Company No: 10990028 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	69,197		196,151
		69,197		196,151
Current assets
Debtors	4	9,773		8,819
Cash at bank and in hand		50,116		13,633
		59,889		22,452
Creditors: amounts falling due within one year	5	( 1,609,940)		( 1,612,446)
Net current liabilities		(1,550,051)		(1,589,994)
Total assets less current liabilities		(1,480,854)		(1,393,843)
Net liabilities		( 1,480,854)		( 1,393,843)
Capital and reserves
Called-up share capital	6	1,099		1,000
Profit and loss account	6	( 1,481,953 )		( 1,394,843 )
Total shareholders' deficit		( 1,480,854)		( 1,393,843)

For the financial year ending 31 December 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Zone Weymouth Limited (registered number: 10990028) were approved and authorised for issue by the Board of Directors on 27 September 2025. They were signed on its behalf by:

Mr A P Rodgers Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Zone Weymouth Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is D J Property, Unit C, Oxford Court Cambridge Road, Granby Trading Estate, Weymouth, DT4 9GH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Going concern

The company has net liabilities at year end. The owners will continue to support the company as is required in order to meet the other liabilities of the company as they fall due. On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis.

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. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	7 years straight line
Plant and machinery	3 - 10 years straight line
Fixtures and fittings	2 - 10 years straight line
Office equipment	3 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	18		16

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2024	546,975		339,428		191,853		81,399		1,159,655
Additions	0		482		822		456		1,760
Disposals	0		0		0		( 929)		( 929)
At 31 December 2024	546,975		339,910		192,675		80,926		1,160,486
Accumulated depreciation
At 01 January 2024	460,628		291,509		139,873		71,494		963,504
Charge for the financial year	78,140		22,908		23,873		3,794		128,715
Disposals	0		0		0		( 930)		( 930)
At 31 December 2024	538,768		314,417		163,746		74,358		1,091,289
Net book value
At 31 December 2024	8,207		25,493		28,929		6,568		69,197
At 31 December 2023	86,347		47,919		51,980		9,905		196,151

4. Debtors

	2024		2023
	£		£
Trade debtors	2,810		2,127
Other debtors	6,963		6,692
	9,773		8,819

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	12,658		3,174
Other taxation and social security	17,547		13,694
Other creditors	1,579,735		1,595,578
	1,609,940		1,612,446

6. Changes in equity

	Called-up share capital		Profit and loss account
	£		£
At 01 January 2024	1,000		( 1,394,843)
Loss for the financial year	0		( 87,110)
Total comprehensive loss	0		( 87,110)
Issue of share capital	99		0
At 31 December 2024	1,099		( 1,481,953)
At 01 January 2023	1,000		( 1,287,449)
Loss for the financial year	0		( 107,394)
Total comprehensive loss	0		( 107,394)
At 31 December 2023	1,000		( 1,394,843)

7. Related party transactions

Transactions with owners holding a participating interest in the entity

	2024		2023
	£		£
Included within creditors are loans from shareholders with a participating interest	1,373,590		1,373,590