Company Registration No. 13418015 (England and Wales)
LAZIZ INTERNATIONAL LTD
Unaudited accounts
for the year ended 31 May 2024
LAZIZ INTERNATIONAL LTD
Unaudited accounts
Contents
LAZIZ INTERNATIONAL LTD
Company Information
for the year ended 31 May 2024
Director
Nesar Ahmed AHMADY
Company Number
13418015 (England and Wales)
Registered Office
UNIT 12 ROPERY BUSINESS PARK
ANCHOR & HOPE LANE
LONDON
SE7 7RX
ENGLAND
Accountants
Nextin Accountants
38P
Alum Rock Road
Birmingham
West Midlands
B8 1JA
LAZIZ INTERNATIONAL LTD
Statement of financial position
as at 31 May 2024
Tangible assets
15,830
4,639
Cash at bank and in hand
21,360
34,861
Creditors: amounts falling due within one year
(89,773)
(64,493)
Net current (liabilities)/assets
(22,635)
1,434
Net (liabilities)/assets
(6,805)
6,073
Called up share capital
1
1
Profit and loss account
(6,806)
6,072
Shareholders' funds
(6,805)
6,073
For the year ending 31 May 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 21 November 2024 and were signed on its behalf by
Nesar Ahmed AHMADY
Director
Company Registration No. 13418015
LAZIZ INTERNATIONAL LTD
Notes to the Accounts
for the year ended 31 May 2024
LAZIZ INTERNATIONAL LTD is a private company, limited by shares, registered in England and Wales, registration number 13418015. The registered office is UNIT 12 ROPERY BUSINESS PARK, ANCHOR & HOPE LANE, LONDON, SE7 7RX, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
8,908
-
8,908
Additions
11,940
4,243
16,183
At 31 May 2024
20,848
4,243
25,091
At 1 June 2023
4,269
-
4,269
Charge for the year
4,144
848
4,992
At 31 May 2024
8,413
848
9,261
At 31 May 2024
12,435
3,395
15,830
At 31 May 2023
4,639
-
4,639
LAZIZ INTERNATIONAL LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
60,720
35,104
Taxes and social security
-
336
Loans from directors
29,053
29,053
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).