Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true2023-06-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11386801 2023-06-01 2024-05-31 11386801 2022-06-01 2023-05-31 11386801 2024-05-31 11386801 2023-05-31 11386801 c:Director1 2023-06-01 2024-05-31 11386801 d:OfficeEquipment 2023-06-01 2024-05-31 11386801 d:OfficeEquipment 2024-05-31 11386801 d:OfficeEquipment 2023-05-31 11386801 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11386801 d:CurrentFinancialInstruments 2024-05-31 11386801 d:CurrentFinancialInstruments 2023-05-31 11386801 d:Non-currentFinancialInstruments 2024-05-31 11386801 d:Non-currentFinancialInstruments 2023-05-31 11386801 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11386801 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11386801 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 11386801 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 11386801 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 11386801 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 11386801 d:ShareCapital 2024-05-31 11386801 d:ShareCapital 2023-05-31 11386801 d:RetainedEarningsAccumulatedLosses 2024-05-31 11386801 d:RetainedEarningsAccumulatedLosses 2023-05-31 11386801 c:FRS102 2023-06-01 2024-05-31 11386801 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11386801 c:FullAccounts 2023-06-01 2024-05-31 11386801 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 11386801










ZON LTD








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 May 2024

 
ZON LTD
Registered number: 11386801

Balance sheet
As at 31 May 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,594
3,459

  
2,594
3,459

Current assets
  

Debtors: amounts falling due within one year
 5 
173,985
130,385

Cash at bank and in hand
 6 
1,570
2,447

  
175,555
132,832

Creditors: amounts falling due within one year
 7 
(89,173)
(73,069)

Net current assets
  
 
 
86,382
 
 
59,763

Total assets less current liabilities
  
88,976
63,222

Creditors: amounts falling due after more than one year
 8 
(27,621)
(35,114)

  

Net assets
  
61,355
28,108


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
61,352
28,105

  
61,355
28,108


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 profit and loss account 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 28 January 2025.

Page 1

 
ZON LTD
Registered number: 11386801
    
Balance sheet (continued)
As at 31 May 2024




Mr E Gratt
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ZON LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 May 2024

1.


General information

Zon Ltd is a private company limited by shares and registered in England and Wales. The
registered address is at 23 Fairholt Road, London, N16 5EW.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

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.

Page 3

 
ZON LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 May 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

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.


3.


Employees

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


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 June 2023
8,200



At 31 May 2024

8,200



Depreciation


At 1 June 2023
4,741


Charge for the year on owned assets
865



At 31 May 2024

5,606



Net book value



At 31 May 2024
2,594



At 31 May 2023
3,459

Page 4

 
ZON LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 May 2024

5.


Debtors

2024
2023
£
£


Other debtors
173,985
130,385

173,985
130,385



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,570
2,446

1,570
2,446



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,302
5,111

Corporation tax
17,838
7,143

Other creditors
64,253
60,095

Accruals and deferred income
780
720

89,173
73,069



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
27,621
35,114

27,621
35,114


Page 5

 
ZON LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 May 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,302
5,111


6,302
5,111


Amounts falling due 2-5 years

Bank loans
27,621
35,114


33,923
40,225


 
Page 6