Abbreviated Company Accounts - ZAPINAMO LIMITED

ZPN ENERGY LIMITED - Company Information

Registered Number 09391462

ZAPINAMO LIMITED

Abbreviated Accounts

14 July 2016

ZAPINAMO LIMITED Registered Number 09391462

Abbreviated Balance Sheet as at 14 July 2016

	Notes	2016
		£
Fixed assets
Intangible assets	2	132,120
Tangible assets	3	10,375
		142,495
Current assets
Debtors		29,045
Cash at bank and in hand		8,976
		38,021
Creditors: amounts falling due within one year		(26,556)
Net current assets (liabilities)		11,465
Total assets less current liabilities		153,960
Creditors: amounts falling due after more than one year		(5,121)
Total net assets (liabilities)		148,839
Capital and reserves
Called up share capital		575
Share premium account		145,664
Profit and loss account		2,600
Shareholders' funds		148,839

For the year ending 14 July 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 October 2016

And signed on their behalf by:
T Martin, Director
E Philpott, Director

ZAPINAMO LIMITED Registered Number 09391462

Notes to the Abbreviated Accounts for the period ended 14 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparing the financial statements
The company's ability to continue as a going concern is dependent upon the continued inflow of investment and the commercial success of the Company's product range.

The Directors consider that they have sufficient resource to provide continuing support to enable the Company to meet its obligations as they fall due for at least twelve months from the date of approval of these financial statements

Accordingly, the financial statements have been prepared on a going concern basis and do not contain any adjustments that would result if the company were unable to continue as a going concern.

Intangible assets amortisation policy
Patents
Patents and other intellectual property are stated at cost, and will be amortised over the useful life of the income stream they generate.

Development expenditure
Development expenditure is stated at cost, and will be amortised over the useful life of the income stream it generates.

2Intangible fixed assets

	£
Cost
Additions	132,120
Disposals	-
Revaluations	-
Transfers	-
At 14 July 2016	132,120
Amortisation
Charge for the year	-
On disposals	-
At 14 July 2016	-
Net book values
At 14 July 2016	132,120

3Tangible fixed assets

	£
Cost
Additions	12,450
Disposals	-
Revaluations	-
Transfers	-
At 14 July 2016	12,450
Depreciation
Charge for the year	2,075
On disposals	-
At 14 July 2016	2,075
Net book values
At 14 July 2016	10,375