Zoeftig Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05095810 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Zoeftig Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Williams

Mrs M L Williams

REGISTERED OFFICE:

Kings Hill Industrial Estate

BUDE

Cornwall

EX23 8QN

REGISTERED NUMBER:

05095810 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Intangible assets

4

-

Investments

5

3,990,330

CURRENT ASSETS

Debtors: amounts falling due within one year

6

1,761

8,536

Debtors: amounts falling due after more than
one year

6

-

355,000

Cash at bank

16,766

697

18,527

364,233

CREDITORS

Amounts falling due within one year

7

5,270

5,720

NET CURRENT ASSETS

13,257

358,513

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,003,587

4,348,843

CREDITORS

Amounts falling due after more than one
year

8

947,098

1,274,245

NET ASSETS

3,056,489

3,074,598

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

3,056,469

3,074,578

SHAREHOLDERS' FUNDS

3,056,489

3,074,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

P D Williams - Director

Mrs M L Williams - Director

1.	STATUTORY INFORMATION

Zoeftig Group 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.

Preparation of consolidated financial statements

The financial statements contain information about Zoeftig Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Development costs are being amortised evenly over their estimated useful life of three years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost, less any provisions for impairment.

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.

Current and 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.

Financial instruments

Basic financial assets, including cash and bank balances, are initially recognised at transaction price. Such assets are subsequently carried at amortised cost.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. Any impairment losses are recognised in profit or loss.

Basic financial liabilities, including other creditors, are initially recognised at transaction price. Other creditors are measured at amortised cost using the effective interest method. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

235,577

AMORTISATION

At 1 April 2025

and 31 March 2026

235,577

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Investment

in

subsidiaries

£

COST

At 1 April 2025

and 31 March 2026

3,990,330

NET BOOK VALUE

At 31 March 2026

3,990,330

At 31 March 2025

3,990,330

6.

DEBTORS

2026

2025

£

Amounts falling due within one year:

Directors' current accounts

-

8,536

VAT

1,761

-

1,761

8,536

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

355,000

Aggregate amounts

1,761

363,536

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed to group undertakings

4,050

Accrued expenses

1,220

1,670

5,270

5,720

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Amounts owed to group undertakings

947,098

1,274,245

9.	PARENT COMPANY

The parent company is PNM Management Limited. The registered office of the parent company is Cobar Chase, The Street, Luckington, Wiltshire, England, SN14 6NP

The ultimate controlling party of the group is the directors.