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REGISTERED NUMBER: 12828557 (England and Wales)















Financial Statements for the Year Ended 31 August 2023

for

OZKSM Limited

OZKSM Limited (Registered number: 12828557)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OZKSM Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: N Ozkasim





REGISTERED OFFICE: Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY





REGISTERED NUMBER: 12828557 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

OZKSM Limited (Registered number: 12828557)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,695 3,058

CURRENT ASSETS
Debtors 5 13,019 7,282
Cash at bank - 11,837
13,019 19,119
CREDITORS
Amounts falling due within one year 6 37,357 23,283
NET CURRENT LIABILITIES (24,338 ) (4,164 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,643

)

(1,106

)

PROVISIONS FOR LIABILITIES - 739
NET LIABILITIES (22,643 ) (1,845 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (22,743 ) (1,945 )
(22,643 ) (1,845 )

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

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

OZKSM Limited (Registered number: 12828557)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2024 and were signed by:





N Ozkasim - Director


OZKSM Limited (Registered number: 12828557)

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

1. STATUTORY INFORMATION

OZKSM 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.

The company is considered to be a going concern due to the continued support of the director and shareholder.

Turnover
Turnover is represented by net accrued fees and commissions in relation to management and recruitment services provided in the course of business. Income is accrued evenly in line with contract start and end dates of the services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Financial instruments
Basic financial instruments are recognised at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

OZKSM Limited (Registered number: 12828557)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2022 6,168
Additions 2,439
Disposals (3,529 )
At 31 August 2023 5,078
DEPRECIATION
At 1 September 2022 3,110
Charge for year 1,692
Eliminated on disposal (1,419 )
At 31 August 2023 3,383
NET BOOK VALUE
At 31 August 2023 1,695
At 31 August 2022 3,058

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 5,312 7,282
Other debtors 7,707 -
13,019 7,282

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 1,531 13,648
Taxation and social security - 2,597
Other creditors 35,826 7,038
37,357 23,283