Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 2 June 2025 1 January 2024 31 December 2024 31 December 2024 06357796 Mr Anton Dible Mr Stephen Abernethie Mr Lewis Tennent Mr Neil Gilbert Mr Andrew Greenfield Mr Tristan Parsons Ealing Educational Resources Trust true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06357796 2023-12-31 06357796 2024-12-31 06357796 2024-01-01 2024-12-31 06357796 frs-core:CurrentFinancialInstruments 2024-12-31 06357796 frs-core:LandBuildings 2024-12-31 06357796 frs-core:LandBuildings 2024-01-01 2024-12-31 06357796 frs-core:LandBuildings 2023-12-31 06357796 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 06357796 frs-core:PlantMachinery 2024-12-31 06357796 frs-core:PlantMachinery 2024-01-01 2024-12-31 06357796 frs-core:PlantMachinery 2023-12-31 06357796 frs-core:ShareCapital 2024-12-31 06357796 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06357796 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06357796 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06357796 frs-bus:SmallEntities 2024-01-01 2024-12-31 06357796 frs-bus:Audited 2024-01-01 2024-12-31 06357796 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06357796 1 2024-01-01 2024-12-31 06357796 frs-bus:Director1 2024-01-01 2024-12-31 06357796 frs-bus:Director2 2024-01-01 2024-12-31 06357796 frs-bus:Director3 2024-01-01 2024-12-31 06357796 frs-bus:Director4 2024-01-01 2024-12-31 06357796 frs-bus:Director5 2024-01-01 2024-12-31 06357796 frs-bus:Director6 2024-01-01 2024-12-31 06357796 frs-countries:EnglandWales 2024-01-01 2024-12-31 06357796 2022-12-31 06357796 2023-12-31 06357796 2023-01-01 2023-12-31 06357796 frs-core:CurrentFinancialInstruments 2023-12-31 06357796 frs-core:ShareCapital 2023-12-31 06357796 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06357796
Zest Trading UK Limited
Financial Statements
For The Year Ended 31 December 2024
mca Banbury Ltd
4-6 The Wharf Centre
Wharf Street
Warwick
CV34 5LB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 06357796
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,987 49,018
60,987 49,018
CURRENT ASSETS
Stocks 5 142,476 129,079
Debtors 6 98,857 64,471
Cash at bank and in hand 53,051 75,502
294,384 269,052
Creditors: Amounts Falling Due Within One Year 7 (130,440 ) (155,370 )
NET CURRENT ASSETS (LIABILITIES) 163,944 113,682
TOTAL ASSETS LESS CURRENT LIABILITIES 224,931 162,700
NET ASSETS 224,931 162,700
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 224,929 162,698
SHAREHOLDERS' FUNDS 224,931 162,700
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Neil Gilbert
Director
22/05/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Zest Trading UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06357796 . The registered office is 11 Arkwright Road, Reading, Berkshire, RG2 0LU.
The presentation currency of the financial statements is the Pound Sterling (£).
All monetary amounts are rounded to the nearest pound.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 
Zest Trading UK limited is a member of a public benefit group.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.
Bad debt provision
A Provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Stock provision
A provision has been made at the year end to account for obsolete and slow moving stock based on historical sales data and how long stock has been held for across the various stock categories
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% Straight Line
Plant & Machinery 20% Straight Line
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2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. Financial Instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.
Basic financial assets and liabilities that are payable or receivable within one year, typically trade payables or receivables; are measured, initially and subsequently, at the undiscounted amount of cash or other consideration, expected to be paid or received monetary amounts are rounded to the nearest £.
2.9. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
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Page 4
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 January 2024 44,716 110,753 155,469
Additions 25,113 1,307 26,420
Disposals - (1,960 ) (1,960 )
As at 31 December 2024 69,829 110,100 179,929
Depreciation
As at 1 January 2024 42,156 64,295 106,451
Provided during the period 2,313 11,585 13,898
Disposals - (1,407 ) (1,407 )
As at 31 December 2024 44,469 74,473 118,942
Net Book Value
As at 31 December 2024 25,360 35,627 60,987
As at 1 January 2024 2,560 46,458 49,018
5. Stocks
2024 2023
£ £
Stock 142,476 129,079
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 95,989 63,095
Other debtors 2,868 1,376
98,857 64,471
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 101,982 55,277
Other loans - 75,000
Other creditors 27,483 21,589
Taxation and social security 975 3,504
130,440 155,370
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
9. Related Party Transactions
The company has taken advantage of the exemption available under FRS 102 section 33 'Related Party Disclosures' not to disclose details of its transactions with related parties. The exemption is available as the transactions are with other members of the group
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Ultimate Controlling Party
The company's ultimate controlling party is Ealing Educational Resources Trust a charity registered in England with charity number 1057707, and address 11 Arkwright Road, Reading, Berkshire, RG2 0LU
12. Audit Information
The auditor's report on the accounts of Zest Trading UK Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Martin Cox (Senior Statutory Auditor) for and on behalf of Mca Banbury Ltd , Statutory Auditor.
Mca Banbury Ltd
4-6 Wharf Centre
Wharf Street
Warwick
CV34 5LB
Page 5