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REGISTERED NUMBER: 09275253 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Ginzauk Ltd

Ginzauk Ltd (Registered number: 09275253)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ginzauk Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: G Chen





REGISTERED OFFICE: 156 Wellingborough Road
Northampton
NN1 4DU





REGISTERED NUMBER: 09275253 (England and Wales)





ACCOUNTANTS: Fong Baldwin & Co
Chartered Certified Accountants
PO Box 2664
London
W1A 3SD

Ginzauk Ltd (Registered number: 09275253)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,763 25,621

CURRENT ASSETS
Stocks 17,500 13,000
Debtors 5 40,646 41,254
Investments 6 150,000 150,000
Cash at bank and in hand 140,889 177,644
349,035 381,898
CREDITORS
Amounts falling due within one year 7 36,145 54,556
NET CURRENT ASSETS 312,890 327,342
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,653

352,963

CAPITAL AND RESERVES
Called up share capital 215 215
Retained earnings 334,438 352,748
SHAREHOLDERS' FUNDS 334,653 352,963

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 29 July 2024 and were signed by:





G Chen - Director


Ginzauk Ltd (Registered number: 09275253)

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

1. STATUTORY INFORMATION

Ginzauk 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 - 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 15 (2022 - 11 ) .

Ginzauk Ltd (Registered number: 09275253)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 74,551
Additions 1,582
At 31 October 2023 76,133
DEPRECIATION
At 1 November 2022 48,930
Charge for year 5,440
At 31 October 2023 54,370
NET BOOK VALUE
At 31 October 2023 21,763
At 31 October 2022 25,621

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 5,480 4,152
Other debtors 35,166 37,102
40,646 41,254

6. CURRENT ASSET INVESTMENTS
31.10.23 31.10.22
£    £   
Unlisted investments 150,000 150,000

Unlisted investment was £150,000 advanced to Sis Properties Service Ltd where Ginzauk Ltd is also a shareholder of.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 5,291 2,405
Taxation and social security 27,187 43,615
Other creditors 3,667 8,536
36,145 54,556