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REGISTERED NUMBER: 07961333 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Naz A Naz Frozen Foods UK Ltd

Naz A Naz Frozen Foods UK Ltd (Registered number: 07961333)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Naz A Naz Frozen Foods UK Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: A Dastagir





SECRETARY:





REGISTERED OFFICE: Unit 42 Camp Hill Industrial Estate
John Kempe Way
Birmingham
West Midlands
B12 0HU





REGISTERED NUMBER: 07961333 (England and Wales)





ACCOUNTANTS: Tax Efficient Accountants
468A Stratford Road
Birmingham
West Midlands
B11 4AE

Naz A Naz Frozen Foods UK Ltd (Registered number: 07961333)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,846 37,806

CURRENT ASSETS
Stocks 29,590 17,950
Debtors 5 289,984 183,891
Cash at bank and in hand 32,304 44,248
351,878 246,089
CREDITORS
Amounts falling due within one year 6 91,497 144,096
NET CURRENT ASSETS 260,381 101,993
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,227

139,799

CREDITORS
Amounts falling due after more than one year 7 174,163 38,941
NET ASSETS 133,064 100,858

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 133,063 100,857
SHAREHOLDERS' FUNDS 133,064 100,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Naz A Naz Frozen Foods UK Ltd (Registered number: 07961333)

Balance Sheet - continued
28 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





A Dastagir - Director


Naz A Naz Frozen Foods UK Ltd (Registered number: 07961333)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Naz A Naz Frozen Foods UK Ltd 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. 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% 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 Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 15 ) .

Naz A Naz Frozen Foods UK Ltd (Registered number: 07961333)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 82,700 2,525 72,779 583 158,587
Additions 20,750 - - - 20,750
At 28 February 2023 103,450 2,525 72,779 583 179,337
DEPRECIATION
At 1 March 2022 68,998 2,253 49,413 117 120,781
Charge for year 6,890 54 4,673 93 11,710
At 28 February 2023 75,888 2,307 54,086 210 132,491
NET BOOK VALUE
At 28 February 2023 27,562 218 18,693 373 46,846
At 28 February 2022 13,702 272 23,366 466 37,806

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 236,575 178,274
Other debtors 53,409 5,617
289,984 183,891

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 21,316 19,669
Trade creditors 39,869 88,332
Taxation and social security 22,757 22,632
Other creditors 7,555 13,463
91,497 144,096

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 174,163 38,941

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 161,514 -