ZINKMAS (UK) LTD
Registered number: 02535355
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 550 733
Investments 4 198,090 198,090
198,640 198,823
Current assets
Cash at bank and in hand 2,309 11,643
Creditors: amounts falling due within one year 5 (43,236) (43,696)
Net current liabilities (40,927) (32,053)
Total assets less current liabilities 157,713 166,770
Creditors: amounts falling due after more than one year 6 (14,248) (22,424)
Net assets 143,465 144,346
Capital and reserves
Called up share capital 100 100
Profit and loss account 143,365 144,246
Shareholders' funds 143,465 144,346
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S Iqbal
Director
Approved by the board on 28 September 2025
ZINKMAS (UK) LTD
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% on cost
Computer equipment 33% on cost
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixture & fittings Computer equipment Total
£ £ £
Cost
At 1 October 2023 13,403 11,385 24,788
At 30 September 2024 13,403 11,385 24,788
Depreciation
At 1 October 2023 12,670 11,385 24,055
Charge for the year 183 - 183
At 30 September 2024 12,853 11,385 24,238
Net book value
At 30 September 2024 550 - 550
At 30 September 2023 733 - 733
4 Investments
Other
investments
£
Cost
At 1 October 2023 198,090
At 30 September 2024 198,090
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Other creditors 33,236 33,696
43,236 43,696
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 14,248 22,424
7 Other information
ZINKMAS (UK) LTD is a private company limited by shares and incorporated in England. Its registered office is:
8 Grace Drive
Aspley
Nottingham
Nottinghamshire
NG8 5AG
ZINKMAS (UK) LTD 02535355 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts July 2024 Mr S Iqbal No description of principal activity 02535355 2022-10-01 2023-09-30 02535355 core:WithinOneYear 2023-09-30 02535355 core:AfterOneYear 2023-09-30 02535355 core:ShareCapital 2023-09-30 02535355 core:RetainedEarningsAccumulatedLosses 2023-09-30 02535355 2023-10-01 2024-09-30 02535355 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02535355 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 02535355 bus:Director40 2023-10-01 2024-09-30 02535355 core:PlantMachinery 2023-10-01 2024-09-30 02535355 core:Vehicles 2023-10-01 2024-09-30 02535355 countries:England 2023-10-01 2024-09-30 02535355 bus:FRS102 2023-10-01 2024-09-30 02535355 bus:FilletedAccounts 2023-10-01 2024-09-30 02535355 2024-09-30 02535355 core:WithinOneYear 2024-09-30 02535355 core:AfterOneYear 2024-09-30 02535355 core:ShareCapital 2024-09-30 02535355 core:RetainedEarningsAccumulatedLosses 2024-09-30 02535355 core:PlantMachinery 2024-09-30 02535355 core:Vehicles 2024-09-30 02535355 2023-09-30 02535355 core:PlantMachinery 2023-09-30 02535355 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure