Company Registration No. 13928298 (England and Wales)
Net Zero Insights Holding Limited
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
Net Zero Insights Holding Limited
Unaudited accounts
Contents
Net Zero Insights Holding Limited
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
295,687
127,655
Net current assets
295,687
127,655
Net assets
295,687
127,655
Called up share capital
100
100
Share premium
267,679
267,679
Revaluation reserve
8,527
12,935
Capital redemption reserve
514,602
-
Profit and loss account
(495,221)
(153,059)
Shareholders' funds
295,687
127,655
For the period ending 28 February 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
Andrea Canepa
Director
Company Registration No. 13928298
Net Zero Insights Holding Limited
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Net Zero Insights Holding Limited is a private company, limited by shares, registered in England and Wales, registration number 13928298. The registered office is 15 OCTAVIA STREET, LONDON, SW11 3DN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 1 March 2023 to 28 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
It was identified that the incorrect exchange rates were used to convert the balances from EUR to GBP in Balance sheet and Profit & Loss accounts as of 28 February 2023.
We have applied the correct exchange rates and posted the adjustments to the Balance sheet and Profit & Loss for 28 February 2023.
4
Average number of employees
During the period the average number of employees was 0 (2023: 0).