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REGISTERED NUMBER: 08119466 (England and Wales)















Financial Statements for the Year Ended 30 June 2023

for

Yuza Holdings Limited

Yuza Holdings Limited (Registered number: 08119466)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yuza Holdings Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: M S M Alessi
T Cohen



REGISTERED OFFICE: St James House
9-15 St James Road
Surbiton
Surrey
KT6 4QH



REGISTERED NUMBER: 08119466 (England and Wales)



ACCOUNTANTS: Fallows & Company Accountants & Business Advisors
St James House
9-15 St James Road
Surbiton
Surrey
KT6 4QH



BANKERS: National Westminster Bank Plc
250 Regent Street
London
W1B 3BN

Yuza Holdings Limited (Registered number: 08119466)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 204 204

CURRENT ASSETS
Debtors 5 732,327 732,118
Cash at bank 9,435 2,864
741,762 734,982
CREDITORS
Amounts falling due within one year 6 148,882 148,846
NET CURRENT ASSETS 592,880 586,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

593,084

586,340

CREDITORS
Amounts falling due after more than one year 7 121,871 110,545
NET ASSETS 471,213 475,795

CAPITAL AND RESERVES
Called up share capital 121 121
Share premium 755,433 755,433
Retained earnings (284,341 ) (279,759 )
SHAREHOLDERS' FUNDS 471,213 475,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

Yuza Holdings Limited (Registered number: 08119466)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by:





T Cohen - Director


Yuza Holdings Limited (Registered number: 08119466)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Yuza Holdings Limited 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2022
and 30 June 2023 204
NET BOOK VALUE
At 30 June 2023 204
At 30 June 2022 204

Yuza Holdings Limited (Registered number: 08119466)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
VAT 278 943

Amounts falling due after more than one year:
Amounts owed by group undertakings 732,049 731,175

Aggregate amounts 732,327 732,118

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Convertible loan notes 46,026 46,026
Trade creditors 5,897 6,002
Tax 15,669 15,675
Other creditors 79,700 79,700
Accrued expenses 1,590 1,443
148,882 148,846

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 121,871 110,545

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included within 'Other Creditors' are amounts owed to the following companies, of which M Alessi is a director:

2023 2022
£ £
MIC Ventures Ltd 79,700 79,700

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.