Zing Digital & Marketing Services LLP

REGISTERED NUMBER: OC353599 (England and Wales)

Report of the Members and

Financial Statements

for the Year Ended 31 March 2025

for

ZING DIGITAL & MARKETING SERVICES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mr D R C Treasure

Mrs A M Treasure

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

OC353599 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of printing services.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr D R C Treasure

Mrs A M Treasure

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £661 (2024 - £17,755 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr D R C Treasure - Designated member

10 July 2026

TURNOVER

774,479

749,828

Cost of sales

382,663

354,263

GROSS PROFIT

391,816

395,565

Administrative expenses

392,326

412,708

OPERATING LOSS

4

(510

)

(17,143

)

Interest receivable and similar income

276

-

(234

)

(17,143

)

Interest payable and similar expenses

427

612

LOSS FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS

(661

)

(17,755

)

FIXED ASSETS

Intangible assets

5

18,000

24,000

Tangible assets

6

2,035

4,204

20,035

28,204

CURRENT ASSETS

Debtors

7

1,032,667

872,896

Cash at bank

542,400

624,614

1,575,067

1,497,510

CREDITORS

Amounts falling due within one year

8

1,593,435

1,514,047

NET CURRENT LIABILITIES

(18,368

)

(16,537

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,667

11,667

CREDITORS

Amounts falling due after more than one year

9

1,667

11,667

NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

7

(305,917

)

(298,215

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 10 July 2026 and were signed by:

Mr D R C Treasure - Designated member

1.	STATUTORY INFORMATION

Zing Digital & Marketing Services LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and Straight line over 3 years

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - 7 ).

4.	OPERATING LOSS

The operating loss is stated after charging:

31.3.25

31.3.24

£

Depreciation - owned assets

2,169

8,956

Goodwill amortisation

6,000

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

60,000

AMORTISATION

At 1 April 2024

36,000

Amortisation for year

6,000

At 31 March 2025

42,000

NET BOOK VALUE

At 31 March 2025

18,000

At 31 March 2024

24,000

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

36,370

73,030

10,271

119,671

DEPRECIATION

At 1 April 2024

33,832

73,030

8,605

115,467

Charge for year

634

-

1,535

2,169

At 31 March 2025

34,466

73,030

10,140

117,636

NET BOOK VALUE

At 31 March 2025

1,904

-

131

2,035

At 31 March 2024

2,538

-

1,666

4,204

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

169,145

157,053

Bad debts provision

-

(41,409

)

Amounts owed by group undertakings

548,537

456,337

Amounts due from members

305,917

298,215

Other debtors

2,700

Prepayments and accrued income

6,368

-

1,032,667

872,896

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts (see note 10)

10,000

Trade creditors

33,836

31,533

Social security and other taxes

7,683

23,850

VAT

15,357

10,278

Accruals and deferred income

1,526,559

1,438,386

1,593,435

1,514,047

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

Bank loans (see note 10)

1,667

11,667

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,667

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,667