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Registration number: 15705409

Zest Falmouth Ltd
Unaudited Filleted Financial Statements
for the Period from 7 May 2024 to 31 May 2025

Zest Falmouth Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Zest Falmouth Ltd

Company Information

Directors | A T Lynch A H Lynch

Registered office | Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Accountants | Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Zest Falmouth Ltd

(Registration number: 15705409)
Balance Sheet as at 31 May 2025

| Note | 2025 £
Fixed assets |  |
Intangible assets | 4 | 41,250
Tangible assets | 5 | 12,248
|  | 53,498
Current assets |  |
Stocks |  | 3,000
Debtors | 6 | 13,052
Cash at bank and in hand |  | 2,858
|  | 18,910
Creditors: Amounts falling due within one year | 7 | (207,639)
Net current liabilities |  | (188,729)
Net liabilities |  | (135,231)
Capital and reserves |  |
Called up share capital |  | 4
Retained earnings |  | (135,235)
Shareholders' deficit |  | (135,231)

For the financial period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:

......................................... A T Lynch Director

Zest Falmouth Ltd

Notes to the Unaudited Financial Statements for the Period from 7 May 2024 to 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

These financial statements were authorised for issue by the Board on 13 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

After reviewing the company's forecasts and projections, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore adopts the going concern basis in preparing its financial statements.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

After reviewing the company's forecasts and projections, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore adopts the going concern basis in preparing its financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Zest Falmouth Ltd

Notes to the Unaudited Financial Statements for the Period from 7 May 2024 to 31 May 2025 (continued)

2 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Intangible asset | 20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Zest Falmouth Ltd

Notes to the Unaudited Financial Statements for the Period from 7 May 2024 to 31 May 2025 (continued)

2 | Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 10.

Zest Falmouth Ltd

Notes to the Unaudited Financial Statements for the Period from 7 May 2024 to 31 May 2025 (continued)

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
Additions acquired separately | 55,000 | 55,000
At 31 May 2025 | 55,000 | 55,000
Amortisation
Amortisation charge | 13,750 | 13,750
At 31 May 2025 | 13,750 | 13,750
Carrying amount
At 31 May 2025 | 41,250 | 41,250

5 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
Additions | 16,331 | 16,331
At 31 May 2025 | 16,331 | 16,331
Depreciation
Charge for the period | 4,083 | 4,083
At 31 May 2025 | 4,083 | 4,083
Carrying amount
At 31 May 2025 | 12,248 | 12,248

6 | Debtors

Current | 2025 £
Trade debtors | 3,448
Other debtors | 9,604
| 13,052

Zest Falmouth Ltd

Notes to the Unaudited Financial Statements for the Period from 7 May 2024 to 31 May 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Trade creditors | 36,028
Taxation and social security | 19,250
Accruals and deferred income | 1,500
Other creditors | 150,861
| 207,639