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REGISTERED NUMBER: 11222243















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Zest Design London Ltd

Zest Design London Ltd (Registered number: 11222243)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Zest Design London Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ms M Gilli





SECRETARY:





REGISTERED OFFICE: 3rd Floor
207 Regent Street
London
W1B 3HH





REGISTERED NUMBER: 11222243





ACCOUNTANTS: Brookstone Accountancy Limited
3rd Floor
207 Regent Street
London
W1B 3HH

Zest Design London Ltd (Registered number: 11222243)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 62,708 1,327
Tangible assets 5 238 476
62,946 1,803

CURRENT ASSETS
Debtors 6 214 9,792
Cash at bank 27,843 3,164
28,057 12,956
CREDITORS
Amounts falling due within one year 7 83,438 1,973
NET CURRENT (LIABILITIES)/ASSETS (55,381 ) 10,983
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,565

12,786

CAPITAL AND RESERVES
Called up share capital 8 4,244 2,632
Retained earnings 3,321 10,154
SHAREHOLDERS' FUNDS 7,565 12,786

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 her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





Ms M Gilli - Director


Zest Design London Ltd (Registered number: 11222243)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Zest Design London Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

Zest Design London Ltd (Registered number: 11222243)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 January 2023 3,317
Additions 62,708
Disposals (3,317 )
At 31 December 2023 62,708
AMORTISATION
At 1 January 2023 1,990
Eliminated on disposal (1,990 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 62,708
At 31 December 2022 1,327

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023 6,113
Disposals (5,399 )
At 31 December 2023 714
DEPRECIATION
At 1 January 2023 5,637
Charge for year 238
Eliminated on disposal (5,399 )
At 31 December 2023 476
NET BOOK VALUE
At 31 December 2023 238
At 31 December 2022 476

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 7,000
VAT 214 160
Called up share capital not paid - 2,632
214 9,792

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 13,246 959
Amounts owed to associates 42,720 -
Tax - 14
Other creditors 26,472 -
Accrued expenses 1,000 1,000
83,438 1,973

Zest Design London Ltd (Registered number: 11222243)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2,632 Ordinary £ 1 4,244 2,632

1,612 Ordinary shares of £ 1 each were allotted and fully paid for cash at par during the year.

9. RELATED PARTY DISCLOSURES

As at 31 December 2023 a balance of £ 26,472 is due to the company shareholders. The loan is interest free and repayable on demand. It is expected that this amount will be repaid by Zest Design London Limited in the future but repayment will not be expected within twelve months of the balance sheet date.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms M Gilli.