Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2024-01-01falseNo description of principal activity543534 08472602 2024-01-01 2024-12-31 08472602 2023-01-01 2023-12-31 08472602 2024-12-31 08472602 2023-12-31 08472602 c:Director1 2024-01-01 2024-12-31 08472602 c:Director2 2024-01-01 2024-12-31 08472602 c:RegisteredOffice 2024-01-01 2024-12-31 08472602 d:PlantMachinery 2024-01-01 2024-12-31 08472602 d:PlantMachinery 2024-12-31 08472602 d:PlantMachinery 2023-12-31 08472602 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08472602 d:MotorVehicles 2024-01-01 2024-12-31 08472602 d:FurnitureFittings 2024-01-01 2024-12-31 08472602 d:OfficeEquipment 2024-01-01 2024-12-31 08472602 d:CurrentFinancialInstruments 2024-12-31 08472602 d:CurrentFinancialInstruments 2023-12-31 08472602 d:Non-currentFinancialInstruments 2024-12-31 08472602 d:Non-currentFinancialInstruments 2023-12-31 08472602 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08472602 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08472602 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 08472602 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08472602 d:ShareCapital 2024-12-31 08472602 d:ShareCapital 2023-12-31 08472602 d:RetainedEarningsAccumulatedLosses 2024-12-31 08472602 d:RetainedEarningsAccumulatedLosses 2023-12-31 08472602 c:FRS102 2024-01-01 2024-12-31 08472602 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08472602 c:FullAccounts 2024-01-01 2024-12-31 08472602 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08472602 d:WithinOneYear 2024-12-31 08472602 d:WithinOneYear 2023-12-31 08472602 d:BetweenOneFiveYears 2024-12-31 08472602 d:BetweenOneFiveYears 2023-12-31 08472602 6 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 08472602







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


ZING ENVIRONMENTS LIMITED






































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ZING ENVIRONMENTS LIMITED
 


 
COMPANY INFORMATION


Directors
Mr J S Bach 
Ms J Wayling 




Registered number
08472602



Registered office
Unit 3.1d & 3.1e Union Court
20-22 Union Road

London

SW4 6JP




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


ZING ENVIRONMENTS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7

 


ZING ENVIRONMENTS LIMITED
REGISTERED NUMBER:08472602



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
178,879
61,889

Investments
 5 
2,050,188
831,221

  
2,229,067
893,110

Current assets
  

Debtors: amounts falling due within one year
 6 
1,298,165
1,284,724

Cash at bank and in hand
  
543,068
478,394

  
1,841,233
1,763,118

Creditors: amounts falling due within one year
 7 
(1,686,328)
(1,393,871)

Net current assets
  
 
 
154,905
 
 
369,247

Total assets less current liabilities
  
2,383,972
1,262,357

Creditors: amounts falling due after more than one year
 8 
(1,064,565)
(111,861)

Provisions for liabilities
  

Deferred tax
  
(27,885)
-

  
 
 
(27,885)
 
 
-

Net assets
  
1,291,522
1,150,496


Capital and reserves
  

Allotted, called up and fully paid share capital
  
2
2

Profit and loss account
  
1,291,520
1,150,494

  
1,291,522
1,150,496


Page 1

 


ZING ENVIRONMENTS LIMITED
REGISTERED NUMBER:08472602


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr J S Bach
Director

Date: 10 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


ZING ENVIRONMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Zing Environments Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The revenue shown in the Statement of Income and retained Earnings represents amounts receivable for cleaning services provided during the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes.

 
2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
on cost
Motor vehicles
-
25%
on cost
Fixtures and fittings
-
25%
on cost
Equipment
-
33%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 


ZING ENVIRONMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 543 (2023 - 534).


4.


Tangible fixed assets





Plant and machinery etc.

£



Cost or valuation


At 1 January 2024
589,351


Additions
180,177


Disposals
(40,346)



At 31 December 2024

729,182



Depreciation


At 1 January 2024
527,462


Charge for the year
63,187


Disposals
(40,346)



At 31 December 2024

550,303



Net book value



At 31 December 2024
178,879



At 31 December 2023
61,889

Page 4

 


ZING ENVIRONMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
831,221


Additions
1,218,967



At 31 December 2024

2,050,188






Net book value



At 31 December 2024
2,050,188



At 31 December 2023
831,221

Page 5

 


ZING ENVIRONMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
710,798
712,099

Amounts owed by group undertakings
519,365
503,065

Other debtors
12,443
18,664

Prepayments and accrued income
55,559
50,019

Deferred taxation
-
877

1,298,165
1,284,724



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
1,579
1,723

Bank loans
40,000
40,000

Trade creditors
108,064
84,127

Amounts owed to group undertakings
264,173
176,332

Corporation tax
23,740
81,359

Other taxation and social security
550,093
491,008

Obligations under finance lease and hire purchase contracts
16,537
20,838

Other creditors
608,304
414,350

Accruals and deferred income
73,838
84,134

1,686,328
1,393,871


There are obligations under finance lease and hire purchase contracts, which are secured over the related fixed asset.
The Company has also entered into a debenture agreement with HSBC bank, that is secured by fixed and floating charges over the undertaking and all current and future property and assets. 

Page 6

 


ZING ENVIRONMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
56,667
96,667

Obligations under finance leases and hire purchase contracts
87,857
15,194

Amounts owed to group undertakings
920,041
-

1,064,565
111,861


There are obligations under finance lease and hire purchase contracts, which are secured over the related fixed asset.


9.


Related party transactions

As at 1 January 2024, the Company was owed £6,000 by the directors. During the year, the Company made advances of £Nil and received repayments of £6,000. As at 31 December 2024, the Company was owed £Nil by the directors. No interest has been charged on this loan. 


10.


Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
86,923
70,782

Later than 1 year and not later than 5 years
102,146
205,891

189,069
276,673


11.


Controlling party

The ultimate controlling party is J S Bach.

Page 7