REGISTERED NUMBER: 04175109 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Zinco International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

D A Watkins

Secretary:

Ms M B Jackson

Registered office:

Westfields Trading Estate

Hereford

HR4 9NS

Registered number:

04175109 (England and Wales)

Senior statutory auditor:

Russell John Spencer FCCA

Auditors:

Acre Accountancy Limited

Statutory Auditor

Certified Accountants

Unit 2 Foley Works

Foley Trading Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

5

177,757

180,130

CURRENT ASSETS

Stocks

111,083

62,237

Debtors

6

337,738

133,505

Cash at bank and in hand

237,622

340,788

686,443

536,530

CREDITORS

Amounts falling due within one year

7

(330,190

)

(394,863

)

NET CURRENT ASSETS

356,253

141,667

TOTAL ASSETS LESS CURRENT LIABILITIES

534,010

321,797

PROVISIONS FOR LIABILITIES

9

(39,222

)

(42,394

)

NET ASSETS

494,788

279,403

CAPITAL AND RESERVES

Called up share capital

10

5,000

5,000

Retained earnings

489,788

274,403

SHAREHOLDERS' FUNDS

494,788

279,403

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 November 2025 and were signed by:

D A Watkins - Director

1.	STATUTORY INFORMATION

Zinco International 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and, where appropriate, amortised over its useful life of 5 years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets obtained under hire purchase and finance leases are capitalised as tangible assets and depreciated over their useful lives in accordance with depreciation policy. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the lease payments is charged to the profit and loss account over the period of the contract.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2024

633,035

11,329

-

644,364

Additions

10,699

1,758

12,995

25,452

At 31 March 2025

643,734

13,087

12,995

669,816

Depreciation

At 1 April 2024

456,035

8,199

-

464,234

Charge for year

27,207

618

-

27,825

At 31 March 2025

483,242

8,817

-

492,059

Net book value

At 31 March 2025

160,492

4,270

12,995

177,757

At 31 March 2024

177,000

3,130

-

180,130

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

258,720

127,249

VAT

15,584

6,256

Prepayments and accrued income

63,434

-

337,738

133,505

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

96,619

69,459

Amounts owed to group undertakings

71,227

49,575

Taxation and social security

78,592

18,374

Other creditors

83,752

257,455

330,190

394,863

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

13,460

13,460

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax on accelerated

capital allowances

39,222

42,394

39,222

42,394

Deferred

tax

£

Balance at 1 April 2024

42,394

Credit to Profit and Loss Account during year

(3,172

)

Balance at 31 March 2025

39,222

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,000

Ordinary

£1

5,000

5,000

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Russell John Spencer FCCA (Senior Statutory Auditor)

for and on behalf of Acre Accountancy Limited

12.	ULTIMATE CONTROLLING PARTY

Hereford Galvanizers Limited (incorporated in England) is the ultimate parent company, holding all the shares of Zinco International Limited. In the opinion of the director, Hereford Galvanizers Limited is regarded as being the company's ultimate parent company.