Acorah Software Products - Accounts Production 16.3.350 false true true false 8 August 2023 31 August 2024 31 August 2024 15057044 M Blamires P A Feltwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15057044 2023-08-07 15057044 2024-08-31 15057044 2023-08-08 2024-08-31 15057044 frs-core:CurrentFinancialInstruments 2024-08-31 15057044 frs-core:ShareCapital 2024-08-31 15057044 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15057044 frs-bus:PrivateLimitedCompanyLtd 2023-08-08 2024-08-31 15057044 frs-bus:FilletedAccounts 2023-08-08 2024-08-31 15057044 frs-bus:SmallEntities 2023-08-08 2024-08-31 15057044 frs-bus:AuditExempt-NoAccountantsReport 2023-08-08 2024-08-31 15057044 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-08 2024-08-31 15057044 frs-bus:Director1 2023-08-08 2024-08-31 15057044 frs-bus:Director2 2023-08-08 2024-08-31 15057044 frs-countries:EnglandWales 2023-08-08 2024-08-31
Registered number: 15057044
Zingshare Limited
Financial Statements
For the Period 8 August 2023 to 31 August 2024
Gravitate Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15057044
31 August 2024
Notes £ £
CURRENT ASSETS
Debtors 4 1,764
Cash at bank and in hand 24,548
26,312
Creditors: Amounts Falling Due Within One Year 5 (35,473 )
NET CURRENT ASSETS (LIABILITIES) (9,161 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,161 )
NET LIABILITIES (9,161 )
CAPITAL AND RESERVES
Called up share capital 6 2
Profit and Loss Account (9,163 )
SHAREHOLDERS' FUNDS (9,161)
For the period ending 31 August 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 Profit and Loss Account.
On behalf of the board
P A Feltwell
Director
11th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Zingshare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15057044 . The registered office is Mala Wala Birds Drove, Surfleet, Spalding, PE11 4BE.
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.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Debtors
31 August 2024
£
Due within one year
Prepayments and accrued income 1,762
Other debtors 2
1,764
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Trade creditors 473
Other creditors 35,000
35,473
Page 2
Page 3
6. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 2
7. Related Party Transactions
Included within Other Debtors are loans to related parties amounting to £2. These loans are unsecured, interest free and repayable on demand.
8. Reporting Period Length
The financial statements are the company's first since incorporation. The reporting period is 8th August 2023 to 31st August 2024, a period of more than one year.
Page 3