1 March 2023 false No description of principal activity Taxfiler 2024.5 true 13928298business:PrivateLimitedCompanyLtd2023-03-012024-02-28 139282982023-02-28 139282982023-03-012024-02-28 13928298business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 13928298business:FilletedAccounts2023-03-012024-02-28 139282982024-02-28 139282982023-02-28 13928298core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 13928298core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13928298core:SharePremiumcore:PreviouslyStatedAmount2024-02-28 13928298core:SharePremiumcore:PreviouslyStatedAmount2023-02-28 13928298core:RevaluationReservecore:PreviouslyStatedAmount2024-02-28 13928298core:RevaluationReservecore:PreviouslyStatedAmount2023-02-28 13928298core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-02-28 13928298core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-02-28 13928298core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 13928298core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13928298core:PreviouslyStatedAmount2024-02-28 13928298core:PreviouslyStatedAmount2023-02-28 13928298business:SmallEntities2023-03-012024-02-28 13928298business:Director12023-03-012024-02-28 13928298countries:EnglandWales2023-03-012024-02-28 13928298business:RegisteredOffice2023-03-012024-02-28 139282982022-03-012023-02-28 iso4217:GBP xbrli:pure
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
Page
- 2 -
Net Zero Insights Holding Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
295,687 
127,655 
Net current assets
295,687 
127,655 
Net assets
295,687 
127,655 
Capital and reserves
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
- 3 -
Net Zero Insights Holding Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
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.
Foreign exchange
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.
Prior year adjustment
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).
- 4 -