Zygo Technologies Limited,Ltd - AccountsLtd - Accounts

ZYGO TECHNOLOGIES LIMITED - Company Information

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Zygo Technologies Limited

Registered Number:06446175

For the year ended 31 March 2019

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2019

Zygo Technologies Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2019

Zygo Technologies Limited

Statement of Financial Position

Registered Number :

06446175

2018

2019

Notes

Fixed assets

Intangible assets

355,000

Property, plant and equipment

156,037

208,049

Financial assets

10,750

521,787

573,799

Current assets

Trade and other receivables

658,834

690,836

7,251

Cash and cash equivalents

690,836

666,085

Trade and other payables: amounts falling due within one

year

(405,712)

(346,591)

260,373

344,245

Net current assets

Total assets less current liabilities

866,032

834,172

Trade and other payables: amounts falling due after more

than one year

(95,114)

(87,814)

778,218

Net assets

739,058

Capital and reserves

Called up share capital

1,000

Retained earnings

777,218

738,058

778,218

739,058

Shareholders' funds

For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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For the year ended 31 March 2019

Zygo Technologies Limited

Statement of Financial Position Continued

James Berry Director

These financial statements were approved and authorised for issue by the Board on 10 May 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2019

Zygo Technologies Limited

Notes to the Financial Statements

Statutory Information

Zygo Technologies Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 06446175.

Principal place of business:

210 Causewayside

Edinburgh

EH9 1PN

Registered address:

39 Steeple Close

Poole

BH17 9BJ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Research and development

Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% Reducing balance

Computer equipment

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2. Intangible fixed assets

Research &

Development

Total

Goodwill

Cost or valuation

10,000

At 01 April 2018

355,000

345,000

355,000

10,000

At 31 March 2019

345,000

355,000

Net book value

10,000

At 31 March 2019

345,000

At 31 March 2018

10,000

345,000

355,000

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For the year ended 31 March 2019

Zygo Technologies Limited

Notes to the Financial Statements Continued

3. Property, plant and equipment

Computer

equipment

Cost or

valuation

At 01 April 2018

343,582

At 31 March 2019

343,582

Provision for depreciation and impairment

At 01 April 2018

135,533

Charge for year

52,012

At 31 March 2019

187,545

At 31 March 2019

Net book value

156,037

At 31 March 2018

208,049

4. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 April 2018

10,750

Cost

At 31 March 2019

10,750

At 31 March 2019

Net book value

10,750

At 01 April 2018

10,750

5. Trade and other receivables

2018

2019

Trade debtors

40,000

Amounts owed by group undertakings and participating interests

650,836

658,834

690,836

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For the year ended 31 March 2019

Zygo Technologies Limited

Notes to the Financial Statements Continued

6. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft

5,984

Trade creditors

99,182

44,702

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

176,836

183,250

Taxation and social security

25,830

47,123

Other creditors

38,759

130,637

346,591

405,712

7. Trade and other payables: amounts falling due after more than one year

2018

2019

Other creditors

87,814

95,114

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