1 December 2024 true No description of principal activity Taxfiler 2024.6 SC581494 business:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC581494 2024-11-30 SC581494 business:EntityNoLongerTradingButTradedInPast 2024-12-01 2025-11-30 SC581494 2024-12-01 2025-11-30 SC581494 business:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 SC581494 business:FilletedAccounts 2024-12-01 2025-11-30 SC581494 2025-11-30 SC581494 business:Director1 2024-12-01 2025-11-30 SC581494 business:Director2 2024-12-01 2025-11-30 SC581494 business:RegisteredOffice 2024-12-01 2025-11-30 SC581494 2024-11-30 SC581494 core:WithinOneYear 2025-11-30 SC581494 core:WithinOneYear 2024-11-30 SC581494 core:AfterOneYear 2025-11-30 SC581494 core:AfterOneYear 2024-11-30 SC581494 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-30 SC581494 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 SC581494 core:PreviouslyStatedAmount 2025-11-30 SC581494 core:PreviouslyStatedAmount 2024-11-30 SC581494 business:SmallEntities 2024-12-01 2025-11-30 SC581494 countries:Scotland 2024-12-01 2025-11-30 SC581494 core:ComputerEquipment 2024-12-01 2025-11-30 SC581494 core:MotorVehicles 2024-11-30 SC581494 core:ComputerEquipment 2024-11-30 SC581494 core:MotorVehicles 2025-11-30 SC581494 core:ComputerEquipment 2025-11-30 SC581494 core:WithinOneYear 2024-12-01 2025-11-30 SC581494 core:AfterOneYear 2024-12-01 2025-11-30 SC581494 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC581494 (Scotland)
Zortrex Ltd Unaudited accounts for the year ended 30 November 2025
Zortrex Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Zortrex Ltd Company Information for the year ended 30 November 2025
Directors
Susan Brown Stephen Ian Gordon
Company Number
SC581494 (Scotland)
Registered Office
UNIT 17 MID ROAD INDUSTRIAL ESTATE, MID ROAD, PR PRESTONPANS EAST LOTHIAN EH32 9ER SCOTLAND
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Zortrex Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
16,357
16,357
Current assets
Debtors
5
113,970
113,970
Cash at bank and in hand
1,743
1,743
115,713
115,713
Creditors: amounts falling due within one year
6
(396,473)
(396,473)
Net current liabilities
(280,760)
(280,760)
Total assets less current liabilities
(264,403)
(264,403)
Creditors: amounts falling due after more than one year
7
(2,534,045)
(2,534,045)
Net liabilities
(2,798,448)
(2,798,448)
Capital and reserves
Profit and loss account
(2,798,448)
(2,798,448)
Shareholders' funds
(2,798,448)
(2,798,448)
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 14 August 2026 and were signed on its behalf by
Susan Brown Director Company Registration No. SC581494
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Zortrex Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Zortrex Ltd is a private company, limited by shares, registered in Scotland, registration number SC581494. The registered office is UNIT 17, MID ROAD INDUSTRIAL ESTATE, MID ROAD, PR, PRESTONPANS, EAST LOTHIAN, EH32 9ER, SCOTLAND.
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred. R&D spend for this year totals £932,250 (2019:£713,000) and this is the figure used for claiming R&D Tax Credits for the year. The expected tax credit figure is recorded as a debtor in the accounts.
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
20% straight line depreciation
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
19,000
2,955
21,955
At 30 November 2025
19,000
2,955
21,955
Depreciation
At 1 December 2024
3,800
1,798
5,598
At 30 November 2025
3,800
1,798
5,598
Net book value
At 30 November 2025
15,200
1,157
16,357
At 30 November 2024
15,200
1,157
16,357
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Zortrex Ltd Notes to the Accounts for the year ended 30 November 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
43,915
43,915
Other debtors
70,055
70,055
113,970
113,970
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
396,473
396,473
Amounts totalling £nil (2020: £25,000) relate to development and set up costs incurred by directors. The amounts are interest-free with no set repayment terms.
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
2,534,045
2,534,045
The balance of £2,532,750 (2020;£2,532,750) reflects eligible R&D work done to date that forms the basis of relevant R&D Tax Credit applications.
8
Transactions with related parties
Stephen Gordon, a company director, was paid £nil (2020: £10,500) for financial and consulting services provided during the year.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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