ACCOUNTS - Final Accounts preparation

Registered number: 04355642

ZIJI PUBLISHING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


ZIJI PUBLISHING LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 5


ZIJI PUBLISHING LIMITED REGISTERED NUMBER:04355642

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	5	1,922,573	1,812,289
Cash at bank and in hand		2,042	3,848
Current liabilities		1,924,615	1,816,137
Creditors: amounts falling due within one year	6	(39,982)	(39,587)

Net assets		1,884,633	1,776,550

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		1,884,632	1,776,549
		1,884,633	1,776,550

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 December 2025.

F G Roddam

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


ZIJI PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The company's legal form is that of a private limited liability company registered in England and Wales. The company's registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company continued to be that of marketing and sales of books and film rights.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.3

Revenue

Turnover comprises revenue recognised by the company in respect of the sale of rights, royalties receivable and services supplied during the year, exclusive of Value Added Tax.
Sales of book rights are recognised at the date of contract and book royalties are recognised in the period in which they are received. Revenue from services is recognised in the period in which the services are provided.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2


ZIJI PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

Creditors

Short-term creditors are measured at the transaction price.

Employees

The director was the only employee of the Company during the current and preceding period.

Page 3


ZIJI PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	At 1 April 2024	4,195
	At 31 March 2025	4,195
	Depreciation
	At 1 April 2024	4,195
	At 31 March 2025	4,195
	Net book value
	At 31 March 2025	-
	At 31 March 2024	-

Debtors

					2025	2024
					£	£


Trade debtors	468	327
Other debtors	1,922,105	1,811,962
	1,922,573	1,812,289

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,641	391
Taxation and social security	35,641	36,496
Accruals	2,700	2,700
	39,982	39,587

Page 4


ZIJI PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 Ordinary shares of £1.00 each	1	1

8.	Related party transactions
	At the balance sheet date the company was owed £1,922,105 (2024 - £1,811,345), included in other debtors, in respect of an interest free loan to Ziji Productions Limited, a company under common control.

Page 5