Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 December 2023 31 December 2023 13332962 Mr Henry Layard Horsfall Mr Jolyon Horsfall Mr Henry Hankin Mr Steven Bartlett Mr Oliver Yonchev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13332962 2023-03-31 13332962 2023-12-31 13332962 2023-04-01 2023-12-31 13332962 frs-core:CurrentFinancialInstruments 2023-12-31 13332962 frs-core:ComputerEquipment 2023-12-31 13332962 frs-core:ComputerEquipment 2023-04-01 2023-12-31 13332962 frs-core:ComputerEquipment 2023-03-31 13332962 frs-core:FurnitureFittings 2023-12-31 13332962 frs-core:FurnitureFittings 2023-04-01 2023-12-31 13332962 frs-core:FurnitureFittings 2023-03-31 13332962 frs-core:RevaluationReserve 2023-03-31 13332962 frs-core:RevaluationReserve 2023-12-31 13332962 frs-core:ShareCapital 2023-12-31 13332962 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13332962 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 13332962 frs-bus:FilletedAccounts 2023-04-01 2023-12-31 13332962 frs-bus:SmallEntities 2023-04-01 2023-12-31 13332962 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2023-12-31 13332962 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2023-12-31 13332962 frs-bus:Director1 2023-04-01 2023-12-31 13332962 frs-bus:Director2 2023-04-01 2023-12-31 13332962 frs-bus:Director3 2023-04-01 2023-12-31 13332962 frs-bus:Director4 2023-04-01 2023-12-31 13332962 frs-bus:Director5 2023-04-01 2023-12-31 13332962 frs-core:CurrentFinancialInstruments 1 2023-12-31 13332962 frs-countries:EnglandWales 2023-04-01 2023-12-31 13332962 2022-03-31 13332962 2023-03-31 13332962 2022-04-01 2023-03-31 13332962 frs-core:CurrentFinancialInstruments 2023-03-31 13332962 frs-core:RevaluationReserve 2023-03-31 13332962 frs-core:ShareCapital 2023-03-31 13332962 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 13332962 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 13332962
ZEBU DIGITAL LIMITED
Unaudited Financial Statements
For the Period 1 April 2023 to 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13332962
31 December 2023 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 9,644 14,698
9,644 14,698
CURRENT ASSETS
Stocks 6 10,180 -
Debtors 7 171,049 193,798
Cash at bank and in hand 28,662 107,766
209,891 301,564
Creditors: Amounts Falling Due Within One Year 8 (273,910 ) (336,304 )
NET CURRENT ASSETS (LIABILITIES) (64,019 ) (34,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES (54,375 ) (20,042 )
NET LIABILITIES (54,375 ) (20,042 )
CAPITAL AND RESERVES
Called up share capital 9 2,125 2,125
Revaluation reserve 10 (27,776 ) (50,138 )
Profit and Loss Account (28,724 ) 27,971
SHAREHOLDERS' FUNDS (54,375) (20,042)
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Page 2
For the period 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 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 Jolyon Horsfall
Director
25th March 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
ZEBU DIGITAL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13332962 . The registered office is International House, Constance Street, London, E16 2DQ.
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. 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:
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Cryptocurrencies
Within other assets, assets have been valued at the lower of cost and net realisable value. Other assets include assets that are:
  • held for sale in the ordinary course of business;
  • in the process of production for such sale; or
  • in the form of materials or supplies to be consumed in the production process or in the rendering of services.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 8 (2023: 13)
8 13
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 1,843 18,825 20,668
Additions - 594 594
Disposals - (783 ) (783 )
As at 31 December 2023 1,843 18,636 20,479
Depreciation
As at 1 April 2023 365 5,605 5,970
Provided during the period 461 4,691 5,152
Disposals - (287 ) (287 )
As at 31 December 2023 826 10,009 10,835
Net Book Value
As at 31 December 2023 1,017 8,627 9,644
As at 1 April 2023 1,478 13,220 14,698
6. Stocks
31 December 2023 31 March 2023
£ £
Stock 10,180 -
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7. Debtors
31 December 2023 31 March 2023
£ £
Due within one year
Trade debtors 73,493 75,368
Prepayments and accrued income 7,507 4,424
Other debtors 87,848 113,200
Other debtors (deposit) 806 806
VAT 1,395 -
171,049 193,798
8. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 March 2023
£ £
Trade creditors 3,893 87,874
Bank loans and overdrafts 2,136 3,131
Corporation tax 21 17,897
Other taxes and social security 11,305 11,960
VAT - 53,739
Other creditors 205,153 40,200
Accruals and deferred income 51,402 121,503
273,910 336,304
9. Share Capital
31 December 2023 31 March 2023
£ £
Allotted, Called up and fully paid 2,125 2,125
10. Reserves
Revaluation Reserve
£
As at 1 April 2023 (50,138 )
Deficit on revaluation 22,362
As at 31 December 2023 (27,776 )
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