2023-04-012024-03-312024-03-31false10679327FAZ SPICE LTD2024-10-0856101iso4217:GBPxbrli:pure106793272023-04-01106793272024-03-31106793272023-04-012024-03-31106793272022-04-01106793272023-03-31106793272022-04-012023-03-3110679327bus:SmallEntities2023-04-012024-03-3110679327bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110679327bus:AbridgedAccounts2023-04-012024-03-3110679327bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110679327core:WithinOneYear2024-03-3110679327core:AfterOneYear2024-03-3110679327core:WithinOneYear2023-03-3110679327core:AfterOneYear2023-03-3110679327core:ShareCapital2024-03-3110679327core:SharePremium2024-03-3110679327core:RevaluationReserve2024-03-3110679327core:OtherReservesSubtotal2024-03-3110679327core:RetainedEarningsAccumulatedLosses2024-03-3110679327core:ShareCapital2023-03-3110679327core:SharePremium2023-03-3110679327core:RevaluationReserve2023-03-3110679327core:OtherReservesSubtotal2023-03-3110679327core:RetainedEarningsAccumulatedLosses2023-03-3110679327core:LandBuildings2024-03-3110679327core:PlantMachinery2024-03-3110679327core:Vehicles2024-03-3110679327core:FurnitureFittings2024-03-3110679327core:OfficeEquipment2024-03-3110679327core:NetGoodwill2024-03-3110679327core:IntangibleAssetsOtherThanGoodwill2024-03-3110679327core:ListedExchangeTraded2024-03-3110679327core:UnlistedNon-exchangeTraded2024-03-3110679327core:LandBuildings2023-03-3110679327core:PlantMachinery2023-03-3110679327core:Vehicles2023-03-3110679327core:FurnitureFittings2023-03-3110679327core:OfficeEquipment2023-03-3110679327core:NetGoodwill2023-03-3110679327core:IntangibleAssetsOtherThanGoodwill2023-03-3110679327core:ListedExchangeTraded2023-03-3110679327core:UnlistedNon-exchangeTraded2023-03-3110679327core:LandBuildings2023-04-012024-03-3110679327core:PlantMachinery2023-04-012024-03-3110679327core:Vehicles2023-04-012024-03-3110679327core:FurnitureFittings2023-04-012024-03-3110679327core:OfficeEquipment2023-04-012024-03-3110679327core:NetGoodwill2023-04-012024-03-3110679327core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110679327core:ListedExchangeTraded2023-04-012024-03-3110679327core:UnlistedNon-exchangeTraded2023-04-012024-03-3110679327core:MoreThanFiveYears2023-04-012024-03-3110679327core:Non-currentFinancialInstruments2024-03-3110679327core:Non-currentFinancialInstruments2023-03-3110679327dpl:CostSales2023-04-012024-03-3110679327dpl:DistributionCosts2023-04-012024-03-3110679327core:LandBuildings2023-04-012024-03-3110679327core:PlantMachinery2023-04-012024-03-3110679327core:Vehicles2023-04-012024-03-3110679327core:FurnitureFittings2023-04-012024-03-3110679327core:OfficeEquipment2023-04-012024-03-3110679327dpl:AdministrativeExpenses2023-04-012024-03-3110679327core:NetGoodwill2023-04-012024-03-3110679327core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110679327dpl:GroupUndertakings2023-04-012024-03-3110679327dpl:ParticipatingInterests2023-04-012024-03-3110679327dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110679327core:ListedExchangeTraded2023-04-012024-03-3110679327dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110679327core:UnlistedNon-exchangeTraded2023-04-012024-03-3110679327dpl:CostSales2022-04-012023-03-3110679327dpl:DistributionCosts2022-04-012023-03-3110679327core:LandBuildings2022-04-012023-03-3110679327core:PlantMachinery2022-04-012023-03-3110679327core:Vehicles2022-04-012023-03-3110679327core:FurnitureFittings2022-04-012023-03-3110679327core:OfficeEquipment2022-04-012023-03-3110679327dpl:AdministrativeExpenses2022-04-012023-03-3110679327core:NetGoodwill2022-04-012023-03-3110679327core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110679327dpl:GroupUndertakings2022-04-012023-03-3110679327dpl:ParticipatingInterests2022-04-012023-03-3110679327dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110679327core:ListedExchangeTraded2022-04-012023-03-3110679327dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110679327core:UnlistedNon-exchangeTraded2022-04-012023-03-3110679327core:NetGoodwill2024-03-3110679327core:IntangibleAssetsOtherThanGoodwill2024-03-3110679327core:LandBuildings2024-03-3110679327core:PlantMachinery2024-03-3110679327core:Vehicles2024-03-3110679327core:FurnitureFittings2024-03-3110679327core:OfficeEquipment2024-03-3110679327core:AfterOneYear2024-03-3110679327core:WithinOneYear2024-03-3110679327core:ListedExchangeTraded2024-03-3110679327core:UnlistedNon-exchangeTraded2024-03-3110679327core:ShareCapital2024-03-3110679327core:SharePremium2024-03-3110679327core:RevaluationReserve2024-03-3110679327core:OtherReservesSubtotal2024-03-3110679327core:RetainedEarningsAccumulatedLosses2024-03-3110679327core:NetGoodwill2023-03-3110679327core:IntangibleAssetsOtherThanGoodwill2023-03-3110679327core:LandBuildings2023-03-3110679327core:PlantMachinery2023-03-3110679327core:Vehicles2023-03-3110679327core:FurnitureFittings2023-03-3110679327core:OfficeEquipment2023-03-3110679327core:AfterOneYear2023-03-3110679327core:WithinOneYear2023-03-3110679327core:Liste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FAZ SPICE LTD

Registered Number
10679327
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

FAZ SPICE LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Hasina Momotaj

Registered Address

47 Anchor Road
Walsall
WS9 8PT

Place of Business


Registered Number

10679327 (England and Wales)
FAZ SPICE LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks4571,499
Debtors35,2311,114
Cash at bank and on hand36,25249,276
41,94051,889
Creditors amounts falling due within one year4(26,158)(29,351)
Net current assets (liabilities)15,78222,538
Total assets less current liabilities15,78222,538
Creditors amounts falling due after one year5(15,678)(22,366)
Net assets104172
Capital and reserves
Called up share capital100100
Profit and loss account472
Shareholders' funds104172
The financial statements were approved and authorised for issue by the Director on 8 October 2024, and are signed on its behalf by:
Hasina Momotaj
Director
Registered Company No. 10679327
FAZ SPICE LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year33
3.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables4,262635
Other debtors969479
Total5,2311,114
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables7,01114,215
Bank borrowings and overdrafts1,139-
Taxation and social security16,66214,120
Other creditors1,3461,016
Total26,15829,351
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts15,67822,366
Total15,67822,366