Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08333194 Mr Binoy Jacob iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08333194 2022-12-31 08333194 2023-12-31 08333194 2023-01-01 2023-12-31 08333194 frs-core:CurrentFinancialInstruments 2023-12-31 08333194 frs-core:Non-currentFinancialInstruments 2023-12-31 08333194 frs-core:ComputerEquipment 2023-12-31 08333194 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08333194 frs-core:ComputerEquipment 2022-12-31 08333194 frs-core:FurnitureFittings 2023-12-31 08333194 frs-core:FurnitureFittings 2023-01-01 2023-12-31 08333194 frs-core:FurnitureFittings 2022-12-31 08333194 frs-core:ShareCapital 2023-12-31 08333194 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08333194 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08333194 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08333194 frs-bus:SmallEntities 2023-01-01 2023-12-31 08333194 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08333194 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08333194 frs-bus:Director1 2023-01-01 2023-12-31 08333194 frs-countries:EnglandWales 2023-01-01 2023-12-31 08333194 2021-12-31 08333194 2022-12-31 08333194 2022-01-01 2022-12-31 08333194 frs-core:CurrentFinancialInstruments 2022-12-31 08333194 frs-core:Non-currentFinancialInstruments 2022-12-31 08333194 frs-core:ShareCapital 2022-12-31 08333194 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08333194
C Zaragroup Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Total Accounting Solutions
71 Far Gosford Street
Coventry
West Midlands
CV1 5DZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08333194
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 55 68
55 68
CURRENT ASSETS
Debtors 5 18,641 45,032
Cash at bank and in hand 42,406 1,310
61,047 46,342
Creditors: Amounts Falling Due Within One Year 6 (30,744 ) (21,006 )
NET CURRENT ASSETS (LIABILITIES) 30,303 25,336
TOTAL ASSETS LESS CURRENT LIABILITIES 30,358 25,404
Creditors: Amounts Falling Due After More Than One Year 7 (14,989 ) (24,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (11 ) (14 )
NET ASSETS 15,358 890
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 15,357 889
SHAREHOLDERS' FUNDS 15,358 890
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Binoy Jacob
Director
08/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
C Zaragroup Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08333194 . The registered office is 15 Poundgate Lane, Coventry, CV4 8HJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 2)
1 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 200 500 700
As at 31 December 2023 200 500 700
Depreciation
As at 1 January 2023 160 472 632
Provided during the period 6 7 13
As at 31 December 2023 166 479 645
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 34 21 55
As at 1 January 2023 40 28 68
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 18,641 45,032
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 29,671 -
Corporation tax 573 -
Other taxes and social security - 346
Accruals and deferred income 500 500
Government grants within one year - 20,160
30,744 21,006
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans (Long term liabilities - creditors > 1 year) 14,989 -
Government grants after one year - 24,500
14,989 24,500
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 11 14
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4