Company Registration No. 11352647 (England and Wales)
ZICON LIMITED
Unaudited accounts
for the year ended 31 March 2023
ZICON LIMITED
Unaudited accounts
Contents
ZICON LIMITED
Company Information
for the year ended 31 March 2023
Company Number
11352647 (England and Wales)
Registered Office
36 MAYFIELD ROAD
WEYBRIDGE
KT13 8XB
UNITED KINGDOM
Accountants
Alison Morrison Limited, t/a On The Spot
1 Home Way
Petersfield
Hampshire
GU31 4EE
ZICON LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
1,185
1,837
Cash at bank and in hand
745
1,439
Creditors: amounts falling due within one year
(72,349)
(57,571)
Net current liabilities
(70,439)
(55,244)
Net liabilities
(69,254)
(53,407)
Called up share capital
1
1
Profit and loss account
(69,255)
(53,408)
Shareholders' funds
(69,254)
(53,407)
For the year ending 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 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 5 September 2023 and were signed on its behalf by
Mr R J Gray
Director
Company Registration No. 11352647
ZICON LIMITED
Notes to the Accounts
for the year ended 31 March 2023
ZICON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11352647. The registered office is 36 MAYFIELD ROAD, WEYBRIDGE, KT13 8XB, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue, described as turnover is the value of services, net of VAT and discounts, provided to customers during the year.
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:
Plant & machinery
25% per annum straight line
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income, on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
These accounts have been produced on a Going Concern basis.
ZICON LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
25,000
25,000
Loans from directors
46,491
31,748
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
