ZOOLAB LTD


Directors	MATHISON, Diane
	STEPHENSON, Nicola


Company Secretary	KENDALL, Judith Ann


Registered Address	3 Garnhall Farm Road
	Cumbernauld
	Glasgow
	G68 0HA


Registered Number	SC427424 (Scotland)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		36,486		45,243
Tangible assets	4		48,687		59,772
			85,173		105,015
Current assets
Debtors	5	158,650		205,471
Cash at bank and on hand		128,644		78,724
		287,294		284,195
Creditors amounts falling due within one year	6	(211,150)		(227,489)
Net current assets (liabilities)			76,144		56,706
Total assets less current liabilities			161,317		161,721
Creditors amounts falling due after one year	7		-		(2,655)
Provisions for liabilities	8		(1,362)		(1,896)
Net assets			159,955		157,170
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			158,955		156,170
Shareholders' funds			159,955		157,170

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 18 May 2026, and are signed on its behalf by:

MATHISON, Diane
Director
Registered Company No. SC427424

ZOOLAB LTD

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 Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	5
Plant and machinery	-	4
Vehicles	25	-
Office Equipment	25	-

2.	Average number of employees


		2025		2024
	Average number of employees during the year	47		39

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 25	90,000	90,000
At 31 December 25	90,000	90,000
Amortisation and impairment
At 01 January 25	44,757	44,757
Charge for year	8,757	8,757
At 31 December 25	53,514	53,514
Net book value
At 31 December 25	36,486	36,486
At 31 December 24	45,243	45,243

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	99,994	9,132	4,899	2,381	116,406
Additions	13,726	-	-	1,392	15,118
Disposals	-	(208)	-		(208)
At 31 December 25	113,720	8,924	4,899	3,773	131,316
Depreciation and impairment
At 01 January 25	50,202	5,999	251	182	56,634
Charge for year	22,002	2,283	1,162	705	26,152
On disposals	-	(158)	-	-	(158)
Other adjustments	-	-	-	1	1
At 31 December 25	72,204	8,124	1,413	888	82,629
Net book value
At 31 December 25	41,516	800	3,486	2,885	48,687
At 31 December 24	49,792	3,133	4,648	2,199	59,772

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	99,471	105,123
Other debtors	53,807	91,738
Prepayments and accrued income	5,372	8,610
Total	158,650	205,471

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,198	8,441
Bank borrowings and overdrafts	10,437	20,406
Taxation and social security	95,933	108,110
Other creditors	11,961	6,403
Accrued liabilities and deferred income	89,621	84,129
Total	211,150	227,489

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	2,655
Total	-	2,655

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,362	1,896
Total	1,362	1,896