Zim Design Limited - Period Ending 2020-09-30
Zim Design Limited - Period Ending 2020-09-30
Registration number:
Zim Design Limited
for the Year Ended 30 September 2020
Zim Design Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Zim Design Limited
Company Information
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Director |
Shannon Appel |
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Registered office |
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Accountants |
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Zim Design Limited
Director's Report for the Year Ended 30 September 2020
The director presents his report and the financial statements for the year ended 30 September 2020.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Director of the company
The director who held office during the year was as follows:
Going concern
The financial statements have been prepared on a going concern basis.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Director
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Zim Design Limited
for the Year Ended 30 September 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Zim Design Limited for the year ended 30 September 2020 as set out on pages 4 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Zim Design Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Zim Design Limited and state those matters that we have agreed to state to the Board of Directors of Zim Design Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zim Design Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Zim Design Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Zim Design Limited. You consider that Zim Design Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Zim Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Marina Keep
Port Solent
Hampshire,
United Kingdom,
PO6 4TH
Zim Design Limited
(Registration number: 08673718)
Balance Sheet as at 30 September 2020
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2020 |
2019 |
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Fixed assets |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
- |
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Capital and reserves |
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Zim Design Limited
(Registration number: 08673718)
Balance Sheet as at 30 September 2020
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Director
Zim Design Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2020
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Accounting Policies |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Computer Equipment |
Straight line over 3 - 4 years |
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Related party transactions |
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Transactions with directors |
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2020 |
At 1 October 2019 |
Advances to directors |
At 30 September 2020 |
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Shannon Appel |
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Interest free loan |
( |
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Zim Design Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2020
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2019 |
At 1 October 2018 |
Advances to directors |
Repayments by director |
At 30 September 2019 |
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Shannon Appel |
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Interest free loan |
( |
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( |
( |