2023-02-01 2024-01-31 false Capium Accounts Production 1.1 07144830 bus:FullAccounts 2023-02-01 2024-01-31 07144830 bus:FRS102 2023-02-01 2024-01-31 07144830 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07144830 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07144830 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07144830 2023-02-01 2024-01-31 07144830 2024-01-31 07144830 bus:RegisteredOffice 2023-02-01 2024-01-31 07144830 core:WithinOneYear 2024-01-31 07144830 core:AfterOneYear 2024-01-31 07144830 bus:Director1 2023-02-01 2024-01-31 07144830 bus:Director1 2024-01-31 07144830 bus:Director1 2022-02-01 2023-01-31 07144830 bus:Director2 2023-02-01 2024-01-31 07144830 bus:Director2 2024-01-31 07144830 bus:Director2 2022-02-01 2023-01-31 07144830 2022-02-01 07144830 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 07144830 2022-02-01 2023-01-31 07144830 2023-01-31 07144830 core:WithinOneYear 2023-01-31 07144830 core:AfterOneYear 2023-01-31 07144830 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 07144830 core:LandBuildings 2023-02-01 2024-01-31 07144830 core:LandBuildings 2024-01-31 07144830 core:LandBuildings 2023-01-31 07144830 core:PlantMachinery 2023-02-01 2024-01-31 07144830 core:PlantMachinery 2024-01-31 07144830 core:PlantMachinery 2023-01-31 07144830 core:MotorCars 2023-02-01 2024-01-31 07144830 core:MotorCars 2024-01-31 07144830 core:MotorCars 2023-01-31 07144830 core:FurnitureFittings 2023-02-01 2024-01-31 07144830 core:FurnitureFittings 2024-01-31 07144830 core:FurnitureFittings 2023-01-31 07144830 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 07144830 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 07144830 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 07144830 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 07144830 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 07144830 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 07144830 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 07144830 core:Non-currentFinancialInstruments 2024-01-31 07144830 core:Non-currentFinancialInstruments 2023-01-31 07144830 core:ShareCapital 2024-01-31 07144830 core:ShareCapital 2023-01-31 07144830 core:RetainedEarningsAccumulatedLosses 2024-01-31 07144830 core:RetainedEarningsAccumulatedLosses 2023-01-31 07144830 dpl:Item1 2023-02-01 07144830 dpl:Item1 2024-01-31 07144830 dpl:Item1 2022-02-01 07144830 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07144830


 

 

 

MAS BAZAR BIRMINGHAM LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 134,591    48,834 
Investments 4 70,000    50,000 
204,591    98,834 
Current assets      
Stocks 5 365,470    375,470 
Debtors 6 69,242    43,422 
Cash at bank and in hand 55,274    61,368 
489,986    480,260 
Creditors: amount falling due within one year 7 (257,802)   (159,935)
Net current assets 232,184    320,325 
 
Total assets less current liabilities 436,775    419,159 
Creditors: amount falling due after more than one year 8 (81,162)   (63,662)
Net assets 355,613    355,497 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 355,513    355,397 
Shareholders' funds 355,613    355,497 
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 24 October 2024 and were signed on its behalf by:


-------------------------------
KALAM Abul
Director
1
General Information
MAS BAZAR BIRMINGHAM LTD is a private company, limited by shares, registered in , registration number 07144830, registration address 67-69 Lozells Road, Birmingham, B19 2TS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognized in the statement of income, except to the extent that it relates to items recognized in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0% Reducing Balance
Plant and Machinery 15% Reducing Balance
Motor Vehicles 15% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 12 (2023 : 12).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Total
  £   £   £   £   £
At 01 February 2023 28,500    188,781    12,720    63,381    293,382 
Additions     25,750    78,729    104,479 
Disposals        
At 31 January 2024 28,500    188,781    38,470    142,110    397,861 
Depreciation
At 01 February 2023   181,669    12,720    50,159    244,548 
Charge for year   1,067    3,863    13,792    18,722 
On disposals        
At 31 January 2024   182,736    16,583    63,951    263,270 
Net book values
Closing balance as at 31 January 2024 28,500    6,045    21,887    78,159    134,591 
Opening balance as at 01 February 2023 28,500    7,112      13,222    48,834 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 February 2023 50,000    50,000 
Additions 20,000    20,000 
Transfer to/from tangible fixed assets  
Disposals  
At 31 January 2024 70,000    70,000 

5.

Stocks

2024
£
  2023
£
Stocks 365,470    375,470 
365,470    375,470 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Other Debtors   16,500 
Loan to Mas bazar small heath ltd 20,000   
VAT 26,455    26,922 
46,455    43,422 

6.

Debtors: amounts falling due after one year

2024
£
  2023
£
Other Debtors 22,787   
22,787   

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 211,118    130,325 
Corporation Tax 16,424    27,517 
PAYE & Social Security 2,727    2,093 
Other Creditors 27,533   
257,802    159,935 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 23,662    33,662 
Directors' Loan Accounts 57,500    30,000 
81,162    63,662 

2