Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09857802 Mr Martin Vis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09857802 2023-11-30 09857802 2024-11-30 09857802 2023-12-01 2024-11-30 09857802 frs-core:CurrentFinancialInstruments 2024-11-30 09857802 frs-core:ComputerEquipment 2024-11-30 09857802 frs-core:ComputerEquipment 2023-12-01 2024-11-30 09857802 frs-core:ComputerEquipment 2023-11-30 09857802 frs-core:FurnitureFittings 2024-11-30 09857802 frs-core:FurnitureFittings 2023-12-01 2024-11-30 09857802 frs-core:FurnitureFittings 2023-11-30 09857802 frs-core:MotorVehicles 2024-11-30 09857802 frs-core:MotorVehicles 2023-12-01 2024-11-30 09857802 frs-core:MotorVehicles 2023-11-30 09857802 frs-core:ShareCapital 2024-11-30 09857802 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09857802 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09857802 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09857802 frs-bus:SmallEntities 2023-12-01 2024-11-30 09857802 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09857802 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09857802 frs-bus:Director1 2023-12-01 2024-11-30 09857802 frs-countries:EnglandWales 2023-12-01 2024-11-30 09857802 2022-11-30 09857802 2023-11-30 09857802 2022-12-01 2023-11-30 09857802 frs-core:CurrentFinancialInstruments 2023-11-30 09857802 frs-core:ShareCapital 2023-11-30 09857802 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09857802
Zion Audio Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
LM Accounting ACMA
11 Mardley Hill
Welwyn
Herts
AL6 0UE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09857802
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 522,466 491,025
522,466 491,025
CURRENT ASSETS
Stocks 5 (20 ) -
Debtors 6 17,461 13,576
Cash at bank and in hand 6,371 18,712
23,812 32,288
Creditors: Amounts Falling Due Within One Year 7 (180,227 ) (222,491 )
NET CURRENT ASSETS (LIABILITIES) (156,415 ) (190,203 )
TOTAL ASSETS LESS CURRENT LIABILITIES 366,051 300,822
NET ASSETS 366,051 300,822
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 366,050 300,821
SHAREHOLDERS' FUNDS 366,051 300,822
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr Martin Vis
Director
29/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Zion Audio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09857802 . The registered office is 11 Mardley Hill Welwyn, Herts, AL6 0UE.
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. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 10% RB
Fixtures & Fittings 10% RB
Computer Equipment 33% SL
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 18,000 711,749 - 729,749
Additions 6,253 81,784 1,029 89,066
As at 30 November 2024 24,253 793,533 1,029 818,815
Depreciation
As at 1 December 2023 5,630 233,094 - 238,724
Provided during the period 1,238 56,044 343 57,625
As at 30 November 2024 6,868 289,138 343 296,349
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2024 17,385 504,395 686 522,466
As at 1 December 2023 12,370 478,655 - 491,025
5. Stocks
2024 2023
£ £
Stock (20 ) -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,460 13,186
Other debtors 1 390
17,461 13,576
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 398 361
Other loans 11,500 17,306
Other creditors 160,226 192,558
Taxation and social security 8,103 12,266
180,227 222,491
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4