IRIS Accounts Production v24.3.0.553 13754218 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137542182022-11-30137542182023-11-30137542182022-12-012023-11-30137542182021-11-18137542182021-11-192022-11-30137542182022-11-3013754218ns15:EnglandWales2022-12-012023-11-3013754218ns14:PoundSterling2022-12-012023-11-3013754218ns10:Director12022-12-012023-11-3013754218ns10:CompanyLimitedByGuarantee2022-12-012023-11-3013754218ns10:SmallEntities2022-12-012023-11-3013754218ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3013754218ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3013754218ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3013754218ns10:FullAccounts2022-12-012023-11-3013754218ns10:Director32022-12-012023-11-3013754218ns10:Director42022-12-012023-11-3013754218ns10:Director52022-12-012023-11-3013754218ns10:CompanySecretary12022-12-012023-11-3013754218ns10:RegisteredOffice2022-12-012023-11-3013754218ns5:CurrentFinancialInstruments2023-11-3013754218ns5:CurrentFinancialInstruments2022-11-3013754218ns5:RetainedEarningsAccumulatedLosses2023-11-3013754218ns5:RetainedEarningsAccumulatedLosses2022-11-3013754218ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3013754218ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 13754218 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 November 2023

for

British Chamber of Commerce Azerbaijan
Ltd

British Chamber of Commerce Azerbaijan
Ltd (Registered number: 13754218)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


British Chamber of Commerce Azerbaijan
Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: H Lyn
A J L Patterson
E Aliyev
Y Salayev





SECRETARY: Y Salayev





REGISTERED OFFICE: Francis Court
Maris Lane
Trumpington
Cambridge
CB2 9LG





REGISTERED NUMBER: 13754218 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

British Chamber of Commerce Azerbaijan
Ltd (Registered number: 13754218)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 4 16,975 915
Cash at bank 5,475 20,125
22,450 21,040
CREDITORS
Amounts falling due within one year 5 36,034 17,691
NET CURRENT (LIABILITIES)/ASSETS (13,584 ) 3,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,584

)

3,349

RESERVES
Income and expenditure account (13,584 ) 3,349
(13,584 ) 3,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 surplus or deficit 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 27 September 2024 and were signed on its behalf by:





E Aliyev - Director


British Chamber of Commerce Azerbaijan
Ltd (Registered number: 13754218)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

British Chamber of Commerce Azerbaijan Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The financial statements have been prepared on a going concern basis. The Director considers this basis to be appropriate despite the fact that the balance sheet shows net current liabilities at 30 November 2023.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

British Chamber of Commerce Azerbaijan
Ltd (Registered number: 13754218)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 3,551 709
Prepayments and accrued income 13,424 206
16,975 915

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 4,890 -
Other creditors 19,082 12,690
Directors' loan accounts 3,801 3,801
Accruals and deferred income 8,261 1,200
36,034 17,691

6. ULTIMATE CONTROLLING PARTY

The company is controlled by the members, with no one member having overall control.

7. OVERSEAS BRANCHES

The company has an overseas branch based in Azerbaijan.