Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 14205172 Mr N Bennett Mr G R Mockett Mr R J Hosier Mr A J Beaney Mr N Bennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14205172 2023-06-30 14205172 2024-06-30 14205172 2023-07-01 2024-06-30 14205172 frs-core:CurrentFinancialInstruments 2024-06-30 14205172 frs-core:ComputerEquipment 2023-07-01 2024-06-30 14205172 frs-core:PlantMachinery 2024-06-30 14205172 frs-core:PlantMachinery 2023-07-01 2024-06-30 14205172 frs-core:PlantMachinery 2023-06-30 14205172 frs-core:SharePremium 2024-06-30 14205172 frs-core:ShareCapital 2024-06-30 14205172 frs-core:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 14205172 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14205172 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14205172 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14205172 frs-bus:SmallEntities 2023-07-01 2024-06-30 14205172 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14205172 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14205172 frs-core:UnlistedNon-exchangeTraded 2024-06-30 14205172 frs-core:UnlistedNon-exchangeTraded 2023-06-30 14205172 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 14205172 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 14205172 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 14205172 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 14205172 frs-bus:Director1 2023-07-01 2024-06-30 14205172 frs-bus:Director2 2023-07-01 2024-06-30 14205172 frs-bus:Director3 2023-07-01 2024-06-30 14205172 frs-bus:Director4 2023-07-01 2024-06-30 14205172 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 14205172 frs-countries:EnglandWales 2023-07-01 2024-06-30 14205172 2022-06-30 14205172 2023-06-30 14205172 2022-07-01 2023-06-30 14205172 frs-core:CurrentFinancialInstruments 2023-06-30 14205172 frs-core:SharePremium 2022-06-30 14205172 frs-core:SharePremium 2023-06-30 14205172 frs-core:ShareCapital 2022-06-30 14205172 frs-core:ShareCapital 2023-06-30 14205172 frs-core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 14205172 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-06-30 14205172 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14205172
Zeebus Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Davey Grover Ltd
Chartered Accountants
4 Fenice Court
Phoenix Business Park
St. Neots
Cambridgeshire
PE19 8EP
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Statement of Financial Position
Registered number: 14205172
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,181 8,665
Investments 5 3 3
18,184 8,668
CURRENT ASSETS
Debtors 6 52,368 58,519
Cash at bank and in hand 56,183 34,859
108,551 93,378
Creditors: Amounts Falling Due Within One Year 7 (61,728 ) (132,446 )
NET CURRENT ASSETS (LIABILITIES) 46,823 (39,068 )
TOTAL ASSETS LESS CURRENT LIABILITIES 65,007 (30,400 )
NET ASSETS/(LIABILITIES) 65,007 (30,400 )
CAPITAL AND RESERVES
Called up share capital 8 1,027 841
Share premium account 544,713 159,899
Income Statement (480,733 ) (191,140 )
SHAREHOLDERS' FUNDS 65,007 (30,400)
Page 1
Page 2
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr R J Hosier
Director
13 March 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Income Statement Total
£ £ £ £
As at 1 July 2022 841 - - 841
Loss for the year and total comprehensive income - - (191,140 ) (191,140)
Arising on shares issued during the period - 159,899 - 159,899
As at 30 June 2023 and 1 July 2023 841 159,899 (191,140 ) (30,400)
Loss for the year and total comprehensive income - - (289,593 ) (289,593)
Arising on shares issued during the period 186 384,814 - 385,000
As at 30 June 2024 1,027 544,713 (480,733 ) 65,007
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Zeebus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14205172 . The registered office is West Wing Hatchet Lane, Stonely, St. Neots, Cambridgeshire, PE19 5EG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The accounts have been prepared on the going concern basis on the assumption that the support of the company's directors and creditors will continue. On this basis, the directors considers it appropriate to prepare financial statements on a going concern basis.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Computer Equipment 33.3% Striaght line
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
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2.4. Consolidation
The financial statements contain information about Zeebus Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirement to prepare consolidated financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 July 2023 8,989
Additions 15,246
As at 30 June 2024 24,235
Depreciation
As at 1 July 2023 324
Provided during the period 5,730
As at 30 June 2024 6,054
Net Book Value
As at 30 June 2024 18,181
As at 1 July 2023 8,665
5. Investments
Unlisted
£
Cost
As at 1 July 2023 3
As at 30 June 2024 3
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 3
As at 1 July 2023 3
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Page 6
The company's investment at 30 June 2024 and 30 June 2023 represents a 100% share holding in the following company;
Zeebus Repower Ltd
Registered Office: West Wing Hatchet Lane, Stonely, St. Neots, Cambs. PE19 5EG.
Company Number: 14205194
The investment has been valued at historical cost, as the directors are unable to obtain a reliable valuation.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 52,368 58,519
52,368 58,519
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,868 8,573
Amounts owed to participating interests 3 3
Other creditors 55,692 123,737
Taxation and social security 2,165 133
61,728 132,446
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,027 841
Page 6