FIRST ZIPPER (UK) LIMITED

Company Registration Number:
SC096397 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

FIRST ZIPPER (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FIRST ZIPPER (UK) LIMITED

Company Information

for the Period Ended 31 January 2023




Director: William Tait
Margaret Tait
Richard Tait
Registered office: 17
Victoria Street
Aberdeen
Aberdeenshire
AB10 1UU
Company Registration Number: SC096397 (Scotland)

FIRST ZIPPER (UK) LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
William Tait
Margaret Tait
Richard Tait

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: William Tait
Status: Director

FIRST ZIPPER (UK) LIMITED

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 162,889 132,770
Cost of sales ( 112,835 ) ( 94,081 )
Gross Profit or (Loss) 50,054 70,189
Income from coronavirus (COVID-19) business support grants 0 31,500
Administrative Expenses ( 50,687 ) ( 56,463 )
Operating Profit or (Loss) ( 633 ) 13,726
Profit or (Loss) Before Tax ( 633 ) 13,726
Profit or (Loss) for Period ( 633 ) 13,726

The notes form part of these financial statements

FIRST ZIPPER (UK) LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 91,546 92,262
Total fixed assets: 91,546 92,262
Current assets
Stocks: 24,677 19,267
Debtors: 5 22,149 16,942
Cash at bank and in hand: 16,197 21,519
Total current assets: 63,023 57,728
Net current assets (liabilities): 63,023 57,728
Total assets less current liabilities: 154,569 149,990
Creditors: amounts falling due after more than one year: 6 ( 79,724 ) ( 78,787 )
Accruals and deferred income: ( 6,900 ) ( 2,625 )
Total net assets (liabilities): 67,945 68,578

The notes form part of these financial statements

FIRST ZIPPER (UK) LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 12,500 12,500
Profit and loss account: 55,445 56,078
Shareholders funds: 67,945 68,578

For the year ending 31 January 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: William Tait
Status: Director

The notes form part of these financial statements

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 February 2022 90,000 5,094 95,094
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 January 2023 90,000 5,094 95,094
Depreciation
At 01 February 2022 - 2,832 2,832
Charge for year - 716 716
On disposals - - -
Other adjustments - - -
At 31 January 2023 - 3,548 3,548
Net book value
At 31 January 2023 90,000 1,546 91,546
At 31 January 2022 90,000 2,262 92,262

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 22,149 16,942
Total 22,149 16,942

FIRST ZIPPER (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 79,724 78,787
Total 79,724 78,787