-31 13225620 2022-07-31 13225620 c:Director2 2022-08-01 2023-07-31 13225620 d:Buildings d:LongLeaseholdAssets 2022-08-01 2023-07-31 13225620 d:Buildings d:LongLeaseholdAssets 2023-07-31 13225620 d:Buildings d:LongLeaseholdAssets 2022-07-31 13225620 d:PlantMachinery 2022-08-01 2023-07-31 13225620 d:PlantMachinery 2023-07-31 13225620 d:PlantMachinery 2022-07-31 13225620 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13225620 d:FurnitureFittings 2022-08-01 2023-07-31 13225620 d:FurnitureFittings 2023-07-31 13225620 d:FurnitureFittings 2022-07-31 13225620 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13225620 d:ComputerEquipment 2022-08-01 2023-07-31 13225620 d:ComputerEquipment 2023-07-31 13225620 d:ComputerEquipment 2022-07-31 13225620 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13225620 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13225620 d:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 13225620 d:PatentsTrademarksLicencesConcessionsSimilar 2022-07-31 13225620 d:CurrentFinancialInstruments 2023-07-31 13225620 d:CurrentFinancialInstruments 2022-07-31 13225620 d:Non-currentFinancialInstruments 2023-07-31 13225620 d:Non-currentFinancialInstruments 2022-07-31 13225620 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13225620 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13225620 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 13225620 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 13225620 d:ShareCapital 2023-07-31 13225620 d:ShareCapital 2022-07-31 13225620 d:SharePremium 2023-07-31 13225620 d:SharePremium 2022-07-31 13225620 d:RetainedEarningsAccumulatedLosses 2023-07-31 13225620 d:RetainedEarningsAccumulatedLosses 2022-07-31 13225620 c:OrdinaryShareClass1 2022-08-01 2023-07-31 13225620 c:OrdinaryShareClass1 2023-07-31 13225620 c:OrdinaryShareClass1 2022-07-31 13225620 c:FRS102 2022-08-01 2023-07-31 13225620 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13225620 c:FullAccounts 2022-08-01 2023-07-31 13225620 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13225620 d:HirePurchaseContracts d:WithinOneYear 2023-07-31 13225620 d:HirePurchaseContracts d:WithinOneYear 2022-07-31 13225620 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-07-31 13225620 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-07-31 13225620 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2022-08-01 2023-07-31 13225620 7 2022-08-01 2023-07-31 13225620 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13225620













DOUBLEZERODELIVERY LIMITED
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2023


 
DOUBLEZERODELIVERY LIMITED
REGISTERED NUMBER:13225620


BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
51,900
-

Tangible assets
 5 
971,888
39,992

  
1,023,788
39,992

Current assets
  

Stocks
  
21,448
8,605

Debtors: amounts falling due within one year
 6 
116,417
175,876

Cash at bank and in hand
  
370,865
94,349

  
508,730
278,830

Creditors: amounts falling due within one year
 7 
(861,462)
(122,094)

Net current (liabilities)/assets
  
 
 
(352,732)
 
 
156,736

Creditors: amounts falling due after more than one year
  
(3,069)
-

  

Net assets
  
667,987
196,728


Capital and reserves
  

Called up share capital 
 10 
178
137

Share premium account
  
1,715,027
674,963

Profit and loss account
  
(1,047,218)
(478,372)

  
667,987
196,728


Page 1


 
DOUBLEZERODELIVERY LIMITED
REGISTERED NUMBER:13225620

    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 comprehensive income 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 by: 




JR Dyer
Director

Date: 20 March 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

Doublezerodelivery Ltd is a private company limited by shares, incorporated in England and Wales, United Kingdom. The registered office is Harwood House, 43 Harwood Road, London, SW6 4QP. 

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue, which excludes value added tax, comprises the Company's income from the operation of its culinary activities and is wholly earned in the United Kingdom. This arises primarily from the sale of food and beverage through the restaurant, through home delivery of pasta boxes and through wholesale. Revenue is recognised once a service has been rendered or, in the case of wholesale, when the Company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the Company will receive the consideration due under the transaction.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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.

Page 3


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
20%
Plant and machinery
-
20%
Fixtures and fittings
-
20%
Computer equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

 
2.13

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 and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 28 (2022 - 5).

Page 5


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

4.


Intangible assets




Licenses

£



Cost


At 1 August 2022
-


Additions
55,864



At 31 July 2023

55,864



Amortisation


At 1 August 2022
-


Charge for the period on owned assets
3,964



At 31 July 2023

3,964



Net book value



At 31 July 2023
51,900



At 31 July 2022
-



Page 6


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2022
-
42,414
-
9,049
51,463


Additions
829,042
33,097
95,160
50,706
1,008,005



At 31 July 2023

829,042
75,511
95,160
59,755
1,059,468



Depreciation


At 1 August 2022
-
9,662
-
1,809
11,471


Charge for the period on owned assets
59,523
824
6,468
9,294
76,109



At 31 July 2023

59,523
10,486
6,468
11,103
87,580



Net book value



At 31 July 2023
769,519
65,025
88,692
48,652
971,888



At 31 July 2022
-
32,752
-
7,240
39,992

Page 7


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

6.


Debtors

2023
2022
£
£


Trade debtors
342
3,315

Other debtors
99,479
168,684

Prepayments and accrued income
16,596
3,877

116,417
175,876



7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
64,205
10,574

Other taxation and social security
110,237
3,405

Obligations under finance lease and hire purchase contracts
2,434
-

Other creditors
310,791
98,157

Accruals and deferred income
373,795
9,958

861,462
122,094



8.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Obligations under finance lease and hire purchase contracts
3,069
-



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
2,434
-

Between 1-5 years
3,069
-

5,503
-

Page 8


 
DOUBLEZERODELIVERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



17,816 (2022 - 13,699) Ordinary shares of £0.01 each
178
137


On 19 January 2023 the Company issued 1,646 Ordinary shares for total consideration of £410,000. 
On 4 March 2023 the Company issued 2,471 Ordinary shares for total consideration of £630,105. 


11.


Controlling party

The two directors jointly own greater than 50% of the Company's share capital and therefore exercise some control over the Company. However, the directors consider there to be no ultimate controlling party. 

 
Page 9