LAMZIKI LTD

Company Registration Number:
16093730 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 21 November 2024

End date: 30 November 2025

LAMZIKI LTD

Contents of the Financial Statements

for the Period Ended 30 November 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LAMZIKI LTD

Directors' report period ended 30 November 2025

The directors present their report with the financial statements of the company for the period ended 30 November 2025

Principal activities of the company

The principal activities of the company during the year were the trading of metals and metal ores, and the wholesale of waste and scrap.

Company policy on disabled employees

The company is committed to providing equal opportunities for disabled people. It aims to ensure that recruitment, employment, training and career development decisions are based on a person’s skills and suitability for the role. The company will consider reasonable adjustments to support disabled applicants and employees. If an employee becomes disabled while working for the company, it will seek to support their continued employment, including by considering adjustments to their duties or working arrangements where appropriate.

Additional information

The directors confirm that, so far as they are aware, there is no relevant audit information of which the company’s auditors are unaware. Each director has taken all the steps that they ought to have taken in order to make themselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information. The directors recognise their responsibility for ensuring that the company maintains appropriate financial controls and accounting records, complies with its statutory obligations, and is managed effectively and responsibly. These matters are kept under review as part of the company’s ongoing management. No significant events occurred during the year that the directors consider require further disclosure in this report.



Directors

The director shown below has held office during the whole of the period from
21 November 2024 to 30 November 2025

Anesu Shoniwa

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 August 2026

And signed on behalf of the board by:
Name: Anesu Shoniwa
Status: Director

LAMZIKI LTD

Profit And Loss Account

for the Period Ended 30 November 2025

2025


£
Turnover: 11,413,287
Cost of sales: ( 7,293,518 )
Gross profit(or loss): 4,119,769
Distribution costs: ( 1,021,348 )
Administrative expenses: ( 693,764 )
Other operating income: 18,326
Operating profit(or loss): 2,422,983
Interest receivable and similar income: 6,481
Interest payable and similar charges: ( 31,247 )
Profit(or loss) before tax: 2,398,217
Tax: ( 599,544 )
Profit(or loss) for the financial year: 1,798,673

LAMZIKI LTD

Balance sheet

As at 30 November 2025

Notes 2025


£
Fixed assets
Tangible assets: 3 707,982
Total fixed assets: 707,982
Current assets
Stocks: 4 368,417
Debtors: 5 762,857
Cash at bank and in hand: 789,848
Investments: 6 300,000
Total current assets: 2,221,122
Creditors: amounts falling due within one year: 7 ( 666,883 )
Net current assets (liabilities): 1,554,239
Total assets less current liabilities: 2,262,221
Creditors: amounts falling due after more than one year: 8 ( 168,072 )
Provision for liabilities: ( 45,486 )
Total net assets (liabilities): 2,048,663
Capital and reserves
Called up share capital: 250,000
Profit and loss account: 1,798,663
Total Shareholders' funds: 2,048,663

The notes form part of these financial statements

LAMZIKI LTD

Balance sheet statements

For the year ending 30 November 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 August 2026
and signed on behalf of the board by:

Name: Anesu Shoniwa
Status: Director

The notes form part of these financial statements

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value, excluding value added tax, of goods supplied and services provided during the financial year. Revenue is recognised in accordance with the accounting policies set out in the financial statements and the applicable financial reporting framework. Revenue from the sale of goods is recognised when control of the goods passes to the customer, usually on delivery or acceptance. Revenue is measured at the amount of consideration the company expects to receive, after deducting trade discounts, rebates and agreed returns. Revenue from construction services and long-term contracts is recognised over time where the relevant criteria are met. The amount recognised reflects the progress made towards completing the contract, assessed by reference to project milestones, costs incurred compared with estimated total costs, and the company’s contractual obligations. Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent that the costs incurred are expected to be recoverable. Any anticipated loss on a contract is recognised immediately as an expense. Revenue from services is recognised as the services are provided, provided the company has an enforceable right to payment. Where services are delivered over a period of time, revenue is recognised over that period in a manner that reflects the work performed. The directors review significant judgements and estimates used in applying the company’s revenue recognition policies and update them as necessary to reflect the terms of contracts and the information available.

    Tangible fixed assets depreciation policy

    The company depreciates tangible fixed assets using the straight-line method, allocating their depreciable amount evenly over their estimated useful lives. Depreciation begins when an asset is available for use and is charged to the profit and loss account until the asset is fully depreciated or derecognised. The depreciable amount is calculated as the asset’s cost less its estimated residual value. The directors review useful lives and residual values at each financial year-end and revise them where changes in the asset’s expected use, condition or technology indicate that an adjustment is appropriate.

