Company Registration No. 12351329 (England and Wales)
Zhero Logistics Ltd
Unaudited accounts
for the year ended 31 December 2025
Zhero Logistics Ltd
Unaudited accounts
Contents
Zhero Logistics Ltd
Company Information
for the year ended 31 December 2025
Directors
Mr J Sharpe
Mr O King
Company Number
12351329 (England and Wales)
Registered Office
Zhero Hackney Bridge Units 1-28 Echo
E Bay Ln
London
E15 2SJ
United Kingdom
Accountants
Xoba Limited
26 Landsmoor Drive
Longton
Preston
Lancashire
PR4 5PE
Zhero Logistics Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
208,847
202,821
Cash at bank and in hand
56,942
85,151
Creditors: amounts falling due within one year
(172,895)
(165,311)
Net current liabilities
(66,291)
(29,245)
Total assets less current liabilities
142,556
173,576
Creditors: amounts falling due after more than one year
(99,770)
(131,707)
Provisions for liabilities
Deferred tax
(39,681)
(36,010)
Called up share capital
1,000
1,000
Profit and loss account
2,105
4,859
Shareholders' funds
3,105
5,859
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by
Mr J Sharpe
Director
Company Registration No. 12351329
Zhero Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2025
Zhero Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12351329. The registered office is Zhero Hackney Bridge Units 1-28 Echo, E Bay Ln, London, E15 2SJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Zhero Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
5,260
352,141
7,801
2,229
367,431
Additions
-
57,311
630
1,452
59,393
Disposals
(458)
-
-
-
(458)
At 31 December 2025
4,802
409,452
8,431
3,681
426,366
At 1 January 2025
2,512
156,228
4,994
876
164,610
Charge for the year
656
51,278
780
527
53,241
On disposals
(332)
-
-
-
(332)
At 31 December 2025
2,836
207,506
5,774
1,403
217,519
At 31 December 2025
1,966
201,946
2,657
2,278
208,847
At 31 December 2024
2,748
195,913
2,807
1,353
202,821
Amounts falling due within one year
Trade debtors
40,544
31,713
Accrued income and prepayments
3,574
14,523
Zhero Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
21,549
25,150
Obligations under finance leases and hire purchase contracts
45,458
48,201
Trade creditors
42,183
26,216
Taxes and social security
20,340
39,798
Other creditors
1,800
24,096
Loans from directors
3,871
-
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
73,003
83,392
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Average number of employees
During the year the average number of employees was 28 (2024: 19).