Zero Gravity Outdoors Limited - Accounts to registrar (filleted) - small 18.2
Zero Gravity Outdoors Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2019 |
| for |
| Zero Gravity Outdoors Limited |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Zero Gravity Outdoors Limited |
| Company Information |
| for the Year Ended 31 March 2019 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| 2 Belgrave Crescent |
| Scarborough |
| North Yorkshire |
| YO11 1UB |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Balance Sheet |
| 31 March 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2019 |
| 1. | Statutory information |
| Zero Gravity Outdoors Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of the business in 2009 has now |
| been written off in full. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are |
| measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
| except to the extent that it relates to items recognised in other comprehensive income or directly in |
| equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
| enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
| different from those in which they are recognised in financial statements. Deferred tax is measured |
| using tax rates and laws that have been enacted or substantively enacted by the year end and that are |
| expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
| that they will be recovered against the reversal of deferred tax liabilities or other future taxable |
| profits. |
| Going concern |
| The Directors will continue to support the Company throughout the current year. |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 3. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 April 2018 |
| and 31 March 2019 |
| Amortisation |
| At 1 April 2018 |
| and 31 March 2019 |
| Net book value |
| At 31 March 2019 |
| At 31 March 2018 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2018 |
| and 31 March 2019 |
| Depreciation |
| At 1 April 2018 |
| and 31 March 2019 |
| Net book value |
| At 31 March 2019 |
| At 31 March 2018 |
| 5. | Creditors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Other creditors |