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REGISTERED NUMBER: SC401600 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

USERZERO LTD

USERZERO LTD (REGISTERED NUMBER: SC401600)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


USERZERO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C H Logie
Ms L Logie





REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC401600 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

USERZERO LTD (REGISTERED NUMBER: SC401600)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,230 482

CURRENT ASSETS
Debtors 5 10,282 9,540
Investments 6 9,976 9,976
Cash at bank and in hand 18,823 5,251
39,081 24,767
CREDITORS
Amounts falling due within one year 7 31,675 11,081
NET CURRENT ASSETS 7,406 13,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,636

14,168

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 8,624 14,156
SHAREHOLDERS' FUNDS 8,636 14,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

USERZERO LTD (REGISTERED NUMBER: SC401600)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





C H Logie - Director


USERZERO LTD (REGISTERED NUMBER: SC401600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Userzero Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

These financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on a straight line basis and 25% on a reducing balance basis

Investments
Investments are stated at cost, together with subsequent capital contributions, less any provisions for impairment in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

USERZERO LTD (REGISTERED NUMBER: SC401600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 8,516
Additions 1,503
Disposals (493 )
At 30 June 2024 9,526
DEPRECIATION
At 1 July 2023 8,034
Charge for year 755
Eliminated on disposal (493 )
At 30 June 2024 8,296
NET BOOK VALUE
At 30 June 2024 1,230
At 30 June 2023 482

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,632 9,540
Other debtors 2,650 -
10,282 9,540

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 9,976 9,976

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 174 -
Taxation and social security 29,292 9,829
Other creditors 2,209 1,252
31,675 11,081