ZGRP Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09168494 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 SEPTEMBER 2015 TO 30 AUGUST 2016

FOR

ZGRP LIMITED

T/A

Z GROUP

Page

Company information

1

Abbreviated balance sheet

2

Notes to the abbreviated accounts

4

DIRECTORS:

Z Hussein

G A Wood

REGISTERED OFFICE:

Ibex House

162-164 Arthur Road

London

SW19 8AQ

REGISTERED NUMBER:

09168494 (England and Wales)

FIXED ASSETS

Intangible assets

2

844,112

964,700

Tangible assets

3

78,889

46,793

923,001

1,011,493

CURRENT ASSETS

Debtors

638,079

545,027

Cash at bank and in hand

640,225

632,765

1,278,304

1,177,792

CREDITORS

Amounts falling due within one year

1,028,055

936,101

NET CURRENT ASSETS

250,249

241,691

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,173,250

1,253,184

CREDITORS

Amounts falling due after more than one
year

1,076,000

1,154,449

NET ASSETS

97,250

98,735

CAPITAL AND RESERVES

Called up share capital

4

105

Share premium

89,995

Profit and loss account

7,150

8,635

SHAREHOLDERS' FUNDS

97,250

98,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 August 2017 and were signed on its behalf
by:

Z Hussein - Director

1.	ACCOUNTING POLICIES

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).

TURNOVER AND REVENUE RECOGNITION

Turnover represents net invoiced sales of services, excluding value added tax in respect of the provision of

services to clients, plus the value, recognised by reference to the stage of completion, of work undertaken in the

period but not invoiced at the period end. Revenue not billed to clients is included in debtors as accrued

income.

In the period to 30 August 2016 0.6% (2015 - 1.4%) of the company's turnover was to markets outside the

United Kingdom.

GOODWILL

Goodwill, being the amounts paid in connection with acquisition of businesses in 2014 and 2015, was

amortised over 5 years in the period ended 31 August 2015. In the period ended 30 August 2016 goodwill is

amortised based on a reliable estimate of the useful life of 9 years. Subsequently the net book value brought

forwards has been amortised on a straight line basis over the remaining 8 years in the period ended 30 August

2016.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture and equipment

-

20% on cost

Computer equipment

-

25% on cost

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 30 August 2016

1,148,000

AMORTISATION

At 1 September 2015

183,300

Amortisation for period

120,588

At 30 August 2016

303,888

NET BOOK VALUE

At 30 August 2016

844,112

At 31 August 2015

964,700

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

58,455

Additions

50,254

At 30 August 2016

108,709

DEPRECIATION

At 1 September 2015

11,662

Charge for period

18,158

At 30 August 2016

29,820

NET BOOK VALUE

At 30 August 2016

78,889

At 31 August 2015

46,793

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.8.16

31.8.15

value:

£

1,052

Ordinary

0.1

105

1

Ordinary A

0.1

-

1

Ordinary B

0.1

-

105