ZERO25 LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

DIRECTORS:

Dr M C Catley

Ms T Tshalibe

REGISTERED OFFICE:

12-13 Monkey Puzzle Day Nursery

12-13 Regent Terrace

Cambridge

CB2 1AA

REGISTERED NUMBER:

10262561 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Intangible assets

4

2,229

6,050

Tangible assets

5

77,994

84,816

80,223

90,866

CURRENT ASSETS

Debtors

6

201,313

172,605

Cash at bank

24,529

24,206

225,842

196,811

CREDITORS

Amounts falling due within one year

7

248,931

257,426

NET CURRENT LIABILITIES

(23,089

)

(60,615

)

TOTAL ASSETS LESS CURRENT LIABILITIES

57,134

30,251

CREDITORS

Amounts falling due after more than one year

8

(46,269

)

(69,108

)

PROVISIONS FOR LIABILITIES

(591

)

-

NET ASSETS/(LIABILITIES)

10,274

(38,857

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10,272

(38,859

)

10,274

(38,857

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th July 2026 and were signed on its behalf by:

Ms T Tshalibe - Director

1.	STATUTORY INFORMATION

Zero25 Ltd 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.

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Turnover

Turnover represents amounts derived from the provision of nursery care as the services are provided.

Any income received in advance is deferred and included in current liabilities.

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.

Franchise is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Improvements to property

-

straight line over 20 years

Nursery equipment

-

25% on cost

Computer equipment

-

Straight line over 3 years

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

£

COST

At 1st January 2025

and 31st December 2025

38,210

AMORTISATION

At 1st January 2025

32,160

Amortisation for year

3,821

At 31st December 2025

35,981

NET BOOK VALUE

At 31st December 2025

2,229

At 31st December 2024

6,050

5.	TANGIBLE FIXED ASSETS

Improvements

to

Nursery

Computer

property

equipment

equipment

Totals

£

£

£

£

COST

At 1st January 2025

142,928

54,936

-

197,864

Additions

-

290

930

1,220

At 31st December 2025

142,928

55,226

930

199,084

DEPRECIATION

At 1st January 2025

60,152

52,896

-

113,048

Charge for year

7,146

793

103

8,042

At 31st December 2025

67,298

53,689

103

121,090

NET BOOK VALUE

At 31st December 2025

75,630

1,537

827

77,994

At 31st December 2024

82,776

2,040

-

84,816

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

17,194

26,933

Doubtful debt provision

(140

)

-

Amounts owed by participating interests

18,798

54,379

Other debtors

3,029

1,900

Rent deposit

12,551

12,551

Directors' current accounts

105,226

50,780

Tax

35,186

16,906

Prepayments and accrued income

9,469

9,156

201,313

172,605

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts

22,839

31,024

Trade creditors

14,798

21,393

Amounts owed to participating interests

3,331

-

Corporation tax

40,948

13,265

Social security and other taxes

57,569

68,089

Other creditors

3,814

-

Net wages outstanding

28,819

31,053

Pensions payable

3,728

3,548

Accruals and deferred income

73,085

89,054

248,931

257,426

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans - 1-2 years

46,269

69,108

9.	LEASING AGREEMENTS

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

31/12/25

31/12/24

£

£

Within one year

63,439

63,439

Between one and five years

229,113

236,826

In more than five years

325,061

380,786

617,613

681,051

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st December 2025 and the period ended 31st December 2024:

31/12/25

31/12/24

£

£

Ms T Tshalibe

Balance outstanding at start of year

50,780

39,862

Amounts advanced

58,758

30,246

Amounts repaid

(4,312

)

(19,328

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

105,226

50,780

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Zero25 Ltd for the year ended 31st December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Zero25 Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Zero25 Ltd and state those matters that we have agreed to state to the Board of Directors of Zero25 Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zero25 Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Zero25 Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Zero25 Ltd. You consider that Zero25 Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Zero25 Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

30th July 2026