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ZYPHA TECHNOLOGIES LIMITED - Company Information

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Zypha Technologies Limited

Registered Number:06364484

For the year ended 31 March 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2023

Zypha Technologies Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

06364484

As at 31 March 2023

Zypha Technologies Limited

Statement of Financial Position

2022

2023

Notes

Fixed assets

Intangible assets

94,344

Property, plant and equipment

150,973

Financial assets

1,810,251

1,904,595

2,055,568

Current assets

Trade and other receivables

295,098

391,146

Cash and cash equivalents

391,146

295,144

Trade and other payables: amounts falling due within one

year

(29,424)

(28,507)

265,720

362,639

Net current assets

Total assets less current liabilities

2,267,234

2,321,288

Trade and other payables: amounts falling due after more

than one year

(1,304,104)

(1,355,519)

911,715

Net assets

1,017,184

Capital and reserves

Called up share capital

1,402,403

Share premium account

125,492

Revaluation reserve

401,714

Retained earnings

(1,017,894)

(912,425)

911,715

1,017,184

Shareholders' funds

For the year ended 31 March 2023 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 2023 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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Registered Number :

06364484

For the year ended 31 March 2023

Zypha Technologies Limited

Statement of Financial Position Continued

Derek Bell Director

These financial statements were approved and authorised for issue by the Board on 08 June 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2023

Zypha Technologies Limited

Notes to the Financial Statements

Statutory Information

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

registration number 06364484.

Principal place of business:

210 Causewayside

Edinburgh

EH9 1PN

Registered address:

39 Steeple Close

West Canford Heath

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.

2. Intangible fixed assets

Research &

Development

Cost or valuation

At 01 April 2022

94,344

At 31 March 2023

94,344

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For the year ended 31 March 2023

Zypha Technologies Limited

Notes to the Financial Statements Continued

3. Property, plant and equipment

Computer

equipment

Cost or

valuation

At 01 April 2022

150,973

At 31 March 2023

150,973

Provision for depreciation and impairment

Charge for year

150,973

At 31 March 2023

150,973

At 31 March 2023

Net book value

At 31 March 2022

150,973

4. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 April 2022

1,810,251

Cost

At 31 March 2023

1,810,251

At 31 March 2023

Net book value

1,810,251

At 01 April 2022

1,810,251

5. Trade and other receivables

2022

2023

Other debtors

391,146

295,098

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

Other debtors

391,146

295,098

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For the year ended 31 March 2023

Zypha Technologies Limited

Notes to the Financial Statements Continued

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

2022

2023

Bank loans and overdraft (secured)

28,507

29,424

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

2022

2023

Bank loans and overdraft

50,365

48,621

Bank loans and overdraft (secured)

7,014

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

927,949

971,803

Other creditors

377,205

276,666

1,355,519

1,304,104

8. Reserves

Total

Revaluation reserve at 01 April 2022

401,714

Revaluation reserve at 31 March 2023

9. Average number of persons employed

During the year the average number of employees was 3 (2022 : 3)

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