39 01/12/2023 30/11/2024 2024-11-30 false false false false false false false true false false true false false false false true false false No description of principal activities is disclosed 2023-12-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04599045 2023-12-01 2024-11-30 04599045 2024-11-30 04599045 2023-11-30 04599045 2022-12-01 2023-11-30 04599045 2023-11-30 04599045 2022-11-30 04599045 bus:Director1 2023-12-01 2024-11-30 04599045 core:FurnitureFittingsToolsEquipment 2023-11-30 04599045 core:MotorVehicles 2023-11-30 04599045 core:FurnitureFittingsToolsEquipment 2024-11-30 04599045 core:MotorVehicles 2024-11-30 04599045 core:WithinOneYear 2024-11-30 04599045 core:WithinOneYear 2023-11-30 04599045 core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 04599045 core:MotorVehicles 2023-12-01 2024-11-30 04599045 core:ShareCapital 2024-11-30 04599045 core:ShareCapital 2023-11-30 04599045 core:RetainedEarningsAccumulatedLosses 2024-11-30 04599045 core:RetainedEarningsAccumulatedLosses 2023-11-30 04599045 core:FurnitureFittingsToolsEquipment 2023-11-30 04599045 core:MotorVehicles 2023-11-30 04599045 bus:SmallEntities 2023-12-01 2024-11-30 04599045 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 04599045 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04599045 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04599045 bus:FullAccounts 2023-12-01 2024-11-30
Company registration number: 04599045
Zest (Whitehaven) Limited
Unaudited filleted financial statements
For the year ended
30 November 2024
Zest (Whitehaven) Limited
Contents
Statement of financial position
Notes to the financial statements
Zest (Whitehaven) Limited
Statement of financial position
30 November 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 3 105,193 94,776
________ ________
105,193 94,776
Current assets
Stocks 8,825 8,825
Debtors 4 181,874 157,073
Cash at bank and in hand 208,902 196,777
________ ________
399,601 362,675
Creditors: amounts falling due
within one year 5 ( 112,681) ( 96,501)
________ ________
Net current assets 286,920 266,174
________ ________
Total assets less current liabilities 392,113 360,950
Provisions for liabilities ( 26,298) ( 18,007)
________ ________
Net assets 365,815 342,943
________ ________
Capital and reserves
Called up share capital 2 2
Profit and loss account 365,813 342,941
________ ________
Shareholders funds 365,815 342,943
________ ________
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 13 August 2025 , and are signed on behalf of the board by:
Mr R J Andalcio
Director
Company registration number: 04599045
Zest (Whitehaven) Limited
Notes to the financial statements
Year ended 30 November 2024
1. Accounting policies
Statutory information
Zest (Whitehaven) Limited is a private company, limited by shares, domiciled in England and Wales, registration number 04599045 . The registered office is Wythemoor House, Winscales, Workington, CA14 1ST.
Basis of preparation
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006'. There were no material departures from that standard.The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same financial statements.
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible fixed assets are included at cost less depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 15% reducing balance
Motor vehicles - 20% straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are valued at the lower of cost and net realisable value.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.
Defined contribution plans
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in comprehensive income when due.
2. Employee numbers
The average number of persons employed by the company during the year amounted to 39 (2023: 48 ).
3. Tangible assets
Fixtures, fittings and equipment Motor vehicles Total
£ £ £
Cost
At 1 December 2023 210,329 53,416 263,745
Additions 2,159 30,163 32,322
Disposals - ( 41,149) ( 41,149)
________ ________ ________
At 30 November 2024 212,488 42,430 254,918
________ ________ ________
Depreciation
At 1 December 2023 123,446 45,523 168,969
Charge for the year 13,419 8,486 21,905
Disposals - ( 41,149) ( 41,149)
________ ________ ________
At 30 November 2024 136,865 12,860 149,725
________ ________ ________
Carrying amount
At 30 November 2024 75,623 29,570 105,193
________ ________ ________
At 30 November 2023 86,883 7,893 94,776
________ ________ ________
4. Debtors
2024 2023
£ £
Trade debtors 1,722 2,091
Other debtors 180,152 154,982
________ ________
181,874 157,073
________ ________
5. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 5,292 5,292
Trade creditors 35,812 29,940
Corporation tax 15,348 11,342
Taxation and social security 50,869 44,815
Other creditors 5,360 5,112
________ ________
112,681 96,501
________ ________
6. Pension commitments
The company operates a defined contribution pension scheme on behalf of its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date there were unpaid contributions of £nil (2023 : £nil) due to the fund. They are included in other creditors.
7. Directors advances, credits and guarantees
During the year the company made advances to Mr and Mrs Andalcio, directors, totalling £178,692 (2023: £147,620). Repayments of £147,620 were made by 30 November 2024 and so the balance outstanding at the year end, 30 November 2024, was £178,692 (2023: £147,620). Where applicable, interest is charged on overdrawn loan accounts at the rate of 2.25% per annum, loans are repayable on demand.
8. Company Information
The company is registered in England and its registered number is 04599045 . The company is a private company limited by shares. Its registered office is Wythemoor House, Winscales, Workington, CA14 1ST.