Company Registration No. 08775313 (England and Wales)
Zinch Designs Ltd
Unaudited accounts
for the year ended 28 February 2025
Zinch Designs Ltd
Company Information
for the year ended 28 February 2025
Directors
Mrs Melissa Edmunds
Mr James Berry
Mr Simon Clark
Company Number
08775313 (England and Wales)
Registered Office
5 Beechcroft Lane
Ringwood
Hampshire
BH24 1QN
England
Zinch Designs Ltd
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
75
100
Creditors: amounts falling due within one year
(37,279)
(34,937)
Net current liabilities
(28,155)
(25,851)
Net liabilities
(2,348)
(44)
Called up share capital
200
200
Share premium
71,250
71,250
Profit and loss account
(73,798)
(71,494)
Shareholders' funds
(2,348)
(44)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by
Mr Simon Clark
Director
Company Registration No. 08775313
Zinch Designs Ltd
Notes to the Accounts
for the year ended 28 February 2025
Zinch Designs Ltd is a private company, limited by shares, registered in England and Wales, registration number 08775313. The registered office is 5 Beechcroft Lane, Ringwood, Hampshire, BH24 1QN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover comprises of the invoiced value of goods supplied by the company, net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line basis over 5 years.
Inventories have been valued at the lower of cost and net realisable value after making due allowance for obsolete or slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
The directors have confirmed that they will not require their loans to be repaid during the next 12 months and as such the accounts have been prepared on a going concern basis.
4
Tangible fixed assets
Plant & machinery
At 28 February 2025
13,000
At 28 February 2025
13,000
Zinch Designs Ltd
Notes to the Accounts
for the year ended 28 February 2025
5
Investments
Other investments
Valuation at 1 March 2024
25,807
Valuation at 28 February 2025
25,807
Amounts falling due within one year
Accrued income and prepayments
1,653
1,676
Amounts falling due after more than one year
Amounts due from group undertakings etc.
5,625
4,956
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
21
Taxes and social security
13
4
Loans from directors
37,266
34,846
Allotted, called up and fully paid:
130 Ordinary A shares of £1 each
130
130
30 Ordinary B shares of £1 each
30
30
40 Ordinary C shares of £1 each
40
40
9
Transactions with related parties
At the year end, included within Creditors due within one year are amounts due to the Directors of the following amounts:
Melissa Edmunds (Director and Shareholder) £37,028 (2024: £34,846).
Simon Clark (Director and Shareholder) £238 (2024: £0).
As at the 28 February 2025 the company is owed £5,625 from its subsidiary Zinch Limited (2024: £4,956).
The company's controlling party is Melissa Edmunds by virtue of her ownership of 65% of the issued share capital, being 81% of the voting capital in the company.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).