Zip Contracts Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06796194

Zip Contracts Ltd

Filleted Unaudited Financial Statements

30 September 2026

Zip Contracts Ltd

Financial Statements

Period from 1 April 2025 to 30 September 2026

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 7

Zip Contracts Ltd

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Zip Contracts Ltd

Period from 1 April 2025 to 30 September 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Zip Contracts Ltd for the period ended 30 September 2026, which comprise the statement of financial position 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Zip Contracts Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Zip Contracts Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Zip Contracts Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Zip Contracts 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 loss of Zip Contracts Ltd. You consider that Zip Contracts Ltd is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Zip Contracts 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.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

12 October 2026

Zip Contracts Ltd

Statement of Financial Position

30 September 2026

	30 Sep 26	31 Mar 25
Note	£	£

Fixed assets

Tangible assets	5	350,000	445,124

Current assets

Stocks		–	1,200
Debtors	6	2,836	3,425
Cash at bank and in hand		237,371	447,149
		---------	---------
		240,207	451,774

Creditors: amounts falling due within one year	7	4,330	30,491
		---------	---------
Net current assets		235,877	421,283
		---------	---------
Total assets less current liabilities		585,877	866,407

Provisions

Taxation including deferred tax	31,312	41,870
	---------	---------
Net assets	554,565	824,537
	---------	---------

Zip Contracts Ltd

Statement of Financial Position (continued)

30 September 2026

	30 Sep 26	31 Mar 25
Note	£	£

Capital and reserves

Called up share capital	10	10
Fair value reserve	93,937	141,952
Profit and loss account	460,618	682,575
	---------	---------
Shareholders funds	554,565	824,537
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 30 September 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 11 October 2026 , and are signed on behalf of the board by:

Mr P A Hogan	Mrs N Y Hogan
Director	Director

Company registration number: 06796194

Zip Contracts Ltd

Notes to the Financial Statements

Period from 1 April 2025 to 30 September 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Limes, Little Top Lane, Lound, Retford, Nottinghamshire, DN22 8RH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

These financial statements have been prepared in accordance with UK Generally Accepted Accounting Practice (UK GAAP) and the Companies Act 2006. The company’s directors have made a formal decision to place the company into a Members’ Voluntary Liquidation (MVL). Consequently, these accounts have been prepared on the basis that the company will be liquidated in the near future, and assets will be realised and liabilities settled in the ordinary course of the MVL. No adjustments have been made to the carrying value of assets or liabilities other than those required to reflect their expected realisation in the liquidation process.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

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 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Motor vehicles	-	20% reducing balance
Office equipment	-	20% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. The change in fair value is subject to deferred tax, with the net fair value change transferred to the fair value reserve.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 3 (2025: 2 ).

5. Tangible assets

	Investment property	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 April 2025	400,000	2,478	69,895	3,255	475,628
Additions	–	–	65,161	959	66,120
Disposals	–	( 2,478)	( 135,056)	( 4,214)	( 141,748)
Revaluations	( 50,000)	–	–	–	( 50,000)
	---------	-------	---------	-------	---------
At 30 September 2026	350,000	–	–	–	350,000
	---------	-------	---------	-------	---------
Depreciation
At 1 April 2025	–	1,912	27,858	734	30,504
Charge for the period	–	94	8,548	495	9,137
Disposals	–	( 2,006)	( 36,406)	( 1,229)	( 39,641)
	---------	-------	---------	-------	---------
At 30 September 2026	–	–	–	–	–
	---------	-------	---------	-------	---------
Carrying amount
At 30 September 2026	350,000	–	–	–	350,000
	---------	-------	---------	-------	---------
At 31 March 2025	400,000	566	42,037	2,521	445,124
	---------	-------	---------	-------	---------

The investment property is held at it's fair value amount, with a fair value determined of £350,000. The historical cost of the investment property amounts to £224,751.

6. Debtors

	30 Sep 26	31 Mar 25
	£	£
Other debtors	2,836	3,425
	-------	-------

7. Creditors: amounts falling due within one year

	30 Sep 26	31 Mar 25
	£	£
Trade creditors	–	2,008
Social security and other taxes	–	1,564
Other creditors	4,330	26,919
	-------	--------
	4,330	30,491
	-------	--------

8. Related party transactions

A loan account exists between the company and the directors. At the balance sheet date, the amount owed to the directors in this regard, amounted to £4,330 (2025: £21,748). There are no formal repayment terms relating to this loan and interest is not being charged.