Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity2falsetrue 13718909 2023-01-01 2023-12-31 13718909 2021-11-02 2022-12-31 13718909 2023-12-31 13718909 2022-12-31 13718909 6 2023-01-01 2023-12-31 13718909 6 2021-11-02 2022-12-31 13718909 d:Director1 2023-01-01 2023-12-31 13718909 e:CurrentFinancialInstruments 2023-12-31 13718909 e:CurrentFinancialInstruments 2022-12-31 13718909 e:CurrentFinancialInstruments e:WithinOneYear 2023-12-31 13718909 e:CurrentFinancialInstruments e:WithinOneYear 2022-12-31 13718909 e:UKTax 2023-01-01 2023-12-31 13718909 e:UKTax 2021-11-02 2022-12-31 13718909 e:ShareCapital 2023-01-01 2023-12-31 13718909 e:ShareCapital 2023-12-31 13718909 e:ShareCapital 2021-11-02 2022-12-31 13718909 e:ShareCapital 2022-12-31 13718909 e:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 13718909 e:RetainedEarningsAccumulatedLosses 2023-12-31 13718909 e:RetainedEarningsAccumulatedLosses 2021-11-02 2022-12-31 13718909 e:RetainedEarningsAccumulatedLosses 2022-12-31 13718909 d:FRS102 2023-01-01 2023-12-31 13718909 d:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13718909 d:FullAccounts 2023-01-01 2023-12-31 13718909 d:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13718909









ZIRIAD LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ZIRIAD LTD
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 7

 
ZIRIAD LTD
REGISTERED NUMBER: 13718909

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
857,368
1,710,767

Cash at bank and in hand
 6 
44,582
239,232

  
901,950
1,949,999

Creditors: amounts falling due within one year
 7 
(645,227)
(1,772,465)

Net current assets
  
 
 
256,723
 
 
177,534

Total assets less current liabilities
  
256,723
177,534

  

Net assets
  
256,723
177,534


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
256,713
177,524

  
256,723
177,534


Page 1

 
ZIRIAD LTD
REGISTERED NUMBER: 13718909
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 year 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 on 23 September 2024.




Patrick Larkin
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
ZIRIAD LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Profit and loss account
Total equity

At 1 November 2022
£
£
£


Comprehensive income for the period

Profit for the period
-
177,524
177,524
Total comprehensive income for the period
-
177,524
177,524


Contributions by and distributions to owners

Shares issued during the period
10
-
10


Total transactions with owners
10
-
10



At 1 January 2023
10
177,524
177,534


Comprehensive income for the year

Profit for the year
-
79,189
79,189
Total comprehensive income for the year
-
79,189
79,189


Total transactions with owners
-
-
-


At 31 December 2023
10
256,713
256,723


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
ZIRIAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Ziriad Ltd. is a private company, limited by shares, incorporated in England and Wales, registration number 13718909. The registered office is 3rd Floor Waverley House, 7-12 Noel Street, London, United Kingdom, W1F 8GQ.

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

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
ZIRIAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 5

 
ZIRIAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Taxation


2023
2022
£
£

Corporation tax


Current tax on profits for the year
22,168
41,747


22,168
41,747


Total current tax
22,168
41,747

Factors affecting tax charge for the year/period

The tax assessed for the year/period is lower than (2022 - the same as) the standard rate of corporation tax in the UK of 23.52% (2022 - 19%). The differences are explained below:

2023
2022
£
£


Profit on ordinary activities before tax
101,357
219,271


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 23.52% (2022 - 19%)
23,839
41,661

Effects of:


Expenses not deductible for tax purposes, other than goodwill amortisation and impairment
-
86

Marginal relief
(1,671)
-

Total tax charge for the year/period
22,168
41,747


Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 6

 
ZIRIAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
759
260,838

Other debtors
1,082
2,879

Prepayments and accrued income
855,527
1,447,050

857,368
1,710,767



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
44,582
239,232

44,582
239,232



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
48,022
17,020

Corporation tax
22,168
41,747

Other creditors
443
443

Accruals and deferred income
574,594
1,713,255

645,227
1,772,465



8.


Related party transactions

The management recharges of £15,000 (2022: £260,000) has arisen as a result of marketing and administration support services provided by the directors to the company during the period.

 
Page 7