ZAPTAG_LIMITED - Accounts

ZAPTAG LIMITED - Company Information

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Company Registration No. 05517265 (England and Wales)

ZAPTAG LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

ZAPTAG LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ZAPTAG LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Intangible assets

1,550

1,681

Investments

1,000

2,550

2,681

Current assets

Debtors

426,295

Creditors: amounts falling due within one year

(2,414)

Net current assets

423,881

Total assets less current liabilities

426,431

426,562

Capital and reserves

Called up share capital

6,697

Share premium account

425,953

Profit and loss account

(6,219)

(6,088)

Shareholders' funds

426,431

426,562

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 September 2014

Mr I Gallifant

Director

Company Registration No. 05517265

ZAPTAG LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. On this basis the accounts have been prepared on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Patents

Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives, in this case twenty years.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Intangible assets

Investments

Total

Cost

At 1 January 2013 & at 31 December 2013

2,631

1,000

3,631

Depreciation

At 1 January 2013

949

Charge for the year

132

At 31 December 2013

1,081

Net book value

At 31 December 2013

1,550

1,000

2,550

At 31 December 2012

1,681

1,000

2,681

Share capital

2013

2012

Allotted, called up and fully paid

6,697 Ordinary shares of £1 each

6,697