Zo Ivory Limited - Filleted accounts

Registered number

15844595

Zo Ivory Limited

Unaudited Filleted Accounts

31 March 2026

Zo Ivory Limited
Registered number:		15844595
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Current assets
Stocks		1,273,981			4,660
Debtors	3	6,460			17,175
Cash at bank and in hand		4,192			56,832
		1,284,633			78,667

Creditors: amounts falling due within one year	4	(274,179)			(78,500)

Net current assets			1,010,454			167

Total assets less current liabilities			1,010,454			167

Creditors: amounts falling due after more than one year	5		(1,011,143)			-



Net (liabilities)/assets			(689)			167

Capital and reserves
Called up share capital			300			300
Profit and loss account			(989)			(133)

Shareholders' funds			(689)			167

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




O Passmore
Director
Approved by the board on 24 October 2026

Zo Ivory Limited
Notes to the Accounts
for the period from 1 August 2025 to 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Borrowing costs
	General and specific borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Such borrowing costs are capitalised at a rate in line with the loan rate. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	0		0


3	Debtors	2026		2025
£			£

	Deferred tax asset	201		-
	Other debtors	6,259		17,175
		6,460		17,175


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Trade creditors	6,179		500
	Other creditors	268,000		78,000
		274,179		78,500


5	Creditors: amounts falling due after one year	2026		2025
£			£

	Bank loans	1,011,143		-


6	Loans	2026		2025
£			£
	Creditors include:

	Secured bank loans	1,011,143		-

	Bank loans are secured by property held by the company.


7	Related party transactions

	At 31 March 2026, the company had an outstanding loan of £268,000 payable to O.M.P Trading Ltd, a company in which one of the company's directors holds a 50% interest. At 31 March 2026, the company had an outstanding debtor of £5,454 due from Ivory House Freehold Ltd, a company jointly owned by the directors of the company.


8	Other information

	Zo Ivory Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Wingfield Hall
	Wingfield
	Diss
	United Kingdom
	IP21 5QX