REGISTERED NUMBER: 01613520 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Zigi Enterprises Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

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)

FIXED ASSETS

Tangible assets

4

329,335

311,299

CURRENT ASSETS

Stocks

377,623

404,184

Debtors

138,015

17,585

Cash at bank

625,343

816,450

1,140,981

1,238,219

CREDITORS

Amounts falling due within one year

173,287

212,702

NET CURRENT ASSETS

967,694

1,025,517

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297,029

1,336,816

CAPITAL AND RESERVES

Called up share capital

2,400

2,400

Capital redemption reserve

600

600

Retained earnings

1,294,029

1,333,816

SHAREHOLDERS' FUNDS

1,297,029

1,336,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 2025 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 10 March 2025 and were signed on its behalf by:

Mr P C Shotton - Director

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 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

528,474

Additions

24,930

Disposals

(30,276

)

At 31 January 2025

523,128

DEPRECIATION

At 1 February 2024

217,175

Charge for year

5,087

Eliminated on disposal

(28,469

)

At 31 January 2025

193,793

NET BOOK VALUE

At 31 January 2025

329,335

At 31 January 2024

311,299