1 May 2024 false No description of principal activity Taxfiler 2024.6 true 13311831 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13311831 2024-04-30 13311831 2024-05-01 2025-04-30 13311831 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13311831 business:FilletedAccounts 2024-05-01 2025-04-30 13311831 2025-04-30 13311831 business:Director1 2024-05-01 2025-04-30 13311831 business:Director2 2024-05-01 2025-04-30 13311831 business:Director3 2024-05-01 2025-04-30 13311831 business:RegisteredOffice 2024-05-01 2025-04-30 13311831 2024-04-30 13311831 core:WithinOneYear 2025-04-30 13311831 core:WithinOneYear 2024-04-30 13311831 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 13311831 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 13311831 core:SharePremium core:PreviouslyStatedAmount 2025-04-30 13311831 core:SharePremium core:PreviouslyStatedAmount 2024-04-30 13311831 core:CapitalContributionReserve core:PreviouslyStatedAmount 2025-04-30 13311831 core:CapitalContributionReserve core:PreviouslyStatedAmount 2024-04-30 13311831 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 13311831 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 13311831 core:PreviouslyStatedAmount 2025-04-30 13311831 core:PreviouslyStatedAmount 2024-04-30 13311831 business:SmallEntities 2024-05-01 2025-04-30 13311831 countries:EnglandWales 2024-05-01 2025-04-30 13311831 core:ComputerEquipment 2024-05-01 2025-04-30 13311831 core:ComputerEquipment 2024-04-30 13311831 core:ComputerEquipment 2025-04-30 13311831 core:AdditionsToInvestments 2025-04-30 13311831 core:WithinOneYear 2024-05-01 2025-04-30 13311831 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 13311831 (England and Wales)
Zenpulsar Ltd Unaudited accounts for the year ended 30 April 2025
Zenpulsar Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Zenpulsar Ltd Company Information for the year ended 30 April 2025
Directors
Julien Artero Charles Desclos Alexander Pisemskiy
Company Number
13311831 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
The Accountancy Cloud Level 5a Maple House 149 Tottenham Court Road London W1T 7NF
- 3 -
Zenpulsar Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
776
1,217
Investments
5
4,033
1,987
4,809
3,204
Current assets
Debtors
6
22,974
3,248
Cash at bank and in hand
66
24,147
23,040
27,395
Creditors: amounts falling due within one year
7
(76,209)
(97,513)
Net current liabilities
(53,169)
(70,118)
Net liabilities
(48,360)
(66,914)
Capital and reserves
Called up share capital
139
126
Share premium
1,306,185
1,110,323
Capital contribution reserve
82,662
21,240
Profit and loss account
(1,437,346)
(1,198,603)
Shareholders' funds
(48,360)
(66,914)
For the year ending 30 April 2025 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 20 July 2026 and were signed on its behalf by
Julien Artero Director Company Registration No. 13311831
- 4 -
Zenpulsar Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Zenpulsar Ltd is a private company, limited by shares, registered in England and Wales, registration number 13311831. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
Going concern
The company has made losses in the year as it is currently in its start up phase. The company has the financial support of its shareholders and the directors consider the company to have adequate resources to continue in business for at least 12 months from the date of approval of the financial statements. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Research and development tax credit
During the financial year, Zenpulsar Ltd received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
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:
Computer equipment
4 Years
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.
- 5 -
Zenpulsar Ltd Notes to the Accounts for the year ended 30 April 2025
Investments
Investments in shares are included at fair value.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 May 2024
1,763
At 30 April 2025
1,763
Depreciation
At 1 May 2024
546
Charge for the year
441
At 30 April 2025
987
Net book value
At 30 April 2025
776
At 30 April 2024
1,217
5
Investments
Subsidiary undertakings
£
Valuation at 1 May 2024
1,987
Additions
2,046
Valuation at 30 April 2025
4,033
Investments includes an investment of £1,987 (2023: £867) in Zenpulsar Portugal, a subsidiary of the company.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
204
2,234
Trade debtors
18,582
-
Accrued income and prepayments
802
802
Other debtors
3,386
212
22,974
3,248
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
76,059
11,833
Other creditors
-
81,971
Loans from directors
150
150
Deferred income
-
3,559
76,209
97,513
Included in other creditors is a convertible loan of £nil (2024: £81,974). The loan was converted into equity during the year.
- 6 -
Zenpulsar Ltd Notes to the Accounts for the year ended 30 April 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -