Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 false true false 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01 The principal activity of the company is of an investment company.2 true 11776558 2024-01-01 2024-12-31 11776558 2023-01-01 2023-12-31 11776558 2024-12-31 11776558 2023-12-31 11776558 c:Director1 2024-01-01 2024-12-31 11776558 d:CurrentFinancialInstruments 2024-12-31 11776558 d:CurrentFinancialInstruments 2023-12-31 11776558 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11776558 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11776558 d:ShareCapital 2024-12-31 11776558 d:ShareCapital 2023-12-31 11776558 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 11776558 d:RetainedEarningsAccumulatedLosses 2024-12-31 11776558 d:RetainedEarningsAccumulatedLosses 2023-12-31 11776558 c:OrdinaryShareClass1 2024-01-01 2024-12-31 11776558 c:OrdinaryShareClass1 2024-12-31 11776558 c:FRS102 2024-01-01 2024-12-31 11776558 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11776558 c:FullAccounts 2024-01-01 2024-12-31 11776558 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11776558 6 2024-01-01 2024-12-31 11776558 2 2024-12-31 11776558 2 2023-12-31 11776558 f:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11776558 ZIMLIPS LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ZIMLIPS LTD
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 6
ZIMLIPS LTD REGISTERED NUMBER:11776558
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 2,000,358 |  | 1,940,993
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 1,051 |  | 1,051 |
Cash at bank and in hand |  | 3,624 |  | 90,797 |
|  | 4,675 |  | 91,848 |
Creditors: amounts falling due within one year | 7 | (1,356,113) |  | (1,528,344) |
Net current liabilities |  |  | (1,351,438) |  | (1,436,496)
Net assets |  |  | 648,920 |  | 504,497
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 1 |  | 1
Profit and loss account | 9 |  | 648,919 |  | 504,496
|  |  | 648,920 |  | 504,497
Page 1
ZIMLIPS LTD REGISTERED NUMBER:11776558
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2024 The directors consider 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 directors acknowledge their 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 10 June 2025.
C R Phillips
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
ZIMLIPS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
The company's legal form is that of a unlimited company incorporated in the United Kingdom. The company's registered office is 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB. The principal activity of the company is of an investment company. 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 | Going concern
The financial statements have been prepared on the assumption that the company is able to carry on business as a going concern. The directors, who are also shareholders, will continue to support the company by way of loans as necessary to enable it to continue trading for the forseeable future.
| 2.3 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is £ sterling. 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. Page 3
ZIMLIPS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Valuation of investments
Investments in both listed and unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
| 2.5 | 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.
| 2.6 | Creditors
Short term creditors are measured at the transaction price.
3. | Employees
The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
4. | Taxation
Factors that may affect future tax charges The company has tax losses of £20,902 to carry forward to offset against future trading profits. Page 4
ZIMLIPS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 January 2024 | 1,940,993
| Additions | 471,698
| Disposals | (475,008)
| Revaluations | 62,675
| At 31 December 2024 | 2,000,358
| Net book value |
| At 31 December 2024 | 2,000,358
| At 31 December 2023 | 1,940,993
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Prepayments and accrued income | 1,051 | 1,051
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Directors loan | 1,350,233 | 1,522,824
| Accruals | 5,880 | 5,520
|  | 1,356,113 | 1,528,344
| The loan from the directors is interest free and is repayable on demand.
Page 5
ZIMLIPS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 Ordinary share of £1.00 | 1 | 1
9. | Reserves
Profit and loss account Included in profit and loss reserves are unrealised gains amounting to £80,253 (2023 - £19,172) which are not distributable.
Page 6