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ZYGO INTERNATIONAL LIMITED - Company Information

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Zygo International Limited

Registered Number:06214947

For the year ended 31 March 2020

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2020

Zygo International Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

06214947

As at 31 March 2020

Zygo International Limited

Statement of Financial Position

2019

2020

Notes

Fixed assets

Intangible assets

174,758

138,750

Property, plant and equipment

21,550

26,800

196,308

165,550

Current assets

Trade and other receivables

193,686

132,905

193,686

Trade and other payables: amounts falling due within one

year

(81,022)

(34,515)

112,664

98,390

Net current assets

Total assets less current liabilities

294,698

278,214

294,698

Net assets

278,214

Capital and reserves

Called up share capital

10,000

Retained earnings

284,698

268,214

294,698

278,214

Shareholders' funds

For the year ended 31 March 2020 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 2020 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.

James Berry Director

These financial statements were approved and authorised for issue by the Board on 14 December 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2020

Zygo International Limited

Notes to the Financial Statements

Statutory Information

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

registration number 06214947.

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.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

2. Intangible fixed assets

Other

Intangible

Assets

Cost or valuation

At 01 April 2019

138,750

Additions

36,008

At 31 March 2020

174,758

Net book value

At 31 March 2020

174,758

At 31 March 2019

138,750

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For the year ended 31 March 2020

Zygo International Limited

Notes to the Financial Statements Continued

3. Property, plant and equipment

Computer

equipment

Cost or

valuation

At 01 April 2019

50,000

At 31 March 2020

50,000

Provision for depreciation and impairment

At 01 April 2019

23,200

Charge for year

5,250

At 31 March 2020

28,450

At 31 March 2020

Net book value

21,550

At 31 March 2019

26,800

4. Trade and other receivables

2019

2020

Amounts owed by group undertakings and participating interests

128,719

193,686

Other debtors

4,186

193,686

132,905

The debtors above include the following amounts falling due after more than one year:

Amounts owed by group undertakings and participating interests

128,719

193,686

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

2019

2020

Bank loans and overdraft

9,527

7,490

Trade creditors

24,988

64,988

Other creditors

8,544

34,515

81,022

6. Average number of persons employed

During the year the average number of employees was 2 (2019 : 2)

7. Parent-subsidary relationship

The ultimate controlling party is Zypha Technologies Limited, a company registered in England..

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For the year ended 31 March 2020

Zygo International Limited

Notes to the Financial Statements Continued

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