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Company Registration No. 05738104 (England and Wales)
OZA CHEMIST LTD Unaudited accounts for the year ended 30 April 2024
OZA CHEMIST LTD Unaudited accounts Contents
Page
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OZA CHEMIST LTD Company Information for the year ended 30 April 2024
Directors
Mina Samir Khalil Antoun Marina Tracey Abdelmasih Lambros Petro Powelo Kosti Lambros
Company Number
05738104 (England and Wales)
Registered Office
9 FULHAM BROADWAY LONDON SW6 1AA ENGLAND
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
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OZA CHEMIST LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
62,000 
85,500 
Tangible assets
12,475 
15,288 
74,475 
100,788 
Current assets
Inventories
72,140 
69,465 
Debtors
162,614 
132,259 
Cash at bank and in hand
137,147 
127,177 
371,901 
328,901 
Creditors: amounts falling due within one year
(230,867)
(201,678)
Net current assets
141,034 
127,223 
Total assets less current liabilities
215,509 
228,011 
Provisions for liabilities
Deferred tax
(2,110)
(3,822)
Net assets
213,399 
224,189 
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
20,000 
20,000 
Profit and loss account
192,399 
203,189 
Shareholders' funds
213,399 
224,189 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Mina Samir Khalil Antoun Director Company Registration No. 05738104
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OZA CHEMIST LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
OZA CHEMIST LTD is a private company, limited by shares, registered in England and Wales, registration number 05738104. The registered office is 9 FULHAM BROADWAY, LONDON, SW6 1AA, 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 year, 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:
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
470,000 
At 30 April 2024
470,000 
Amortisation
At 1 May 2023
384,500 
Charge for the year
23,500 
At 30 April 2024
408,000 
Net book value
At 30 April 2024
62,000 
At 30 April 2023
85,500 
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OZA CHEMIST LTD Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
103,069 
At 30 April 2024
103,069 
Depreciation
At 1 May 2023
87,781 
Charge for the year
2,813 
At 30 April 2024
90,594 
Net book value
At 30 April 2024
12,475 
At 30 April 2023
15,288 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
19,775 
16,068 
Trade debtors
78,459 
56,170 
Amounts due from group undertakings etc.
53,280 
51,074 
Accrued income and prepayments
11,100 
8,947 
162,614 
132,259 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
129,824 
115,497 
Taxes and social security
46,701 
37,094 
Other creditors
9,536 
8,158 
Loans from directors
40,867 
40,560 
Accruals
3,939 
369 
230,867 
201,678 
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 April 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
48,000 
48,000 
Later than one year and not later than five years
192,000 
192,000 
Later than five years
728,000 
776,000 
968,000 
1,016,000 
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OZA CHEMIST LTD Notes to the Accounts for the year ended 30 April 2024
9
Guarantees provided on behalf of directors
Persons entitled : Wesleyan Bank Limited Brief description : Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge.
10
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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