IRIS Accounts Production v23.1.5.20 13233275 director 1.3.22 28.2.23 28.2.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132332752022-02-28132332752023-02-28132332752022-03-012023-02-28132332752021-02-28132332752021-03-012022-02-28132332752022-02-2813233275ns15:EnglandWales2022-03-012023-02-2813233275ns14:PoundSterling2022-03-012023-02-2813233275ns10:Director12022-03-012023-02-2813233275ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2813233275ns10:SmallEntities2022-03-012023-02-2813233275ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2813233275ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2813233275ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2813233275ns10:FullAccounts2022-03-012023-02-281323327512022-03-012023-02-2813233275ns10:OrdinaryShareClass12022-03-012023-02-2813233275ns10:RegisteredOffice2022-03-012023-02-2813233275ns5:CurrentFinancialInstruments2023-02-2813233275ns5:CurrentFinancialInstruments2022-02-2813233275ns5:Non-currentFinancialInstruments2023-02-2813233275ns5:Non-currentFinancialInstruments2022-02-2813233275ns5:ShareCapital2023-02-2813233275ns5:ShareCapital2022-02-2813233275ns5:RetainedEarningsAccumulatedLosses2023-02-2813233275ns5:RetainedEarningsAccumulatedLosses2022-02-2813233275ns5:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813233275ns5:PatentsTrademarksLicencesConcessionsSimilar2022-03-012023-02-2813233275ns5:PatentsTrademarksLicencesConcessionsSimilar2022-02-2813233275ns5:PatentsTrademarksLicencesConcessionsSimilar2023-02-2813233275ns5:PatentsTrademarksLicencesConcessionsSimilar2022-02-2813233275ns5:ComputerEquipment2022-02-2813233275ns5:ComputerEquipment2022-03-012023-02-2813233275ns5:ComputerEquipment2023-02-2813233275ns5:ComputerEquipment2022-02-2813233275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2813233275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2813233275ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-02-2813233275ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-02-2813233275ns10:OrdinaryShareClass12023-02-2813233275ns5:RetainedEarningsAccumulatedLosses2022-02-2813233275ns5:RetainedEarningsAccumulatedLosses2022-03-012023-02-28
REGISTERED NUMBER: 13233275 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Mz's Enterprises Ltd

Mz's Enterprises Ltd (Registered number: 13233275)






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


Mz's Enterprises Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Z A A A Shah





REGISTERED OFFICE: First Floor Office F19 - F20
Lancaster House
Concorde Way Millennium Business Park
Mansfield
Nottinghamshire
NG19 7DW





REGISTERED NUMBER: 13233275 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Mz's Enterprises Ltd (Registered number: 13233275)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 51,000 68,000
Tangible assets 5 1,212 1,177
52,212 69,177

CURRENT ASSETS
Debtors 6 16,452 6,924
Cash at bank 4,233 8,230
20,685 15,154
CREDITORS
Amounts falling due within one year 7 47,166 39,892
NET CURRENT LIABILITIES (26,481 ) (24,738 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,731

44,439

CREDITORS
Amounts falling due after more than one
year

8

24,621

44,399
NET ASSETS 1,110 40

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 1,109 39
SHAREHOLDERS' FUNDS 1,110 40

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.

Mz's Enterprises Ltd (Registered number: 13233275)

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 22 November 2023 and were signed by:





Z A A A Shah - Director


Mz's Enterprises Ltd (Registered number: 13233275)

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

1. STATUTORY INFORMATION

Mz's Enterprises 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.

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.

Franchise Fee are being amortised evenly over their estimated useful life of five years.

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

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.

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 4 (2022 - 3 ) .

Mz's Enterprises Ltd (Registered number: 13233275)

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

4. INTANGIBLE FIXED ASSETS
Franchise
Fee
£   
COST
At 1 March 2022
and 28 February 2023 85,000
AMORTISATION
At 1 March 2022 17,000
Amortisation for year 17,000
At 28 February 2023 34,000
NET BOOK VALUE
At 28 February 2023 51,000
At 28 February 2022 68,000

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022 1,569
Additions 439
At 28 February 2023 2,008
DEPRECIATION
At 1 March 2022 392
Charge for year 404
At 28 February 2023 796
NET BOOK VALUE
At 28 February 2023 1,212
At 28 February 2022 1,177

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 15,785 6,257
Other debtors 667 667
16,452 6,924

Mz's Enterprises Ltd (Registered number: 13233275)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 732 -
Tax 13,074 6,029
Social security and other taxes 4,040 601
VAT 5,275 3,543
Directors' current accounts 23,670 29,719
Accrued expenses 375 -
47,166 39,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Other loans - 1-2 years 24,621 44,399

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Retained
earnings
£   

At 1 March 2022 39
Profit for the year 38,770
Dividends (37,700 )
At 28 February 2023 1,109