Company Registration No. 13672518 (England and Wales)
Zeki Research Limited
Unaudited accounts
for the period from 1 November 2022 to 31 December 2023
Zeki Research Limited
Unaudited accounts
Contents
Zeki Research Limited
Company Information
for the period from 1 November 2022 to 31 December 2023
Directors
Thomas Robert Benedict Hurd
Margaret Bergen
Charles Bowdoin Train
Secretary
OHS Secretaries Limited
Company Number
13672518 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Zeki Research Limited
Statement of financial position
as at 31 December 2023
Tangible assets
17,212
226
Cash at bank and in hand
1,750,557
284,736
Creditors: amounts falling due within one year
(59,684)
(2,110)
Net current assets
1,739,335
286,653
Total assets less current liabilities
1,756,547
286,879
Creditors: amounts falling due after more than one year
-
(605,111)
Net assets/(liabilities)
1,756,547
(318,232)
Called up share capital
15
10
Profit and loss account
(1,848,571)
(318,242)
Shareholders' funds
1,756,547
(318,232)
For the period ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by
Margaret Bergen
Director
Company Registration No. 13672518
Zeki Research Limited
Notes to the Accounts
for the period from 1 November 2022 to 31 December 2023
Zeki Research Limited is a private company, limited by shares, registered in England and Wales, registration number 13672518. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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 period, 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.
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:
Fixtures & fittings
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Zeki Research Limited
Notes to the Accounts
for the period from 1 November 2022 to 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
19,469
Charge for the period
2,181
At 31 December 2023
17,212
Amounts falling due within one year
Amounts due from group undertakings etc.
8,795
-
Accrued income and prepayments
7,919
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,228
-
Loans from directors
1,320
510
7
Creditors: amounts falling due after more than one year
2023
2022
There is no single controlling party.
9
Average number of employees
During the period the average number of employees was 6 (2022: 1).
