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REGISTERED NUMBER: 11584116 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

ROOM ZERO SOLUTIONS LIMITED

ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROOM ZERO SOLUTIONS LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr R Warrington
Mr M Simpson
Mr N Alliston





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 11584116 (England and Wales)

ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)

Balance Sheet
31 DECEMBER 2024

31.12.24 31.12.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 549,164 539,486
Tangible assets 5 4,923 7,230
554,087 546,716

CURRENT ASSETS
Debtors 6 140,297 26,113
Cash at bank 51,486 17,392
191,783 43,505
CREDITORS
Amounts falling due within one year 7 877,184 735,573
NET CURRENT LIABILITIES (685,401 ) (692,068 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(131,314

)

(145,352

)

CREDITORS
Amounts falling due after more than one year 8 (58,333 ) (91,667 )

PROVISIONS FOR LIABILITIES (137,945 ) (1,808 )
NET LIABILITIES (327,592 ) (238,827 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (327,692 ) (238,927 )
SHAREHOLDERS' FUNDS (327,592 ) (238,827 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)

Balance Sheet - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





Mr N Alliston - Director


ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Room Zero Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents amounts receivable for management consultancy, net of value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment 33% on reducing balance.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Going concern
At 31 December 2024, the Company was in a net liability position of £190,878. Although the Company is currently loss making, the directors have indicated that the parent company has adequate resources to support the Company for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£
COST
At 1 January 2024 727,605
Additions 86,400
At 31 December 2024 814,005
AMORTISATION
At 1 January 2024 188,119
Amortisation for year 76,722
At 31 December 2024 264,841
NET BOOK VALUE
At 31 December 2024 549,164
At 31 December 2023 539,486

5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 January 2024
and 31 December 2024 14,151
DEPRECIATION
At 1 January 2024 6,921
Charge for year 2,307
At 31 December 2024 9,228
NET BOOK VALUE
At 31 December 2024 4,923
At 31 December 2023 7,230

ROOM ZERO SOLUTIONS LIMITED (REGISTERED NUMBER: 11584116)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade debtors 137,430 24,000
Prepayments and accrued income 2,867 2,113
140,297 26,113

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 48,098 34,561
Amounts owed to group undertakings 586,341 290,741
Social security and other taxes 5,725 5,293
Value added tax 1,252 15,250
Loan 33,333 36,111
Director's current account 91,837 45,445
Accruals and deferred income 110,598 308,172
877,184 735,573

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£ £
Bank loans - 1-2 years 33,333 33,333
Bank loans - 2-5 years 25,000 58,334
58,333 91,667

9. RELATED PARTY DISCLOSURES

Amounts owed to group undertakings of £586,341 is owed by the Company to another company which is under common control.

The debt has no fixed date for repayment, is repayable on demand and is non-interest bearing.