IRIS Accounts Production v25.1.0.734 12624026 Board of Directors 1.1.24 31.12.24 31.12.24 29/4/25 false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh126240262023-12-31126240262024-12-31126240262024-01-012024-12-31126240262022-12-31126240262023-01-012023-12-31126240262023-12-3112624026ns15:EnglandWales2024-01-012024-12-3112624026ns14:PoundSterling2024-01-012024-12-3112624026ns10:Director12024-01-012024-12-3112624026ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112624026ns10:SmallEntities2024-01-012024-12-3112624026ns10:Audited2024-01-012024-12-3112624026ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112624026ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112624026ns10:FullAccounts2024-01-012024-12-311262402612024-01-012024-12-3112624026ns10:Director22024-01-012024-12-3112624026ns10:Director32024-01-012024-12-3112624026ns10:RegisteredOffice2024-01-012024-12-3112624026ns5:CurrentFinancialInstruments2024-12-3112624026ns5:CurrentFinancialInstruments2023-12-3112624026ns5:ShareCapital2024-12-3112624026ns5:ShareCapital2023-12-3112624026ns5:SharePremium2024-12-3112624026ns5:SharePremium2023-12-3112624026ns5:RetainedEarningsAccumulatedLosses2024-12-3112624026ns5:RetainedEarningsAccumulatedLosses2023-12-3112624026ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3112624026ns5:ComputerSoftware2024-01-012024-12-3112624026ns5:IntangibleAssetsOtherThanGoodwill2023-12-3112624026ns5:IntangibleAssetsOtherThanGoodwill2024-12-3112624026ns5:IntangibleAssetsOtherThanGoodwill2023-12-3112624026ns5:PlantMachinery2023-12-3112624026ns5:PlantMachinery2024-01-012024-12-3112624026ns5:PlantMachinery2024-12-3112624026ns5:PlantMachinery2023-12-3112624026ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3112624026ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31126240261ns10:Director12023-12-31126240261ns10:Director12022-12-31126240261ns10:Director12024-01-012024-12-31126240261ns10:Director12023-01-012023-12-31126240261ns10:Director12024-12-31126240261ns10:Director12023-12-31
REGISTERED NUMBER: 12624026 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SPOTTED ZEBRA SOLUTIONS LTD

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPOTTED ZEBRA SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: I J Monk
N Shaw
C Ferrer Roqueta





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 12624026 (England and Wales)





AUDITORS: Xeinadin Audit Limited
Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
(Unaudited)
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 6,024
Tangible assets 5 33,139 44,966
33,139 50,990

CURRENT ASSETS
Debtors 6 308,499 228,365
Cash at bank 4,221,260 7,529,681
4,529,759 7,758,046
CREDITORS
Amounts falling due within one year 7 (446,130 ) (742,699 )
NET CURRENT ASSETS 4,083,629 7,015,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,116,768

7,066,337

PROVISIONS FOR LIABILITIES (6,296 ) (9,688 )
NET ASSETS 4,110,472 7,056,649

CAPITAL AND RESERVES
Called up share capital 8 144 144
Share premium 9,199,408 9,188,298
Retained earnings (5,089,080 ) (2,131,793 )
4,110,472 7,056,649

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 28 April 2025 and were signed on its behalf by:





I J Monk - Director


SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Spotted Zebra Solutions Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

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

Office equipment - 33%
Computer equipment - 33%

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.

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. Accounting policies - continued

Research and development costs
All research and development costs are expensed as incurred in the period in which they arise.

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.

3. Employees and directors

The average number of employees during the year was 28 (2023 - 20 ) .

4. Intangible fixed assets
Other
intangible
assets
£   
Cost
At 1 January 2024
and 31 December 2024 93,852
Amortisation
At 1 January 2024 87,828
Charge for year 6,024
At 31 December 2024 93,852
Net book value
At 31 December 2024 -
At 31 December 2023 6,024

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 January 2024 54,022
Additions 11,385
Disposals (5,053 )
At 31 December 2024 60,354
Depreciation
At 1 January 2024 9,056
Charge for year 19,840
Eliminated on disposal (1,681 )
At 31 December 2024 27,215
Net book value
At 31 December 2024 33,139
At 31 December 2023 44,966

6. Debtors: amounts falling due within one year
2024 2023
(Unaudited)
£    £   
Trade debtors 224,185 130,970
Other debtors 84,314 97,395
308,499 228,365

7. Creditors: amounts falling due within one year
2024 2023
(Unaudited)
£    £   
Trade creditors 22,484 246,015
Taxation and social security 113,916 120,429
Other creditors 309,730 376,255
446,130 742,699

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. Called up share capital

Alloted, issued, and fully paid:

Number Class Nominal Value 31.12.2024 31.12.2023

850,750 (2023: 791,894) Ordinary 0.0001 85 79
199,224 (2023: 204,144) Ordinary A 0.0001 20 20
391,146 (2023: 444,992) Series A 0.0001 39 44
972 (2023: Nil) B Ordinary 0.0001 - -

144 143

The following shares were issued during the period:
972 B Ordinary shares for cash of £11,110

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Donald Nelson FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

10. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
(Unaudited)
£    £   
I J Monk
Balance outstanding at start of year - -
Amounts advanced 419 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 419 -

This loan is unsecured, interest free and technically repayable on demand.

SPOTTED ZEBRA SOLUTIONS LTD (REGISTERED NUMBER: 12624026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


11. Related party disclosures

During the year, the company engaged in transactions with Zelt Ltd, a company in which C Ferrer Roqueta is also a director.

The company paid £17,777 to Zelt Ltd for computer software, subscriptions and computer equipment (2023: £49,675).
These transactions were conducted on normal commercial terms.
At the balance sheet date, an amount of £Nil was outstanding and is included in trade creditors (2023: £4,595).

All transactions were carried out in the ordinary course of business and were approved by the board.

12. Share-based payment transactions

Share Options31.12.202431.12.2023
NumberNumber

Outstanding at the beginning of the year82,745-
Granted at the beginning of the year-82,745
Exercised during the year972-
Cancelled during the year40,351-

Outstanding at the end of the year41,42282,745


The total charge for the year relating to employee share based payment plan was £11,110 (2023: £Nil) in accordance with provisions of FRS 102 (Section 1A).

On 18 August 2023, the Company commenced the operation of an Enterprise Management Incentive scheme (EMI). At 31 December 2024 35,155 (2023: 73,493) EMI options remained in issue. These options have an exercise price of between £5.93 and £21.43 per share.