    Valuation information and policy

    The company adopts a fair value approach to valuing its assets and liabilities. This approach ensures that assets and liabilities are recorded at their estimated fair market values, providing a more accurate reflection of the company's financial position. The valuation process is conducted by qualified professionals using appropriate valuation methodologies and considering relevant market data and industry practices. Regular reviews and updates of valuations are performed to maintain accuracy and relevance.

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025
    Average number of employees during the period 13

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 441,382 45,312 17,964 366,201 870,859
Disposals
Revaluations
Transfers
At 30 November 2025 441,382 45,312 17,964 366,201 870,859
Depreciation
Charge for year 64,138 9,062 5,928 83,749 162,877
On disposals
Other adjustments
At 30 November 2025 64,138 9,062 5,928 83,749 162,877
Net book value
At 30 November 2025 377,244 36,250 12,036 282,452 707,982

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Stocks

2025
£
Stocks 368,417
Total 368,417

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Debtors

2025
£
Trade debtors 712,384
Prepayments and accrued income 18,527
Other debtors 31,946
Total 762,857

Trade and other receivables are recognised when the company becomes entitled to receive payment. They are reviewed at each reporting date to assess whether any amounts may not be recoverable, with an impairment allowance recognised where appropriate. Debtors comprise amounts due from customers for goods or services supplied on credit, together with prepayments and other receivables. At 30 November 2025, the total balance was £762,857. Management considers the balance recoverable in the ordinary course of business. The company assesses the need for an allowance for doubtful debts by reviewing the age and recoverability of outstanding balances, along with any other relevant information. At 30 November 2025, no allowance for doubtful debts was considered necessary.

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

6. Current assets investments note

Current asset investments comprise short-term financial holdings that the company intends to realise or convert into cash within 12 months of the year-end. At the year-end, these investments had a total carrying value of £300,000 and consisted mainly of marketable securities and other low-risk instruments. They are measured at the lower of cost and fair value, in accordance with the company’s accounting policy. Management monitors their value, performance and liquidity regularly, taking account of the company’s expected short-term cash requirements. This helps ensure the investments remain readily accessible to support the company’s operational and financial needs.

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

7. Creditors: amounts falling due within one year note

2025
£
Amounts due under finance leases and hire purchase contracts 84,036
Trade creditors 196,418
Taxation and social security 354,771
Accruals and deferred income 22,915
Other creditors 8,743
Total 666,883

Creditors represent amounts owed to suppliers for goods and services received on deferred payment terms. At 30 November 2025, the total balance due was £666,883. The company expects to settle these amounts within 60 days, in accordance with the applicable payment terms. The creditor balance is reviewed to ensure that liabilities for goods and services received by the reporting date are recorded in the appropriate period. Payments are managed alongside the company’s cash-flow requirements and supplier arrangements.

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

8. Creditors: amounts falling due after more than one year note

2025
£
Amounts due under finance leases and hire purchase contracts 168,072
Total 168,072

The amount represents outstanding hire purchase liabilities of £168,072 at the reporting date. These obligations relate to assets acquired under hire purchase agreements and are secured against the assets financed. Repayment will be made in accordance with the terms of the relevant agreements.

LAMZIKI LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

9. Financial Commitments

At the year-end, the company had financial commitments arising in the ordinary course of its scrap, metals and waste trading activities. These included contractual obligations to purchase goods and services, lease agreements and other amounts payable in future periods. The commitments support the company’s day-to-day trading activities and its ability to meet customer and supplier requirements. Purchasing commitments may relate to the acquisition of scrap, metals and other waste materials for resale or further handling, together with associated goods and services. Depending on the company’s arrangements, related services may include transport, handling, sorting, processing, storage and disposal. The timing and value of these commitments can be affected by agreed prices, delivery schedules, contracted volumes and payment terms. The company also has obligations arising from lease agreements and other ongoing arrangements used to support its operations. These commitments are settled over the periods specified in the relevant agreements. The directors review the timing of expected payments and consider them alongside forecast receipts, operating costs and other financial requirements. Amounts relating to goods or services received by the year-end, and other liabilities for which the company has a present obligation, are recognised in the financial statements as creditors or other appropriate liabilities. Future contractual commitments are considered separately and disclosed where required by the applicable financial reporting framework. The directors intend to meet the company’s commitments as they fall due. Cash flows and anticipated funding requirements are monitored as part of the company’s financial planning, with the aim of maintaining sufficient liquidity to meet contractual obligations while supporting ongoing trading activities.