Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 31 May 2024 31 May 2024 12339592 Mr Guillaume Kendall Mr Matthew McBride iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12339592 2022-11-30 12339592 2024-05-31 12339592 2022-12-01 2024-05-31 12339592 frs-core:CurrentFinancialInstruments 2024-05-31 12339592 frs-core:ComputerEquipment 2024-05-31 12339592 frs-core:ComputerEquipment 2022-12-01 2024-05-31 12339592 frs-core:ComputerEquipment 2022-11-30 12339592 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-01 2024-05-31 12339592 frs-core:OtherResidualIntangibleAssets 2024-05-31 12339592 frs-core:OtherResidualIntangibleAssets 2022-12-01 2024-05-31 12339592 frs-core:OtherResidualIntangibleAssets 2022-11-30 12339592 frs-core:PlantMachinery 2024-05-31 12339592 frs-core:PlantMachinery 2022-12-01 2024-05-31 12339592 frs-core:PlantMachinery 2022-11-30 12339592 frs-core:SharePremium 2024-05-31 12339592 frs-core:ShareCapital 2024-05-31 12339592 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12339592 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-05-31 12339592 frs-bus:FilletedAccounts 2022-12-01 2024-05-31 12339592 frs-bus:SmallEntities 2022-12-01 2024-05-31 12339592 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2024-05-31 12339592 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-05-31 12339592 frs-bus:Director1 2022-12-01 2024-05-31 12339592 frs-bus:Director2 2022-12-01 2024-05-31 12339592 frs-countries:EnglandWales 2022-12-01 2024-05-31 12339592 2021-11-30 12339592 2022-11-30 12339592 2021-12-01 2022-11-30 12339592 frs-core:CurrentFinancialInstruments 2022-11-30 12339592 frs-core:SharePremium 2022-11-30 12339592 frs-core:ShareCapital 2022-11-30 12339592 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 12339592 frs-core:CurrentFinancialInstruments 4 2022-11-30
Registered number: 12339592
Zedosh Limited
Financial Statements
For the Period 1 December 2022 to 31 May 2024
TaxAssist Accountants
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12339592
31 May 2024 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 227,088
- 227,088
CURRENT ASSETS
Debtors 6 1,218 72,482
Cash at bank and in hand 8,864 21,345
10,082 93,827
Creditors: Amounts Falling Due Within One Year 7 (414 ) (50,057 )
NET CURRENT ASSETS (LIABILITIES) 9,668 43,770
TOTAL ASSETS LESS CURRENT LIABILITIES 9,668 270,858
NET ASSETS 9,668 270,858
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account 667,470 558,355
Profit and Loss Account (657,803 ) (287,498 )
SHAREHOLDERS' FUNDS 9,668 270,858
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For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Guillaume Kendall
Director
30/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Zedosh Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12339592 . The registered office is Third Floor, 20 Old Bailey, London, EC4M 7AN.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is software. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Computer Equipment 33% Straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2022: 2)
1 2
4. Intangible Assets
Software asset
£
Cost
As at 1 December 2022 325,047
Additions 77,329
Disposals (402,376 )
As at 31 May 2024 -
Amortisation
As at 1 December 2022 97,959
Provided during the period -
Disposals (97,959 )
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 -
As at 1 December 2022 227,088
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 - 1,581 1,581
Disposals - (1,581 ) (1,581 )
Depreciation
As at 1 December 2022 - 1,581 1,581
Disposals - (1,581 ) (1,581 )
As at 31 May 2024 - - -
Net Book Value
As at 31 May 2024 - - -
As at 1 December 2022 - - -
6. Debtors
31 May 2024 30 November 2022
£ £
Due within one year
Trade debtors - 600
Deferred tax current asset - 67,724
VAT 1,218 4,158
1,218 72,482
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7. Creditors: Amounts Falling Due Within One Year
31 May 2024 30 November 2022
£ £
Trade creditors - 210
Bank loans and overdrafts - 28,543
Other taxes and social security - 675
Other creditors - 155
Advanced subscriptions - 20,000
Accruals and deferred income 380 460
Directors' loan accounts 34 14
414 50,057
8. Share Capital
31 May 2024 30 November 2022
£ £
Allotted, Called up and fully paid 1 1
Issued shares of 129,376 at 0.00001p were issued, with a total of £1.29 GBP value.
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