ZETAPLAN UK LIMITED


Directors	BRUNTON, Stephen Kenneth
	ZAPPA, Ing Roberto Mario, Dr


Registered Address	Unit 3, Armstrong Watson Airedale Business Centre
	Acorn Business Park
	Skipton
	BD23 2UE


Registered Number	10485711 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		780		974
			780		974
Current assets
Debtors	4	8,724		6,960
Cash at bank and on hand		316,800		232,625
		325,524		239,585
Creditors amounts falling due within one year	5	(1,639,615)		(2,225)
Net current assets (liabilities)			(1,314,091)		237,360
Total assets less current liabilities			(1,313,311)		238,334
Creditors amounts falling due after one year	6		-		(1,630,000)
Net assets			(1,313,311)		(1,391,666)
Capital and reserves
Called up share capital			1,474,796		1,474,796
Profit and loss account			(2,788,107)		(2,866,462)
Shareholders' funds			(1,313,311)		(1,391,666)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 April 2026, and are signed on its behalf by:

BRUNTON, Stephen Kenneth
Director
Registered Company No. 10485711

ZETAPLAN UK LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

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

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. The company continues to have the support of the directors, shareholders and creditors and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. 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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Vehicles	-	3
Office Equipment	20	-

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	108,851	3,968	112,819
At 31 December 25	108,851	3,968	112,819
Depreciation and impairment
At 01 January 25	108,851	2,994	111,845
Charge for year	-	194	194
At 31 December 25	108,851	3,188	112,039
Net book value
At 31 December 25	-	780	780
At 31 December 24	-	974	974

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	8,724	6,960
Total	8,724	6,960


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	1,636,719	425
Accrued liabilities and deferred income	2,896	1,800
Total	1,639,615	2,225


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	-	1,630,000
Total	-	1,630,000

7.	Related party transactions
	Included in creditors, amounts falling due within one year, is an amount of £1,630,000 (2024 - due over one year £1,630,000) due to Zetaplan S.R.L. The amount bears interest at a commercial rate and there are no fixed repayment terms. The company is under the control of Zetaplan S.R.L, a company incorporated and registered in Italy. Included in debtors, amounts falling due within one year, is an amount of £Nil (2024 - £Nil) due from Specialist Platform Lift Systems Limited. The amount is interest free and is repayable on demand. A provision of £Nil (2024 - £15,000) has been made against this debtor. Specialist Platform Lift Systems Limited is a company with common directors and shareholders. Included in debtors, amounts falling due within one year, is an amount of £Nil (2024 - £Nil) due from Specialist Lift Services Limited. This amount bears interest at the Italian Base Rate + 2.5% and is repayable on demand. A provision of £25,682 (2024 - £589,188) has been made against this debtor. Specialist Lift Services Limited is in administration. Specialist Lift Services Limited is a company with common directors and shareholders. Included within administration expenses is Consulting of £4,000 (2024 - £Nil) to S K Brunton, in respect of services provided.

Related party transactions

Included in creditors, amounts falling due within one year, is an amount of £1,630,000 (2024 - due over one year £1,630,000) due to Zetaplan S.R.L. The amount bears interest at a commercial rate and there are no fixed repayment terms.

The company is under the control of Zetaplan S.R.L, a company incorporated and registered in Italy.

Included in debtors, amounts falling due within one year, is an amount of £Nil (2024 - £Nil) due from Specialist Platform Lift Systems Limited. The amount is interest free and is repayable on demand. A provision of £Nil (2024 - £15,000) has been made against this debtor.

Specialist Platform Lift Systems Limited is a company with common directors and shareholders.

Included in debtors, amounts falling due within one year, is an amount of £Nil (2024 - £Nil) due from Specialist Lift Services Limited. This amount bears interest at the Italian Base Rate + 2.5% and is repayable on demand. A provision of £25,682 (2024 - £589,188) has been made against this debtor. Specialist Lift Services Limited is in administration.

Specialist Lift Services Limited is a company with common directors and shareholders.

Included within administration expenses is Consulting of £4,000 (2024 - £Nil) to S K Brunton, in respect of services provided.