Company Registration No. 04555682 (England and Wales)
ZANDER GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
Level 1, Devonshire House
One Mayfair Place
London
United Kingdom
W1J 8AJ
ZANDER GROUP LIMITED
CONTENTS
Page
Company information
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 6
ZANDER GROUP LIMITED
COMPANY INFORMATION
- 1 -
Directors
Earl of Oxford and Asquith
J G Carter
R S J Bevan
T Saxton FCA
Company number
04555682
Registered office
Level 1, Devonshire House
One Mayfair Place
London
United Kingdom
W1J 8AJ
Accountants
TC Group
One Mayfair Place
London
United Kingdom
W1J 8AJ
ZANDER GROUP LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2022
31 March 2022
- 2 -
2022
2021
Notes
£
£
£
£
Non-current assets
Intangible assets
3
350
350
Investments
4
6,292
6,292
6,642
6,642
Current assets
Trade and other receivables
5
3,386,657
3,386,657
Current liabilities
6
(22,146)
(22,146)
Net current assets
3,364,511
3,364,511
Total assets less current liabilities
3,371,153
3,371,153
Equity
Called up share capital
349,745
349,745
Share premium account
2,980,801
2,980,801
Retained earnings
40,607
40,607
Total equity
3,371,153
3,371,153
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
ZANDER GROUP LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 16 December 2022 and are signed on its behalf by:
Earl of Oxford and Asquith
Director
Company Registration No. 04555682
The notes on pages 4 to 6 form part of these financial statements
ZANDER GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
- 4 -
1
Accounting policies
Company information
Zander Group Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Level 1, Devonshire House, One Mayfair Place, London, United Kingdom, W1J 8AJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Income statement
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Income statement
is presented
in these financial statements.
1.3
Intangible fixed assets - goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated
amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.
1.4
Intangible fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date
where
it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the
fair
value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
1.5
Non-current investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in
profit
or
loss
.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
ZANDER GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
1
Accounting policies
(Continued)
- 5 -
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
1.6
Research and development
Research and development expenditure is written off to the profit and loss account in the year in which it is incurred.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
3
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 April 2021 and 31 March 2022
350
49,995
50,345
Amortisation and impairment
At 1 April 2021 and 31 March 2022
49,995
49,995
Carrying amount
At 31 March 2022
350
350
At 31 March 2021
350
350
4
Fixed asset investments
2022
2021
£
£
Investments
6,292
6,292
ZANDER GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
4
Fixed asset investments
(Continued)
- 6 -
Movements in non-current investments
Shares in group undertakings
£
Cost or valuation
At 1 April 2021 & 31 March 2022
6,292
Carrying amount
At 31 March 2022
6,292
At 31 March 2021
6,292
5
Trade and other receivables
2022
2021
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
3,386,656
3,386,656
Other receivables
1
1
3,386,657
3,386,657
6
Current liabilities
2022
2021
£
£
Amounts owed to group undertakings
255
255
Other payables
21,891
21,891
22,146
22,146