REGISTERED NUMBER: 11961563 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Zing Dev Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A C Ardron

J R J Hucker

T O Purkis

P N Young

SECRETARY:

L M Ellera

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

11961563 (England and Wales)

SENIOR STATUTORY AUDITOR:

Susan Ambrose FCCA FCA

AUDITORS:

Butt Miller

Chartered Accountants and Statutory Auditor

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Intangible assets

4

33,228

29,467

Tangible assets

5

1,306

6,878

34,534

36,345

CURRENT ASSETS

Debtors

6

212,158

352,061

Cash at bank

175,792

563,000

387,950

915,061

CREDITORS

Amounts falling due within one year

7

(1,244,319

)

(1,090,778

)

NET CURRENT LIABILITIES

(856,369

)

(175,717

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(821,835

)

(139,372

)

CREDITORS

Amounts falling due after more than one year

8

(769,462

)

(769,462

)

NET LIABILITIES

(1,591,297

)

(908,834

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,591,397

)

(908,934

)

SHAREHOLDERS' FUNDS

(1,591,297

)

(908,834

)

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 26 May 2026 and were signed on its behalf by:

P N Young - Director

1.	STATUTORY INFORMATION

Zing Dev 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Deferred income arises from the allocation of invoiced amounts over the period to which they relate.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

Intangible assets are being amortised evenly over their useful lives of 2 to 4 years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

50% on cost

Financial instruments

Short term instruments i.e. those due in less than one year, are measured at transaction price. Other financial instruments, which are not subject to a market rate of interest, are measured initially at fair value and are measured subsequently at amortised cost using the effective interest rate method.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Operating leases

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Going concern

The directors have reviewed the results of the company and its position at the year end. The company's current business plan includes significant forecasted sales growth which is expected to lead to the company generating positive operating cash flows. During the prior year, the directors secured additional funding and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

31,151

Additions

15,731

At 31 December 2025

46,882

AMORTISATION

At 1 January 2025

1,684

Charge for year

11,970

At 31 December 2025

13,654

NET BOOK VALUE

At 31 December 2025

33,228

At 31 December 2024

29,467

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

1,178

44,119

45,297

Disposals

-

(1,502

)

(1,502

)

At 31 December 2025

1,178

42,617

43,795

DEPRECIATION

At 1 January 2025

157

38,262

38,419

Charge for year

236

5,336

5,572

Eliminated on disposal

-

(1,502

)

(1,502

)

At 31 December 2025

393

42,096

42,489

NET BOOK VALUE

At 31 December 2025

785

521

1,306

At 31 December 2024

1,021

5,857

6,878

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

122,870

139,747

Other debtors

9,150

17,351

Tax

-

42,412

Prepayments and accrued income

80,138

152,551

212,158

352,061

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,679

22,459

Trade creditors

130,636

10,604

Amounts owed to group undertakings

786,841

804,792

Social security and other taxes

32,632

41,644

VAT

5,581

17,650

Other creditors

4,360

16,938

Accruals and deferred income

280,590

176,691

1,244,319

1,090,778

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Debentures - 2-5 years

769,462

769,462

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

44,010

100,203

Between one and five years

1,165

4,340

45,175

104,543

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Debentures

749,482

749,482

Maven Capital Partners UK LLP lodged a fixed and floating charge over all the property and undertakings of the company.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Susan Ambrose FCCA FCA (Senior Statutory Auditor)

for and on behalf of Butt Miller