Abbreviated Company Accounts - ZEIEZ LIMITED

Registered Number 04398124

ZEIEZ LIMITED

Abbreviated Accounts

31 March 2016

ZEIEZ LIMITED Registered Number 04398124

Abbreviated Balance Sheet as at 31 March 2016

	2016	2015
	£	£
Current assets
Debtors	221,389	192,679
Investments	-	8,727
	221,389	201,406
Creditors: amounts falling due within one year	(152,095)	(137,497)
Net current assets (liabilities)	69,294	63,909
Total assets less current liabilities	69,294	63,909
Total net assets (liabilities)	69,294	63,909
Capital and reserves
Called up share capital	100	100
Profit and loss account	69,194	63,809
Shareholders' funds	69,294	63,909

For the year ending 31 March 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 30 December 2016

And signed on their behalf by:
Henrik Riis Sonne, Director

ZEIEZ LIMITED Registered Number 04398124

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover, which is stated net of value added tax, represents amounts received and receivable
from the company’s continuing principal activity.

Tangible assets depreciation policy
Fixed assets
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost
or valuation, less estimated residual value based on prices prevailing at the date of
acquisition or revaluation, of each asset evenly over its expected useful life, as follows:
Computer equipment - over 2 years
The carrying values of tangible fixed assets are reviewed for impairment in periods if events
or changes in circumstances indicate the carrying value may not be recoverable.

Valuation information and policy
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the
transaction.
Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate
of exchange ruling at the balance sheet date.
All differences are taken to the profit and loss account.