REGISTERED NUMBER: 02165227 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Norman Zaifert Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Zaifert

D R Zaifert

SECRETARY:

D R Zaifert

REGISTERED OFFICE:

51 High Street

East Cowick

Goole

East Yorkshire

DN14 9EP

REGISTERED NUMBER:

02165227 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Tangible assets

4

281,763

283,530

CURRENT ASSETS

Stocks

16,679

14,047

Debtors

5

520

-

Cash in hand

100

100

17,299

14,147

CREDITORS

Amounts falling due within one year

6

135,495

118,849

NET CURRENT LIABILITIES

(118,196

)

(104,702

)

TOTAL ASSETS LESS CURRENT LIABILITIES

163,567

178,828

CREDITORS

Amounts falling due after more than one year

7

18,199

17,636

NET ASSETS

145,368

161,192

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

145,268

161,092

SHAREHOLDERS' FUNDS

145,368

161,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 21 April 2026 and were signed on its behalf by:

D R Zaifert - Director

1.	STATUTORY INFORMATION

Norman Zaifert 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.

The company meets its day to day working capital requirements by way of an overdraft facility and a loan from its bankers and the financial support of the Directors. The Directors expect to continue to operate within the bank and loan facilities and, additionally, the Directors have agreed to continue to provide financial support to ensure the Company can meets its debts as and when they fall due. Accordingly the financial statements have been prepared on the going concern basis.

The Company ceased trading in the year ending 31 July 2024. The directors are in the process of closing down the Company. This will be done in the most timely and efficient way possible.

Turnover

Turnover represents net invoiced sales, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

2% on cost and in accordance with the lease terms

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

313,816

101,161

414,977

Disposals

-

(11,991

)

(11,991

)

At 31 July 2025

313,816

89,170

402,986

DEPRECIATION

At 1 August 2024

30,286

101,161

131,447

Charge for year

1,769

1

1,770

Eliminated on disposal

-

(11,994

)

(11,994

)

At 31 July 2025

32,055

89,168

121,223

NET BOOK VALUE

At 31 July 2025

281,761

2

281,763

At 31 July 2024

283,530

-

283,530

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

520

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,857

52,508

Trade creditors

412

-

Taxation and social security

-

8,709

Other creditors

87,226

57,632

135,495

118,849

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

18,199

17,636

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

43,878

43,341

Bank loans

22,178

26,803

66,056

70,144

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 August 2024

161,092

Deficit for the year

(15,824

)

At 31 July 2025

145,268

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The amount owed to N Zaifert by the Company at the balance sheet date was £82,388 (2024 - £53,888).

The amount owed to D Zaifert by the Company at the balance sheet date was £1,639 (2024 - £1,617).

12.	CONTROLLING PARTY

The company is controlled by the directors.