Companies House iXbrl

ZERNAGER LIMITED - Company Information

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Registered number: 07640119

Zernager Limited

Unaudited Financial Statements

for the year ended 31 December 2018

Statement of Financial Position

as at 31 December 2018

2018

2017

Called up share capital not paid

Fixed assets

1,113

1,110

Current assets

23,634

30,627

Prepayments and accrued income

Creditors: amounts falling due within one year

( 12,967 )

( 18,313 )

Net current assets (liabilities)

10,667

12,314

Total assets less current liabilities

11,780

13,424

Creditors: amounts falling due after more than one year

Provisions for liabilities

Accruals and deferred income

Net assets

11,780

13,424

Capital and reserves

11,780

13,424

07640119 2018-01-01 2018-12-31 07640119 2017-01-01 2017-12-31 07640119 2018-12-31 07640119 2017-12-31 07640119 2018-01-01 07640119 uk-frs102:WithinOneYear 2018-12-31 07640119 uk-frs102:AfterOneYear 2018-12-31 07640119 uk-frs102:WithinOneYear 2017-12-31 07640119 uk-frs102:AfterOneYear 2017-12-31 07640119 uk-bus:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 07640119 uk-bus:AbbreviatedAccounts 2018-01-01 2018-12-31 07640119 uk-bus:Director1 1 2018-01-01 2018-12-31 07640119 uk-bus:Director1 2018-01-01 2018-12-31 07640119 uk-bus:Director1 1 2018-01-01 07640119 uk-bus:Director1 1 2018-12-31 07640119 uk-bus:Micro-entities 2018-01-01 2018-12-31 07640119 uk-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 iso4217:GBP 07640119 countries:EnglandWales 2018-01-01 2018-12-31 07640119 uk-bus:RegisteredOffice 2018-01-01 2018-12-31

Footnotes to the Statement of Financial Position

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Rex Regan

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £9,050 by Rex Regan, a director of the company, on 01/01/2018.

During the accounting year the maximum amount repayable to Rex Regan was £9,842

The following conditions are attached to amount payable to Rex Regan:

There is no interest due to be paid on any outstanding amount
No fixed date has been set for the amount to be repaid by the company.

Opening balance 01/01/2018	Additional advance	Amount repaid	Amount written off	Amounts waived	Interest payable	Closing balance 31/12/2018
£	£	£	£	£	£	£
334	( 69,412 ) ( 69,412 )	78,128 78,128	0	0	0	9,050

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/12/2018 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 Companies Act 2006 with respect to accounting records and the preparation of accounts