Zapatero Limited 11950440 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is business and management consultancy activities Digita Accounts Production Advanced 6.30.9574.0 true 11950440 2024-04-01 2025-03-31 11950440 2025-03-31 11950440 bus:OrdinaryShareClass1 2025-03-31 11950440 core:CurrentFinancialInstruments 2025-03-31 11950440 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11950440 core:FurnitureFittingsToolsEquipment 2025-03-31 11950440 bus:SmallEntities 2024-04-01 2025-03-31 11950440 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11950440 bus:FilletedAccounts 2024-04-01 2025-03-31 11950440 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11950440 bus:RegisteredOffice 2024-04-01 2025-03-31 11950440 bus:CompanySecretaryDirector2 2024-04-01 2025-03-31 11950440 bus:HighestPaidDirector 2024-04-01 2025-03-31 11950440 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 11950440 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11950440 bus:Agent1 2024-04-01 2025-03-31 11950440 core:OfficeEquipment 2024-04-01 2025-03-31 11950440 countries:AllCountries 2024-04-01 2025-03-31 11950440 2024-03-31 11950440 core:FurnitureFittingsToolsEquipment 2024-03-31 11950440 2023-04-01 2024-03-31 11950440 2024-03-31 11950440 bus:OrdinaryShareClass1 2024-03-31 11950440 core:CurrentFinancialInstruments 2024-03-31 11950440 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11950440

Zapatero Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Zapatero Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Zapatero Limited

Company Information

Directors

Mr Barnabas Bruce Gollings

Mrs Lois Anne Gollings

Company secretary

Mrs Lois Anne Gollings

Registered office

Bay Tree House
42 Mudeford
Mudeford
Dorset
BH23 3NL

Accountants

Gollings & Co Chartered Accountants Haddon Cottage
Victoria Road
Weybridge
Surrey
KT13 9QH

 

Zapatero Limited

(Registration number: 11950440)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

5

29,292

21,118

Cash at bank and in hand

 

12,900

5,893

 

42,192

27,011

Creditors: Amounts falling due within one year

6

(39,274)

(26,390)

Net assets

 

2,918

621

Capital and reserves

 

Called up share capital

7

4

4

Retained earnings

2,914

617

Shareholders' funds

 

2,918

621

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 June 2025 and signed on its behalf by:
 

.........................................
Mr Barnabas Bruce Gollings
Director

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Bay Tree House
42 Mudeford
Mudeford
Dorset
BH23 3NL

These financial statements were authorised for issue by the Board on 18 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Over 4 Years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

1,707

1,707

At 31 March 2025

1,707

1,707

Depreciation

At 1 April 2024

1,707

1,707

At 31 March 2025

1,707

1,707

Carrying amount

At 31 March 2025

-

-

5

Debtors

Current

2025
£

2024
£

Trade debtors

29,292

21,118

 

29,292

21,118

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

656

1,003

Taxation and social security

33,522

24,931

Other creditors

5,096

456

39,274

26,390

7

Share capital

Allotted, called up and fully paid shares

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2025

2024

No.

£

No.

£

Ordinary Shares of £1 each of £1 each

4

4

4

4

       

8

Dividends

2025

2024

£

£

Interim dividend of £19,500.00 (2024 - £20,000.00) per ordinary share

78,000

80,000

 

 

9

Related party transactions

 

Zapatero Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

2025
£

2024
£

Remuneration

36,087

36,087

Other transactions with directors

Included in other creditors an amount of £2,943 (2024: £358) is owed by the company to Mr B Gollings. This loan is unsecured, interest free and repayable on demand.

Included in other creditors an amount of £499 (2024: £NIL) is owed by the company to Mrs L Gollings. This loan is unsecured, interest free and repayable on demand.