Ziybet Contractors Limited - Filleted accounts

Ziybet Contractors Limited
Registered number:		04639620
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,011			2,515

Current assets
Debtors	4	82,316			125,378
Cash at bank and in hand		27,877			1,010
		110,193			126,388

Creditors: amounts falling due within one year	5	(98,981)			(87,699)

Net current assets			11,212			38,689

Total assets less current liabilities			13,223			41,204

Creditors: amounts falling due after more than one year	6		(12,995)			(22,848)



Net assets			228			18,356

Capital and reserves
Called up share capital			1			1
Profit and loss account			227			18,355

Shareholders' funds			228			18,356

The director is 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 director acknowledges his 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.




Mr Barry Mare
Director
Approved by the board on 28 November 2025

Ziybet Contractors Limited
Notes to the Accounts
for the year ended 28 February 2025

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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer & equipments			over 5 years
	Plant and machinery			over 5 years
	Motor vehicles			over 5 years

	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.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					11		10


3	Tangible fixed assets
		Computer & equipments		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	5,188		9,466		7,062		21,716
	At 28 February 2025	5,188		9,466		7,062		21,716

	Depreciation
	At 1 March 2024	3,868		8,849		6,484		19,201
	Charge for the year	264		124		116		504
	At 28 February 2025	4,132		8,973		6,600		19,705

	Net book value
	At 28 February 2025	1,056		493		462		2,011
	At 29 February 2024	1,320		617		578		2,515


4	Debtors					2025		2024
£							£

	Trade debtors					73,022		125,378
	Other debtors					9,294		-
						82,316		125,378


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					76,456		48,885
	Corporation tax					5,576		14,444
	Other taxes and social security					-		891
	Other creditors					16,949		23,479
						98,981		87,699


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					12,995		22,848


7	Other information

	Ziybet Contractors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Court Building
	1 Market Street
	London
	SE18 6FU