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Company Registration No. 05388029 (England and Wales)
Zulogic Limited Unaudited accounts for the year ended 31 July 2025
Zulogic Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Zulogic Limited Company Information for the year ended 31 July 2025
Director
Mr D Henley
Company Number
05388029 (England and Wales)
Registered Office
Three Trees The Street Ulcombe Kent ME17 1DX England
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Zulogic Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,446
1,938
Current assets
Inventories
26,238
40,119
Debtors
5
18,690
11,179
Cash at bank and in hand
3,624
5,455
48,552
56,753
Creditors: amounts falling due within one year
6
(22,655)
(25,953)
Net current assets
25,897
30,800
Total assets less current liabilities
27,343
32,738
Creditors: amounts falling due after more than one year
7
(22,688)
(28,255)
Net assets
4,655
4,483
Capital and reserves
Called up share capital
2
2
Profit and loss account
4,653
4,481
Shareholders' funds
4,655
4,483
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 8 December 2025 and were signed on its behalf by
Mr D Henley Director Company Registration No. 05388029
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Zulogic Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Zulogic Limited is a private company, limited by shares, registered in England and Wales, registration number 05388029. The registered office is Three Trees, The Street, Ulcombe, Kent, ME17 1DX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% written down value
Computer equipment
15% written down value
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Zulogic Limited Notes to the Accounts for the year ended 31 July 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
2,839
3,416
6,255
Disposals
-
(1,595)
(1,595)
At 31 July 2025
2,839
1,821
4,660
Depreciation
At 1 August 2024
1,322
2,995
4,317
Charge for the year
228
27
255
On disposals
-
(1,358)
(1,358)
At 31 July 2025
1,550
1,664
3,214
Net book value
At 31 July 2025
1,289
157
1,446
At 31 July 2024
1,517
421
1,938
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,072
3,428
Other debtors
14,618
7,751
18,690
11,179
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,501
5,429
VAT
7,055
6,589
Trade creditors
-
48
Taxes and social security
1,624
10,099
Other creditors
-
313
Accruals
3,475
3,475
22,655
25,953
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
22,688
28,255
- 6 -
Zulogic Limited Notes to the Accounts for the year ended 31 July 2025
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr D Henley
Loan to director
5,397
15,721
-
21,118
5,397
15,721
-
21,118
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 7 -