IRIS Accounts Production v24.2.0.383 01613520 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016135202023-01-31016135202024-01-31016135202023-02-012024-01-31016135202022-01-31016135202022-02-012023-01-31016135202023-01-3101613520ns15:EnglandWales2023-02-012024-01-3101613520ns14:PoundSterling2023-02-012024-01-3101613520ns10:Director12023-02-012024-01-3101613520ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3101613520ns10:SmallEntities2023-02-012024-01-3101613520ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3101613520ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3101613520ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3101613520ns10:AbridgedAccounts2023-02-012024-01-3101613520ns10:Director22023-02-012024-01-3101613520ns10:CompanySecretary12023-02-012024-01-3101613520ns10:RegisteredOffice2023-02-012024-01-3101613520ns5:CurrentFinancialInstruments2024-01-3101613520ns5:CurrentFinancialInstruments2023-01-3101613520ns5:ShareCapital2024-01-3101613520ns5:ShareCapital2023-01-3101613520ns5:CapitalRedemptionReserve2024-01-3101613520ns5:CapitalRedemptionReserve2023-01-3101613520ns5:RetainedEarningsAccumulatedLosses2024-01-3101613520ns5:RetainedEarningsAccumulatedLosses2023-01-3101613520ns5:FurnitureFittings2023-02-012024-01-3101613520ns5:MotorVehicles2023-02-012024-01-31
REGISTERED NUMBER: 01613520 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Zigi Enterprises Limited

Zigi Enterprises Limited (Registered number: 01613520)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Zigi Enterprises Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs J Holroyd
Mr P C Shotton





SECRETARY: Mrs J Holroyd





REGISTERED OFFICE: Gerald Shotton Furnishings
211/221 York Road
Hartlepool
Cleveland
TS26 9EE





REGISTERED NUMBER: 01613520 (England and Wales)






Zigi Enterprises Limited (Registered number: 01613520)

Abridged Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 311,299 312,430

CURRENT ASSETS
Stocks 404,184 418,635
Debtors 17,585 4,002
Cash at bank 816,450 820,948
1,238,219 1,243,585
CREDITORS
Amounts falling due within one year 212,702 278,596
NET CURRENT ASSETS 1,025,517 964,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,336,816

1,277,419

CAPITAL AND RESERVES
Called up share capital 2,400 2,400
Capital redemption reserve 600 600
Retained earnings 1,333,816 1,274,419
SHAREHOLDERS' FUNDS 1,336,816 1,277,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by:





Mr P C Shotton - Director


Zigi Enterprises Limited (Registered number: 01613520)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Zigi Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 528,474
DEPRECIATION
At 1 February 2023 216,044
Charge for year 1,131
At 31 January 2024 217,175
NET BOOK VALUE
At 31 January 2024 311,299
At 31 January 2023 312,430