Zarkava Limited

Zarkava Limited

ZARKAVA LIMITED - Company Information

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1 April 2021 false No description of principal activity Taxfiler 2022.11.1 08617617business:PrivateLimitedCompanyLtd2021-04-012022-03-31 086176172021-03-31 086176172021-04-012022-03-31 08617617business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 08617617business:FullAccounts2021-04-012022-03-31 086176172022-03-31 086176172021-03-31 08617617core:WithinOneYear2022-03-31 08617617core:WithinOneYear2021-03-31 08617617core:ShareCapital2022-03-31 08617617core:ShareCapital2021-03-31 08617617core:RetainedEarningsAccumulatedLosses2022-03-31 08617617core:RetainedEarningsAccumulatedLosses2021-03-31 08617617business:SmallEntities2021-04-012022-03-31 08617617business:Director12021-04-012022-03-31 08617617countries:EnglandWales2021-04-012022-03-31 08617617business:RegisteredOffice2021-04-012022-03-31 08617617core:FurnitureFittings2021-03-31 08617617core:FurnitureFittings2021-04-012022-03-31 08617617core:FurnitureFittings2022-03-31 08617617core:RevaluationsIncreaseDecreaseInInvestments2022-03-31 08617617core:DisposalsRepaymentsInvestments2022-03-31 08617617core:AfterOneYear2022-03-31 08617617core:AfterOneYear2021-03-31 08617617business:Director112021-04-012022-03-31 08617617business:Director112021-03-31 08617617business:Director112022-03-31 086176172020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08617617 (England and Wales)
Zarkava Limited Unaudited accounts for the year ended 31 March 2022
Zarkava Limited Unaudited accounts Contents
Page
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Zarkava Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2 
2,221 
Investments
5
- 
4,743 
2 
6,964 
Current assets
Inventories
26,325 
35,000 
Debtors
6
79,146 
63,219 
Cash at bank and in hand
112,537 
95,990 
218,008 
194,209 
Creditors: amounts falling due within one year
7
(135,465)
(85,760)
Net current assets
82,543 
108,449 
Net assets
82,545 
115,413 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
82,445 
115,313 
Shareholders' funds
82,545 
115,413 
For the year ending 31 March 2022 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 director acknowledges his 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 and authorised for issue on 17 December 2022 and were signed on its behalf by
Phil Williams Director Company Registration No. 08617617
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Zarkava Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Zarkava Limited is a private company, limited by shares, registered in England and Wales, registration number 08617617. The registered office is Foxgloves, Pantings Lane, Highclere, Newbury, RG20M 9PS, uk.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2021
15,154 
Additions
916 
At 31 March 2022
16,070 
Depreciation
At 1 April 2021
12,933 
Charge for the year
3,136 
On disposals
(1)
At 31 March 2022
16,068 
Net book value
At 31 March 2022
2 
At 31 March 2021
2,221 
5
Investments
Other investments 
£ 
Valuation at 1 April 2021
4,743 
Fair value adjustments
1,578 
Disposals
(6,321)
Valuation at 31 March 2022
- 
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Zarkava Limited Notes to the Accounts for the year ended 31 March 2022
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
62,184 
71,246 
Other debtors
16,962 
(8,027)
79,146 
63,219 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
24,287 
20,794 
Taxes and social security
33,597 
17,445 
Accruals
77,581 
47,521 
135,465 
85,760 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loans repayable on demand
(1,194)
10,772 
- 
9,578 
(1,194)
10,772 
- 
9,578 
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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