Company registration number 03890348 (England and Wales)
Zespri International (United Kingdom) Limited
Financial Statements
For the year ended 31 March 2025
PAGES FOR FILING WITH REGISTRAR
Zespri International (United Kingdom) Limited
Company Information
- 1 -
Directors
A P Fernandez
C R Cooper
Company number
03890348
Registered office
Pendragon House
65 London Road
St Albans
Herts
AL1 1LJ
Auditor
Just Audit Limited
Strelley Hall
Main Street
Strelley
Nottingham
NG8 6PE
Bankers
Citibank
Citibank House
336 The Strand
London
WC2R 1HB
Zespri International (United Kingdom) Limited
Contents
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 5
Zespri International (United Kingdom) Limited
Balance Sheet
As at 31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
66,161
21,415
Cash at bank and in hand
208,044
223,483
274,205
244,898
Creditors: amounts falling due within one year
4
(153,273)
(143,626)
Net current assets
120,932
101,272
Capital and reserves
Called up share capital
5
30,000
30,000
Profit and loss reserves
90,932
71,272
Total equity
120,932
101,272
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 12 August 2025 and are signed on its behalf by:
C R Cooper
Director
Company registration number 03890348 (England and Wales)
Zespri International (United Kingdom) Limited
Notes to the Financial Statements
For the year ended 31 March 2025
- 3 -
1
Accounting policies
Company information
Zespri International (United Kingdom) Limited is a private company limited by shares incorporated in England and Wales. The company number is 03890348. The registered office is Pendragon House, 65 London Road, St Albans, Herts, AL1 1LJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the fact that the company has the continued support of the group. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
1.6
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
1.7
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
Zespri International (United Kingdom) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
7
7
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
62,874
18,597
Other debtors
3,287
2,818
66,161
21,415
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
15,555
(138)
Amounts owed to group undertakings
66,158
58,624
Taxation and social security
5,988
4,000
Other creditors
65,572
81,140
153,273
143,626
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
30,000
30,000
30,000
30,000
6
Audit report information
The auditor's report is unqualified.
Senior Statutory Auditor:
Rachel Davis BA FCA
Statutory Auditor:
Just Audit Limited
Date of audit report:
12 August 2025
Zespri International (United Kingdom) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
- 5 -
7
Operating lease commitments
As lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2025
2024
£
£
Total commitments
14,516
8
Related party transactions
The company has taken advantage of the exemptions for qualifying subsidiary undertakings not to include details of transactions with other group companies.
9
Parent company
The directors consider that ultimate control of the company is vested in the ultimate parent undertaking Zespri Group Limited, a company registered in New Zealand. The registered office is 400 Maunganui Road, Mount Maunganui, New Zealand.
Consolidated accounts are available within the annual report, published at https://www.zespri.com/en-NZ/publications/annualreports