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REGISTERED NUMBER: 10939936 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KAZ INVESTMENTS LTD

KAZ INVESTMENTS LTD (REGISTERED NUMBER: 10939936)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


KAZ INVESTMENTS LTD (REGISTERED NUMBER: 10939936)

BALANCE SHEET
31 MARCH 2024

2024 2023
as restated
Notes £    £   
CURRENT ASSETS
Stocks 3,273,997 3,233,543
Debtors 4 141,672 133,109
Cash at bank 150,170 119,281
3,565,839 3,485,933
CREDITORS
Amounts falling due within one year 5 1,208,815 1,113,222
NET CURRENT ASSETS 2,357,024 2,372,711
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,357,024

2,372,711

CREDITORS
Amounts falling due after more than one
year

6

2,100,000

2,100,000
NET ASSETS 257,024 272,711

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 256,024 271,711
SHAREHOLDERS' FUNDS 257,024 272,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 25 November 2024 and were signed on its behalf by:





K Bhimji - Director


KAZ INVESTMENTS LTD (REGISTERED NUMBER: 10939936)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Kaz Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10939936

Registered office: 87 South Lambeth Road
Vauxhall
London
SW8 1RN

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Going concern
The company is financed by loans from the directors. Whilst this balance is due on demand, the directors have indicated that this balance will only be drawn to the extent that the company's cash flows can support repayment. The forecast cash flow of the company support that liabilities can be met as they fall due.

It is on this basis that the directors have concluded that the company is a going concern. As a result, these financial statements are prepared on a going concern basis.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Turnover
Turnover represents amounts receivable by the company in respect of rent receivable during the period. Turnover is exempt from Value Added Tax.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

KAZ INVESTMENTS LTD (REGISTERED NUMBER: 10939936)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 3,000 430
Other debtors 138,672 132,679
141,672 133,109

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 2,428 -
Amounts owed to group undertakings 106,166 7,000
Other creditors 1,100,221 1,106,222
1,208,815 1,113,222

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed to group undertakings 2,100,000 2,100,000

The amount due to a group company is secured by way of a fixed charge over the investment property owned by the company.