REGISTERED NUMBER: 04255057 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Zenics Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

80,248

76,954

CURRENT ASSETS

Stocks

17,028

18,602

Debtors

5

390,309

316,305

Cash at bank and in hand

62,916

254,038

470,253

588,945

CREDITORS

Amounts falling due within one year

6

282,326

399,816

NET CURRENT ASSETS

187,927

189,129

TOTAL ASSETS LESS CURRENT LIABILITIES

268,175

266,083

PROVISIONS FOR LIABILITIES

20,062

16,643

NET ASSETS

248,113

249,440

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

3

3

Retained earnings

248,010

249,337

SHAREHOLDERS' FUNDS

248,113

249,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 16 October 2025 and were signed on its behalf by:

Mrs M N A Faulder - Director

1.	STATUTORY INFORMATION

Zenics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04255057

Registered office:

2a Burton Street

Leek

Staffordshire

ST13 8BU

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

16,388

69,020

12,881

Additions

-

1,680

2,283

At 31 March 2025

16,388

70,700

15,164

DEPRECIATION

At 1 April 2024

6,006

42,119

3,020

Charge for year

2,066

7,005

3,109

At 31 March 2025

8,072

49,124

6,129

NET BOOK VALUE

At 31 March 2025

8,316

21,576

9,035

At 31 March 2024

10,382

26,901

9,861

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

23,989

16,409

138,687

Additions

22,500

565

27,028

At 31 March 2025

46,489

16,974

165,715

DEPRECIATION

At 1 April 2024

2,499

8,089

61,733

Charge for year

8,654

2,900

23,734

At 31 March 2025

11,153

10,989

85,467

NET BOOK VALUE

At 31 March 2025

35,336

5,985

80,248

At 31 March 2024

21,490

8,320

76,954

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

380,893

309,730

Other debtors

9,416

6,575

390,309

316,305

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

4,068

Trade creditors

51,905

45,439

Taxation and social security

214,806

344,223

Other creditors

15,615

6,086

282,326

399,816

7.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £43,500 (2024 - £61,500). This financial commitment represents the total amount of payments remaining on a lease ending in 2027.