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REGISTERED NUMBER: 13058769 (England and Wales)
















Azure Group Holdings Limited

Unaudited Financial Statements

for the Year Ended 31st March 2024






Azure Group Holdings Limited (Registered number: 13058769)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Azure Group Holdings Limited

Company Information
for the Year Ended 31st March 2024







Directors: Mr. A S Aslam
Mrs. Z G Aslam





Registered office: 4a Moda Centre
Stirling Way
Boreham Wood
Hertfordshire
WD6 2BW





Registered number: 13058769 (England and Wales)





Accountants: AN Accountancy
Accountants
4th Floor
100 Fenchurch Street
London
United Kingdom
EC3M 5JD

Azure Group Holdings Limited (Registered number: 13058769)

Statement of Financial Position
31st March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 2 2

Current assets
Debtors 5 6,200 295,000
Cash at bank 498,673 329,536
504,873 624,536
Creditors
Amounts falling due within one year 6 60,024 110,123
Net current assets 444,849 514,413
Total assets less current liabilities 444,851 514,415

Capital and reserves
Called up share capital 184 184
Retained earnings 444,667 514,231
444,851 514,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 Board of Directors and authorised for issue on 5th August 2024 and were signed on its behalf by:





Mrs. Z G Aslam - Director


Azure Group Holdings Limited (Registered number: 13058769)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. Statutory information

Azure Group 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2023 - NIL).

Azure Group Holdings Limited (Registered number: 13058769)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1st April 2023
and 31st March 2024 2
Net book value
At 31st March 2024 2
At 31st March 2023 2

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Future Shop Limited
Registered office: Unit 5, Moda Business Centre, Stirling Way, Borehamwood, Herts, WD6 2BW
Nature of business: Electrical retail
%
Class of shares: holding
Ordinary Shares 92.00
2024 2023
£    £   
Aggregate capital and reserves 76,713 113,112
Profit for the year 36,551 145,431

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 6,200 295,000

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 6,000 -
Taxation and social security 36,223 30,142
Other creditors 17,801 79,981
60,024 110,123