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Company Registration No. 13672518 (England and Wales)
Zeki Research Limited Unaudited accounts for the year ended 31 December 2024
Zeki Research Limited Unaudited accounts Contents
Page
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Zeki Research Limited Company Information for the year ended 31 December 2024
Directors
Thomas Robert Benedict Hurd Margaret Bergen Charles Bowdoin Train
Secretary
OHS Secretaries Limited
Company Number
13672518 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
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Zeki Research Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,126 
17,212 
Current assets
Debtors
94,326 
48,462 
Cash at bank and in hand
1,332,752 
1,750,557 
1,427,078 
1,799,019 
Creditors: amounts falling due within one year
(56,662)
(59,684)
Net current assets
1,370,416 
1,739,335 
Net assets
1,386,542 
1,756,547 
Capital and reserves
Called up share capital
17 
15 
Share premium
5,105,096 
3,605,103 
Profit and loss account
(3,718,571)
(1,848,571)
Shareholders' funds
1,386,542 
1,756,547 
For the year ending 31 December 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Margaret Bergen Director Company Registration No. 13672518
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Zeki Research Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Zeki Research Limited is a private company, limited by shares, registered in England and Wales, registration number 13672518. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Zeki Research Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
19,469 
Additions
4,496 
At 31 December 2024
23,965 
Depreciation
At 1 January 2024
2,257 
Charge for the year
5,582 
At 31 December 2024
7,839 
Net book value
At 31 December 2024
16,126 
At 31 December 2023
17,212 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
20,578 
31,748 
Amounts due from group undertakings etc.
5,884 
8,795 
Accrued income and prepayments
63,799 
7,919 
Other debtors
4,065 
- 
94,326 
48,462 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
10,009 
12,115 
Taxes and social security
4,669 
5,228 
Loans from directors
- 
1,320 
Accruals
41,984 
41,021 
56,662 
59,684 
7
Controlling party
There is no single controlling party.
8
Average number of employees
During the year the average number of employees was 10 (2023: 6).
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