Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31public relation services.falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-08-011516falsetrue 06981238 2023-08-01 2024-07-31 06981238 2022-08-01 2023-07-31 06981238 2024-07-31 06981238 2023-07-31 06981238 2022-08-01 06981238 c:Director1 2023-08-01 2024-07-31 06981238 d:PlantMachinery 2023-08-01 2024-07-31 06981238 d:PlantMachinery 2024-07-31 06981238 d:PlantMachinery 2023-07-31 06981238 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06981238 d:FurnitureFittings 2023-08-01 2024-07-31 06981238 d:ComputerEquipment 2023-08-01 2024-07-31 06981238 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 06981238 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-31 06981238 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-31 06981238 d:CurrentFinancialInstruments 2024-07-31 06981238 d:CurrentFinancialInstruments 2023-07-31 06981238 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 06981238 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 06981238 d:ShareCapital 2024-07-31 06981238 d:ShareCapital 2023-07-31 06981238 d:ShareCapital 2022-08-01 06981238 d:SharePremium 2024-07-31 06981238 d:SharePremium 2023-07-31 06981238 d:SharePremium 2022-08-01 06981238 d:RetainedEarningsAccumulatedLosses 2023-08-01 2024-07-31 06981238 d:RetainedEarningsAccumulatedLosses 2024-07-31 06981238 d:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 06981238 d:RetainedEarningsAccumulatedLosses 2023-07-31 06981238 d:RetainedEarningsAccumulatedLosses 2022-08-01 06981238 c:FRS102 2023-08-01 2024-07-31 06981238 c:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 06981238 c:FullAccounts 2023-08-01 2024-07-31 06981238 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06981238 2 2023-08-01 2024-07-31 06981238 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-08-01 2024-07-31 06981238 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 06981238









ZPB LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
ZPB LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ZPB LIMITED
FOR THE YEAR ENDED 31 JULY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ZPB Limited for the year ended 31 July 2024 which comprise  the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of ZPB Limited in accordance with the terms of our engagement letter dated 9 October 2023Our work has been undertaken solely to prepare for your approval the financial statements of ZPB Limited and state those matters that we have agreed to state to the director of ZPB Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ZPB Limited and its director for our work or for this report. 

It is your duty to ensure that ZPB Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ZPB Limited. You consider that ZPB Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of ZPB Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



White Hart Associates (London) Limited
 
Chartered Accountants and Statutory Auditors
  
2 Lower Mortlake Road
Richmond
TW9 2JA
17 March 2025
Page 1

 
ZPB LIMITED
REGISTERED NUMBER: 06981238

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
14,319
21,124

Tangible assets
 5 
28,980
33,197

Investments
 6 
257,442
300,352

  
300,741
354,673

Current assets
  

Debtors: amounts falling due within one year
 7 
598,847
676,532

Cash at bank and in hand
 8 
794,092
532,092

  
1,392,939
1,208,624

Creditors: amounts falling due within one year
 9 
(327,872)
(437,021)

Net current assets
  
 
 
1,065,067
 
 
771,603

Total assets less current liabilities
  
1,365,808
1,126,276

  

Net assets
  
1,365,808
1,126,276


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
3,988
3,988

Profit and loss account
  
1,361,720
1,122,188

  
1,365,808
1,126,276


Page 2

 
ZPB LIMITED
REGISTERED NUMBER: 06981238
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

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 her 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 statement of comprehensive income 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 17 March 2025.


Z Bedford
Director

The notes on pages 5 to 11 form part of these financial statements.

Page 3

 
ZPB LIMITED
REGISTERED NUMBER: 06981238

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JULY 2024


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 August 2022
100
3,988
897,361
901,449



Profit for the year
-
-
314,827
314,827

Dividends: Equity capital
-
-
(90,000)
(90,000)



At 1 August 2023
100
3,988
1,122,188
1,126,276



Profit for the year
-
-
329,532
329,532

Dividends: Equity capital
-
-
(90,000)
(90,000)


At 31 July 2024
100
3,988
1,361,720
1,365,808


The notes on pages 5 to 11 form part of these financial statements.

Page 4

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The company's principal activity during the year continued to be that of public relation services.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned  from the rendering of services. Turnover from the rendering of services is recognised 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.

Page 5

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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 reporting date in the countries where the Company operates and generates income.


 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Development and website costs are being written off in equal annual instalments over its estimated economic life of 3 years.

Page 6

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

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.

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:

Fixtures and fittings
-
25%
Reducing Balance
Computer equipment
-
25%
Reducing Balance

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.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 15 (2023 - 16).

Page 7

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Intangible assets




Development and website costs

£



Cost


At 1 August 2023
181,430


Disposals
(151,222)



At 31 July 2024

30,208



Amortisation


At 1 August 2023
160,306


Charge for the year on owned assets
6,805


On disposals
(151,222)



At 31 July 2024

15,889



Net book value



At 31 July 2024
14,319



At 31 July 2023
21,124

Development and website costs are being written off in equal annual instalments over its estimated economic life of 4 years.



Page 8

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 August 2023
95,944


Additions
3,415


Disposals
(27,663)



At 31 July 2024

71,696



Depreciation


At 1 August 2023
62,747


Charge for the year on owned assets
7,632


Disposals
(27,663)



At 31 July 2024

42,716



Net book value



At 31 July 2024
28,980



At 31 July 2023
33,197

Page 9

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Fixed asset investments





Investments in subsidiary undertakings

£



Cost or valuation


At 1 August 2023
343,262



At 31 July 2024

343,262



Impairment


At 1 August 2023
42,910


Charge for the period
42,910



At 31 July 2024

85,820



Net book value



At 31 July 2024
257,442



At 31 July 2023
300,352


7.


Debtors

2024
2023
£
£


Trade debtors
291,328
465,246

Other debtors
21,718
21,718

Prepayments and accrued income
285,801
189,568

598,847
676,532


Page 10

 
ZPB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
794,092
532,092

794,092
532,092



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
27,662
16,886

Amounts owed to group undertakings
25,202
25,202

Corporation tax
146,242
117,965

Other taxation and social security costs
66,449
87,665

Other creditors
62,317
189,303

327,872
437,021



10.


Related party transactions

The Company has taken advantage of the exemption in Financial Reporting Standard 102, paragraph 33.1A, from the requirement to disclose transactions with group companies on the basis that the related party transactions made are between wholly owned subsidiaries of the company.


11.


Controlling party

The ultimate controlling party is Z Bedford, the sole director and majority owner of the issued share capital of the company.


12.


Consolidation

The company and it's subsidiary undertakings held within the year comprised a small group. The company has therefore taken advantage of the exemption provided under Financial Reporting Standard 102.

 
Page 11