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Company Registration No. 10063743 (England and Wales)
ZED PODS LTD Unaudited accounts for the year ended 31 March 2024
ZED PODS LTD Unaudited accounts Contents
Page
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ZED PODS LTD Company Information for the year ended 31 March 2024
Directors
Thomas Alexander Northway Rehan Ayoob Khodabuccus Paul Robert Pleszko Lalit Chauhan
Company Number
10063743 (England and Wales)
Registered Office
3rd Floor 6-8 Bonhill Street London EC2A 4BX
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ZED PODS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,978 
5,304 
Tangible assets
9,527 
5,182 
13,505 
10,486 
Current assets
Inventories
186,739 
1,665,126 
Debtors
1,408,148 
358,646 
Cash at bank and in hand
1,435,033 
691,821 
3,029,920 
2,715,593 
Creditors: amounts falling due within one year
(752,428)
(871,579)
Net current assets
2,277,492 
1,844,014 
Total assets less current liabilities
2,290,997 
1,854,500 
Creditors: amounts falling due after more than one year
(15,000)
(22,500)
Net assets
2,275,997 
1,832,000 
Capital and reserves
Called up share capital
3,826,628 
3,826,628 
Share premium
34,375 
34,375 
Profit and loss account
(1,585,006)
(2,029,003)
Shareholders' funds
2,275,997 
1,832,000 
For the year ending 31 March 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 15 November 2024 and were signed on its behalf by
Rehan Ayoob Khodabuccus Director Company Registration No. 10063743
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ZED PODS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ZED PODS LTD is a private company, limited by shares, registered in England and Wales, registration number 10063743. The registered office is 3rd Floor 6-8 Bonhill Street, London, EC2A 4BX.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Presentation currency
The functional and presentational currency is pound sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognized when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognized 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.
Intangible fixed assets
Intangible assets are amortized to profit and loss account on a straight line basis over their estimated economic life of 10 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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ZED PODS LTD Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
13,262 
At 31 March 2024
13,262 
Amortisation
At 1 April 2023
7,958 
Charge for the year
1,326 
At 31 March 2024
9,284 
Net book value
At 31 March 2024
3,978 
At 31 March 2023
5,304 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
- 
- 
15,300 
15,300 
Additions
636 
832 
7,787 
9,255 
At 31 March 2024
636 
832 
23,087 
24,555 
Depreciation
At 1 April 2023
- 
- 
10,118 
10,118 
Charge for the year
127 
166 
4,617 
4,910 
At 31 March 2024
127 
166 
14,735 
15,028 
Net book value
At 31 March 2024
509 
666 
8,352 
9,527 
At 31 March 2023
- 
- 
5,182 
5,182 
6
Inventories
2024 
2023 
£ 
£ 
Work in progress
186,739 
1,627,586 
Finished goods
- 
37,540 
186,739 
1,665,126 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
92,838 
Trade debtors
1,301,520 
171,018 
Accrued income and prepayments
33,256 
32,289 
Other debtors
73,372 
62,501 
1,408,148 
358,646 
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ZED PODS LTD Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
53,501 
- 
Trade creditors
301,076 
373,922 
Taxes and social security
2,692 
68,352 
Other creditors
4,519 
392,059 
Accruals
380,640 
27,246 
752,428 
871,579 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,000 
22,500 
10
Average number of employees
During the year the average number of employees was 13 (2023: 9).
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