Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31No description of principal activity2023-02-011false1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13863113 2023-02-01 2024-01-31 13863113 2022-01-21 2023-01-31 13863113 2024-01-31 13863113 2023-01-31 13863113 c:Director1 2023-02-01 2024-01-31 13863113 d:FurnitureFittings 2023-02-01 2024-01-31 13863113 d:FurnitureFittings 2024-01-31 13863113 d:FurnitureFittings 2023-01-31 13863113 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13863113 d:ComputerEquipment 2023-02-01 2024-01-31 13863113 d:ComputerEquipment 2024-01-31 13863113 d:ComputerEquipment 2023-01-31 13863113 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13863113 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13863113 d:CurrentFinancialInstruments 2024-01-31 13863113 d:CurrentFinancialInstruments 2023-01-31 13863113 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13863113 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13863113 d:ShareCapital 2024-01-31 13863113 d:ShareCapital 2023-01-31 13863113 d:RetainedEarningsAccumulatedLosses 2024-01-31 13863113 d:RetainedEarningsAccumulatedLosses 2023-01-31 13863113 c:OrdinaryShareClass1 2023-02-01 2024-01-31 13863113 c:OrdinaryShareClass1 2024-01-31 13863113 c:OrdinaryShareClass1 2023-01-31 13863113 c:FRS102 2023-02-01 2024-01-31 13863113 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13863113 c:FullAccounts 2023-02-01 2024-01-31 13863113 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13863113 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13863113














ZEPHYRE ALB LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

 
ZEPHYRE ALB LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 6


 
ZEPHYRE ALB LIMITED
REGISTERED NUMBER:13863113

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,368
482

Current assets
  

Debtors: amounts falling due within one year
 5 
4,160
23,135

Cash at bank and in hand
  
8,950
27,322

  
13,110
50,457

  

Creditors: amounts falling due within one year
 6 
(4,342)
(22,454)

Net current assets
  
 
 
8,768
 
 
28,003

  

Net assets
  
10,136
28,485


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
10,135
28,484

  
10,136
28,485


The Director considers 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 Director acknowledges his 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 29 October 2024.




L Benhamou
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
ZEPHYRE ALB LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Zephyre Alb Limited is a private company limited by shares and incorporated in England and Wales. Its
registered office is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, England, WD6 1JD.

The principal activity of the Company during the year was that of a management consultancy.

The Company was incorporated on and started trading 21 January 2022.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

Turnover

Turnover comprises of revenue recognised in respect of services provided in the year, net of trade
discounts and excluding Value Added Tax. Revenue from services is recognised when all contractual obligations have been met.

Consultancy services are recognised in the period to which they relate.

 
2.3

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.

Page 2

 
ZEPHYRE ALB LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
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 reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Computer equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.6

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade
and other debtors, trade and other creditors, cash at bank and in hand.

Trade debtors and other debtors are recognised initially at the transaction price less attributable
transaction costs. Trade creditors and other creditors are recognised initially at transaction price plus
attributable transaction costs. Subsequently they are measured at amortised cost using the effective
interest method, less any impairment losses in the case of trade and other debtors.

Cash and cash equivalents comprise cash balances and call deposits.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
ZEPHYRE ALB LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

2024
£

Wages and salaries
18,674

Social security costs
1,585

20,259


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2023
265
265
530


Additions
-
1,215
1,215



At 31 January 2024

265
1,480
1,745



Depreciation


At 1 February 2023
18
31
49


Charge for the year on owned assets
53
276
329



At 31 January 2024

71
307
378



Net book value



At 31 January 2024
194
1,173
1,367



At 31 January 2023
248
234
482


5.


Debtors

2024
2023
£
£


Trade debtors
-
22,048

Other debtors
1,371
755

Prepayments and accrued income
14
332

Tax recoverable
2,775
-

4,160
23,135

Page 4

 
ZEPHYRE ALB LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.Debtors (continued)



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
1
8,721

Other creditors
47
10,145

Accruals and deferred income
4,294
3,588

4,342
22,454


Page 5

 
ZEPHYRE ALB LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary shares share of £1
1
1


 
Page 6