IRIS Accounts Production v24.3.2.46 03543460 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035434602023-04-30035434602024-04-30035434602023-05-012024-04-30035434602022-04-30035434602022-05-012023-04-30035434602023-04-3003543460ns14:PoundSterling2023-05-012024-04-3003543460ns10:Director12023-05-012024-04-3003543460ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003543460ns10:SmallEntities2023-05-012024-04-3003543460ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003543460ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003543460ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003543460ns10:FullAccounts2023-05-012024-04-3003543460ns10:CompanySecretary12023-05-012024-04-3003543460ns10:RegisteredOffice2023-05-012024-04-3003543460ns5:CurrentFinancialInstruments2024-04-3003543460ns5:CurrentFinancialInstruments2023-04-3003543460ns5:Non-currentFinancialInstruments2024-04-3003543460ns5:Non-currentFinancialInstruments2023-04-3003543460ns5:ShareCapital2024-04-3003543460ns5:ShareCapital2023-04-3003543460ns5:RetainedEarningsAccumulatedLosses2024-04-3003543460ns5:RetainedEarningsAccumulatedLosses2023-04-3003543460ns5:PlantMachinery2023-05-012024-04-3003543460ns5:FurnitureFittings2023-05-012024-04-3003543460ns5:MotorVehicles2023-05-012024-04-3003543460ns5:ComputerEquipment2023-05-012024-04-3003543460ns5:PlantMachinery2023-04-3003543460ns5:FurnitureFittings2023-04-3003543460ns5:MotorVehicles2023-04-3003543460ns5:ComputerEquipment2023-04-3003543460ns5:PlantMachinery2024-04-3003543460ns5:FurnitureFittings2024-04-3003543460ns5:MotorVehicles2024-04-3003543460ns5:ComputerEquipment2024-04-3003543460ns5:PlantMachinery2023-04-3003543460ns5:FurnitureFittings2023-04-3003543460ns5:MotorVehicles2023-04-3003543460ns5:ComputerEquipment2023-04-3003543460ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3003543460ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3003543460ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3003543460ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3003543460ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3003543460ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 03543460















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

AZTEC ENTERPRISES LIMITED

AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AZTEC ENTERPRISES LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: Mrs G K Shaw





SECRETARY: Mrs G K Shaw





REGISTERED OFFICE: 54 Sun Street
Waltham Abbey
Essex
EN9 1EJ





REGISTERED NUMBER: 03543460





ACCOUNTANTS: DLC Accountancy Ltd
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 34,871 46,494

CURRENT ASSETS
Stocks - 32,047
Debtors 5 822,156 674,157
Cash at bank 23,566 4,362
845,722 710,566
CREDITORS
Amounts falling due within one year 6 (570,583 ) (552,628 )
NET CURRENT ASSETS 275,139 157,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,010

204,432

CREDITORS
Amounts falling due after more than one
year

7

(13,248

)

(23,744

)
NET ASSETS 296,762 180,688

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 296,662 180,588
SHAREHOLDERS' FUNDS 296,762 180,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

BALANCE SHEET - continued
30 April 2024


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 director and authorised for issue on 22 January 2025 and were signed by:





Mrs G K Shaw - Director


AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Aztec Enterprises Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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

a) Construction contracts

The company applies construction contract accounting under Section 23 of the Financial Reporting Standard 102 using the stage of completion method referred to below in the Rendering of Services section where contracts are undertaken which satisfy the criteria to be deemed construction contracts.

The method used to determine the stage of completion by the company is the proportion that costs incurred for work performed to date bear to the estimated total costs.

b) Rendering of services

Turnover form the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Inventory
Inventory not classified as construction contracts is stated at the lower of cost and net realizable value, being estimated selling price less costs to complete and sell.

At each reporting date, inventory is assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling costs less costs to complete and sell. The impairment loss is recognised immediately in the profit and loss account for the year.

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.


AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 1,303 25,544 61,989 7,066 95,902
DEPRECIATION
At 1 May 2023 1,303 25,543 15,497 7,065 49,408
Charge for year - - 11,623 - 11,623
At 30 April 2024 1,303 25,543 27,120 7,065 61,031
NET BOOK VALUE
At 30 April 2024 - 1 34,869 1 34,871
At 30 April 2023 - 1 46,492 1 46,494

AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 61,989
DEPRECIATION
At 1 May 2023 15,497
Charge for year 11,623
At 30 April 2024 27,120
NET BOOK VALUE
At 30 April 2024 34,869
At 30 April 2023 46,492

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 603,940 319,193
Other debtors 218,216 354,964
822,156 674,157

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,750 6,750
Hire purchase contracts 3,747 3,747
Trade creditors 59,258 20,456
Taxation and social security 38,976 (452 )
Other creditors 461,852 522,127
570,583 552,628

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,313 14,063
Hire purchase contracts 5,935 9,681
13,248 23,744

AZTEC ENTERPRISES LIMITED (REGISTERED NUMBER: 03543460)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 9,682 13,428

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,700 were paid to the directors .

During the year, Mr T M S Shaw had a controlling share interest in the company

As at 30th April 2024 the company owed £84,439 (2023: £75,912, debtor) to Chalkdene Limited, a company in which Mr T M S Shaw holds a material share interest.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr T M S Shaw.