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REGISTERED NUMBER: 03914812 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

N & Z Enterprises Limited

N & Z Enterprises Limited (Registered number: 03914812)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N & Z Enterprises Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S J Manzoor
M Manzoor





REGISTERED OFFICE: 31A The Wicker
Sheffield
South Yorkshire
S3 8HS





REGISTERED NUMBER: 03914812 (England and Wales)





ACCOUNTANTS: A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS

N & Z Enterprises Limited (Registered number: 03914812)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 795 795
Investment property 5 320,000 320,000
320,795 320,795

CURRENT ASSETS
Debtors 6 212,467 212,467
Cash at bank 788 232
213,255 212,699
CREDITORS
Amounts falling due within one year 7 811,152 812,159
NET CURRENT LIABILITIES (597,897 ) (599,460 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(277,102

)

(278,665

)

CAPITAL AND RESERVES
Called up share capital 750 750
Retained earnings (277,852 ) (279,415 )
SHAREHOLDERS' FUNDS (277,102 ) (278,665 )

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

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

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 6 August 2024 and were signed on its behalf by:





M Manzoor - Director


N & Z Enterprises Limited (Registered number: 03914812)

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

1. STATUTORY INFORMATION

N & Z Enterprises 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 795
NET BOOK VALUE
At 31 March 2023 795
At 31 March 2022 795

N & Z Enterprises Limited (Registered number: 03914812)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 320,000
NET BOOK VALUE
At 31 March 2023 320,000
At 31 March 2022 320,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 212,467 212,467

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 528 528
Other creditors 810,624 811,631
811,152 812,159

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
M Manzoor and S J Manzoor
Balance outstanding at start of year 408,828 408,828
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 408,828 408,828

9. ULTIMATE CONTROLLING PARTY

The controlling party is S J Manzoor.