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COMPANY REGISTRATION NUMBER: 09149525
BUZZ COMMS LTD
Filleted Unaudited Financial Statements
31 December 2023
BUZZ COMMS LTD
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Current assets
Debtors
5
7,520
8,694
Creditors: amounts falling due within one year
6
600
-------
-------
Net current assets
7,520
8,094
-------
-------
Total assets less current liabilities
7,520
8,094
-------
-------
Net assets
7,520
8,094
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
7,420
7,994
-------
-------
Shareholders funds
7,520
8,094
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 7 September 2024 , and are signed on behalf of the board by:
Kanwaljeet Dhoman
Director
Company registration number: 09149525
BUZZ COMMS LTD
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 13 Haddington Close, Bletchley, Milton Keynes, MK3 7TD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Debtors
2023
2022
£
£
Other debtors
7,520
8,694
-------
-------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
600
----
----
7. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Kanwaljeet Dhoman
8,692
( 1,173)
7,519
-------
-------
-------
2022
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Kanwaljeet Dhoman
9,929
( 1,237)
8,692
-------
-------
-------
8. Related party transactions
The company was under the control of Kanwaljeet Dhoman throughout the current and previous year. Kanwaljeet Dhoman is the managing director. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.