Company Registration No. 10836839 (England and Wales)
Az Luxe Ltd
Unaudited accounts
for the period from 1 January 2023 to 29 December 2023
Az Luxe Ltd
Unaudited accounts
Contents
Az Luxe Ltd
Company Information
for the period from 1 January 2023 to 29 December 2023
Director
Abbass Mirkhalaf Zadeh
Company Number
10836839 (England and Wales)
Registered Office
The Back Office
6a Regents Plaza Apartments Greville Roa
London
NW6 5HU
United Kingdom
Accountants
GK Accountant Ltd
The Generator Business Centre
Unit 24, 95 Miles Road
Mitcham
CR4 3FH
Az Luxe Ltd
Statement of financial position
as at 29 December 2023
Tangible assets
593,480
509,266
Cash at bank and in hand
32,921
8,826
Creditors: amounts falling due within one year
(164,591)
(118,334)
Net current liabilities
(75,896)
(60,292)
Total assets less current liabilities
517,584
448,974
Creditors: amounts falling due after more than one year
(705,377)
(702,346)
Net liabilities
(187,793)
(253,372)
Called up share capital
255,550
255,550
Capital redemption reserve
116,030
116,030
Profit and loss account
(559,373)
(624,952)
Shareholders' funds
(187,793)
(253,372)
For the period ending 29 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 1 November 2024 and were signed on its behalf by
Abbass Mirkhalaf Zadeh
Director
Company Registration No. 10836839
Az Luxe Ltd
Notes to the Accounts
for the period from 1 January 2023 to 29 December 2023
Az Luxe Ltd is a private company, limited by shares, registered in England and Wales, registration number 10836839. The registered office is The Back Office, 6a Regents Plaza Apartments Greville Roa, London, NW6 5HU, United Kingdom.
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.
These financial statements for the period from 1 January 2023 to 29 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
-
822,279
5,291
827,570
Additions
1,269
80,633
2,312
84,214
At 29 December 2023
1,269
902,912
7,603
911,784
At 1 January 2023
-
314,969
3,335
318,304
At 29 December 2023
-
314,969
3,335
318,304
At 29 December 2023
1,269
587,943
4,268
593,480
At 29 December 2022
-
507,310
1,956
509,266
Az Luxe Ltd
Notes to the Accounts
for the period from 1 January 2023 to 29 December 2023
Amounts falling due within one year
Accrued income and prepayments
28,034
-
Other debtors
27,740
28,097
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,465
-
Loans from directors
-
2,024
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
669,308
654,679
8
Average number of employees
During the period the average number of employees was 5 (2022: 5).