REGISTERED NUMBER: 01707841 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ZEISER LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Intangible assets

5

13,000

15,000

Tangible assets

6

7,954

2,006

20,954

17,006

Current assets

Debtors

7

290,020

457,064

Cash at bank and in hand

89,130

361,066

379,150

818,130

Creditors

Amounts falling due within one year

8

107,545

94,898

Net current assets

271,605

723,232

Total assets less current liabilities

292,559

740,238

Provisions for liabilities

10

254

-

Net assets

292,305

740,238

Capital and reserves

Called up share capital

11

2

2

Retained earnings

292,303

740,236

Shareholders' funds

292,305

740,238

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr K Malsbury - Director

1.	Statutory information

Zeiser Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 01707841. The Registered Office and business address is Unit R25, Enterprise Zone, Marshall Way, Frome, Somerset, BA11 2FE.

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.

Changes in accounting policies

During the previous year to 31 December 2023, the company changed the method of depreciating certain plant and machinery from ten years on a straight line basis to three years on a straight line basis as this revised method better reflects the entity's consumption of that plant and machinery over its useful lives.

The change in depreciation method is a change in accounting estimate and is accounted for in the period of change, i.e.the previous year and in subsequent periods.

Turnover

Turnover represents the fair value, net of Value Added Tax, of goods sold and services provided to customers net of trade discounts.

Turnover is recognised on dispatch to the customer for manufactured / bought in goods. Turnover generated by service contracts are recognised on a monthly basis over the term of the contract.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2023 - 7 ) .

4.	Auditors' remuneration

2024

2023

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

10,455

12,383

Auditors' remuneration for non audit work

7,162

7,730

5.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 January 2024

and 31 December 2024

20,000

Amortisation

At 1 January 2024

5,000

Charge for year

2,000

At 31 December 2024

7,000

Net book value

At 31 December 2024

13,000

At 31 December 2023

15,000

6.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1 January 2024

15,900

Additions

11,930

At 31 December 2024

27,830

Depreciation

At 1 January 2024

13,894

Charge for year

5,982

At 31 December 2024

19,876

Net book value

At 31 December 2024

7,954

At 31 December 2023

2,006

7.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

288,679

439,888

Amounts owed by group undertakings

-

2,182

VAT

1,341

4,101

Prepayments and accrued income

-

10,893

290,020

457,064

8.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

-

161

Tax

80,541

64,691

Social security and other taxes

10,643

10,122

Other creditors

-

4,526

Accruals and deferred income

16,361

15,398

107,545

94,898

9.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

12,000

12,000

Between one and five years

15,000

27,495

27,000

39,495

10.	Provisions for liabilities

2024

2023

£

£

Deferred tax

254

-

Deferred

tax

£

Charge to Income statement during year

254

Balance at 31 December 2024

254

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

12.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the auditors was unqualified.

Ms Cheryl Lawes (Senior Statutory Auditor)

for and on behalf of Kynance Ltd t/as England and Company

The Report of the auditors was unqualified.

Ms Cheryl Lawes (Senior Statutory Auditor)

for and on behalf of Kynance Ltd t/a England and Company (Statutory Auditor)

13.	Controlling party

The immediate parent company is Zeiser Gmbh, a company registered in Germany, which owns 100% of the ordinary share capital of Zeiser Limited and is the smallest group to consolidate these financial statements.

Zeiser Gmbh prepares group financial statements and copies of these can be obtained from - Friedrich-Wöhler-Strasse 11, 78576, Emmingen-Liptingen, Germany.

The ultimate parent undertaking and controlling party is Orell Füssli AG, a company registered in Switzerland, which owns 100% of the shares in Zeiser Gmbh and is the largest group to consolidate these financial statements.

Orell Füssli AG, prepares group financial statements and copies can be obtained from - Dietzinerstrasse 3, CH-8036, Zurich, Switzerland.