Zink.It Group Ltd - Period Ending 2024-10-31

Registration number: 14615338

Zink.It Group Ltd

Unaudited Filleted Financial Statements

for the Period from 1 February 2024 to 31 October 2024

Zink.It Group Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 5

Zink.It Group Ltd

Registration number: 14615338

Balance Sheet as at 31 October 2024

	Note	2024 £	2024 £
Current assets
Debtors	4	12,273	-
Cash at bank and in hand		1,204	100
		13,477	100
Creditors: Amounts falling due within one year	5	(8,105)	-
Net assets		5,372	100
Capital and reserves
Called up share capital	6	100	100
Retained earnings		5,272	-
Shareholders' funds		5,372	100

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

Zink.It Group Ltd

Registration number: 14615338

Balance Sheet as at 31 October 2024 (continued)

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 September 2025

C M Bream
Director

Zink.It Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 October 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Market Place
Wymondham
Norfolk
NR18 0AG
England

The principal place of business is:
Unit 4
Station Road Industrial Estate
Lenwade
Norfolk
NR9 5LY

These financial statements were authorised for issue by the director on 15 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Zink.It Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 October 2024 (continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 1).

4

Debtors

Current	2024 £	2024 £
Trade debtors	12,273	-
	12,273	-

Zink.It Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 October 2024 (continued)

5

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2024 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	89	-
Taxation and social security		8,016	-
		8,105	-

6	Share capital

Allotted, called up and fully paid shares

	2024		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

7	Related party transactions

Key management personnel

During the year, the company incurred and suffered costs and expenses on behalf of two UK registered companies which the owner has a participating interest and is director, At the balance sheet date the amount owed and included in other debtors was £24,609 (2023 - nil).