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REGISTERED NUMBER: 08528941 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

EZ SYS Ltd

EZ SYS Ltd (Registered number: 08528941)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EZ SYS Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Shengyi Zhang





REGISTERED OFFICE: 361 New Cross Road
LONDON
London
SE14 6AT





REGISTERED NUMBER: 08528941 (England and Wales)





ACCOUNTANTS: WONG LANGE & CO.
Chartered Certified & Management Accountants
29-30 Frith Street
London
W1D 5LG

EZ SYS Ltd (Registered number: 08528941)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,637 34,045

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 3,308 3,562
Cash at bank 2,732 4,405
9,040 10,967
CREDITORS
Amounts falling due within one year 6 66,032 65,826
NET CURRENT LIABILITIES (56,992 ) (54,859 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,355

)

(20,814

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (23,455 ) (20,914 )
(23,355 ) (20,814 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 16 February 2024 and were signed by:





Shengyi Zhang - Director


EZ SYS Ltd (Registered number: 08528941)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

EZ SYS 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 etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

EZ SYS Ltd (Registered number: 08528941)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 31,320 5,055 36,375
DEPRECIATION
At 1 June 2022 - 2,330 2,330
Charge for year - 408 408
At 31 May 2023 - 2,738 2,738
NET BOOK VALUE
At 31 May 2023 31,320 2,317 33,637
At 31 May 2022 31,320 2,725 34,045

5. DEBTORS
31.5.23 31.5.22
£    £   
Amounts falling due within one year:
Other debtors 1,433 1,687

Amounts falling due after more than one year:
Other debtors 1,875 1,875

Aggregate amounts 3,308 3,562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security 7 539
Other creditors 66,025 65,287
66,032 65,826

7. GOING CONCERN

The account has been drawn up on a going concern basis and the director has confirmed that he has enough funds available to inject into the company should it be necessary to the company in order that all other creditors are paid when the liabilities fall due.