REGISTERED NUMBER: 04684373 (England and Wales)

Financial Statements for the Year Ended 30th March 2025

for

Zigfrid Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P N Daly

H Kamenjuk

REGISTERED OFFICE:

1-3 Manor Road

Chatham

Kent

ME4 6AE

REGISTERED NUMBER:

04684373 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

4

136,338

142,757

Investment property

5

3,600,000

3,600,000

3,736,338

3,742,757

CURRENT ASSETS

Debtors

6

1,241,064

1,252,587

Cash at bank

2,322,929

2,072,363

3,563,993

3,324,950

CREDITORS

Amounts falling due within one year

7

2,072,349

236,570

NET CURRENT ASSETS

1,491,644

3,088,380

TOTAL ASSETS LESS CURRENT LIABILITIES

5,227,982

6,831,137

PROVISIONS FOR LIABILITIES

67,674

68,423

NET ASSETS

5,160,308

6,762,714

CAPITAL AND RESERVES

Called up share capital

900

900

Other reserves

201,898

201,898

Retained earnings

4,957,510

6,559,916

SHAREHOLDERS' FUNDS

5,160,308

6,762,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th December 2025 and were signed on its behalf by:

P N Daly - Director

1.	STATUTORY INFORMATION

Zigfrid Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

33% on cost and 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 tax

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31st March 2024

and 30th March 2025

39,999

135,985

175,984

DEPRECIATION

At 31st March 2024

-

33,227

33,227

Charge for year

-

6,419

6,419

At 30th March 2025

-

39,646

39,646

NET BOOK VALUE

At 30th March 2025

39,999

96,339

136,338

At 30th March 2024

39,999

102,758

142,757

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31st March 2024

and 30th March 2025

3,600,000

NET BOOK VALUE

At 30th March 2025

3,600,000

At 30th March 2024

3,600,000

Fair value at 30th March 2025 is represented by:

£

Valuation in 2020

269,198

Cost

3,330,802

3,600,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors and prepayments

1,241,064

1,252,587

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

77,710

92,810

Social security and other taxes

12,855

61,726

Other creditors & accruals

1,981,784

82,034

2,072,349

236,570

8.	ULTIMATE CONTROLLING PARTY

The company is under the control of the director P N Daly, by virtue of his shareholding.