ZIZU Limited - Abbreviated accounts 16.1
ZIZU Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015 |
| FOR |
| ZIZU LIMITED |
| ZIZU LIMITED (REGISTERED NUMBER: 08322079) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ZIZU LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| ZIZU LIMITED (REGISTERED NUMBER: 08322079) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges her responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| The financial statements were approved by the director on |
| ZIZU LIMITED (REGISTERED NUMBER: 08322079) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| As at 31 December 2015, the company had net current liabilities of £52,123 and net liabilities of £44,408. Included within |
| other creditors is a loan amounting to £50,182 due to Ms C Dale, the company director. The director has agreed that she |
| will not seek repayment of the loan to the detriment of the other creditors and has expressed willingness to provide financial |
| support, where required, for the foreseeable future. The director has therefore deemed it appropriate that these financial |
| statements are prepared on the going concern basis. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective January 2015). |
| Intangible assets |
| Intangible fixed assets, being patents, are being amortised evenly over their estimated useful lives of 5 years. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing |
| differences between the treatment of certain items for taxation and accounting purposes. In accordance with Financial |
| Reporting Standard 19, provision is made for deferred tax in respect of all timing differences that have originated but not |
| reversed by the balance sheet date. Deferred tax assets are only recognised when it is more likely than not that the |
| deferred tax asset will be recovered, Deferred tax is measured using rates that have been enacted or substantially enacted |
| by the balance sheet date. Deferred tax balances are not discounted. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2015 |
| Additions |
| At 31 December 2015 |
| AMORTISATION |
| At 1 January 2015 |
| Amortisation for year |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| ZIZU LIMITED (REGISTERED NUMBER: 08322079) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 December 2015 |
| DEPRECIATION |
| Charge for year |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2015 and |
| 31 December 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| The loan from the director is interest free, unsecured and repayable on demand. |