1 January 2023 false No description of principal activity Taxfiler 2024.5 13796509business:PrivateLimitedCompanyLtd2023-01-012023-12-31 137965092022-12-31 137965092023-01-012023-12-31 13796509business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13796509business:FilletedAccounts2023-01-012023-12-31 137965092023-12-31 13796509business:Director12023-01-012023-12-31 13796509business:RegisteredOffice2023-01-012023-12-31 137965092022-12-31 13796509core:WithinOneYear2023-12-31 13796509core:WithinOneYear2022-12-31 13796509core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13796509core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13796509core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13796509core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13796509core:PreviouslyStatedAmount2023-12-31 13796509core:PreviouslyStatedAmount2022-12-31 13796509business:SmallEntities2023-01-012023-12-31 13796509countries:EnglandWales2023-01-012023-12-31 13796509core:ComputerEquipment2023-01-012023-12-31 13796509core:ComputerEquipment2022-12-31 13796509core:ComputerEquipment2023-12-31 137965092022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13796509 (England and Wales)
MZS ELECTRONICS LTD Unaudited accounts for the year ended 31 December 2023
MZS ELECTRONICS LTD Unaudited accounts Contents
Page
- 2 -
MZS ELECTRONICS LTD Company Information for the year ended 31 December 2023
Director
Mohammed Zahid SHERAZ
Company Number
13796509 (England and Wales)
Registered Office
9 PARSONAGE ROAD BRADFORD BD5 8BN ENGLAND
- 3 -
MZS ELECTRONICS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,025 
1,250 
Current assets
Inventories
3,825 
2,408 
Cash at bank and in hand
1,152 
13 
4,977 
2,421 
Creditors: amounts falling due within one year
(4,019)
(2,372)
Net current assets
958 
49 
Net assets
1,983 
1,299 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,883 
1,199 
Shareholders' funds
1,983 
1,299 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2024 and were signed on its behalf by
Mohammed Zahid SHERAZ Director Company Registration No. 13796509
- 4 -
MZS ELECTRONICS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MZS ELECTRONICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13796509. The registered office is 9 PARSONAGE ROAD, BRADFORD, BD5 8BN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
18%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,525 
At 31 December 2023
1,525 
Depreciation
At 1 January 2023
275 
Charge for the year
225 
At 31 December 2023
500 
Net book value
At 31 December 2023
1,025 
At 31 December 2022
1,250 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
201 
- 
Loans from directors
3,388 
1,878 
Accruals
430 
494 
4,019 
2,372 
- 5 -
MZS ELECTRONICS LTD Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -