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Company Registration No. 11695739 (England and Wales)
MK BAZAAR LTD Unaudited accounts for the period from 1 December 2022 to 29 February 2024
MK BAZAAR LTD Unaudited accounts Contents
Page
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MK BAZAAR LTD Company Information for the period from 1 December 2022 to 29 February 2024
Director
MR ERCAN OZKAYA
Company Number
11695739 (England and Wales)
Registered Office
82 CRANBORNE AVENUE SURBITON KT6 7JT ENGLAND
Accountants
WE ACCOUNTANCY SERVICES LIMITED 18 Navestock Crescent WOODFORD GREEN Essex IG8 7AX
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MK BAZAAR LTD Statement of financial position as at 29 February 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,879 
47,413 
Current assets
Inventories
8,870 
39,050 
Cash at bank and in hand
41,682 
29,905 
50,552 
68,955 
Creditors: amounts falling due within one year
(3,104)
(18,451)
Net current assets
47,448 
50,504 
Total assets less current liabilities
86,327 
97,917 
Creditors: amounts falling due after more than one year
(33,101)
(56,787)
Net assets
53,226 
41,130 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
53,126 
41,030 
Shareholders' funds
53,226 
41,130 
For the period ending 29 February 2024 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 30 November 2024 and were signed on its behalf by
MR ERCAN OZKAYA Director Company Registration No. 11695739
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MK BAZAAR LTD Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
1
Statutory information
MK BAZAAR LTD is a private company, limited by shares, registered in England and Wales, registration number 11695739. The registered office is 82 CRANBORNE AVENUE, SURBITON, KT6 7JT, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
59,880 
4,549 
64,429 
At 29 February 2024
59,880 
4,549 
64,429 
Depreciation
At 1 December 2022
16,117 
899 
17,016 
Charge for the period
7,877 
657 
8,534 
At 29 February 2024
23,994 
1,556 
25,550 
Net book value
At 29 February 2024
35,886 
2,993 
38,879 
At 30 November 2022
43,763 
3,650 
47,413 
5
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
3,123 
7,454 
VAT
(19)
(379)
Obligations under finance leases and hire purchase contracts
- 
10,451 
Other creditors
- 
925 
3,104 
18,451 
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MK BAZAAR LTD Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
10,153 
16,986 
Obligations under finance leases and hire purchase contracts
- 
15,861 
Other creditors
1,370 
5,402 
Taxes and social security
21,578 
18,538 
33,101 
56,787 
7
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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