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Registered number: 02946730

Mazel Trading Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Mazel Trading Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
Nathan Tager
SECRETARY
Miri Tager
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02946730
BANKERS
Lloyds TSB
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Mazel Trading Limited

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Mazel Trading Limited

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets222,24420,533
CURRENT ASSETS
Stock142,169109,112
Debtors4195,275240,313
Cash at bank and in hand657,597710,022
995,0411,059,447
CREDITORS: Amounts falling due within one year5161,925317,364
NET CURRENT ASSETS833,116742,083
TOTAL ASSETS LESS CURRENT LIABILITIES855,360762,616
CREDITORS: Amounts falling due after more than one year619,16729,167
NET ASSETS836,193733,449
CAPITAL AND RESERVES
Called up share capital822
Profit and loss account836,191733,447
SHAREHOLDERS' FUNDS836,193733,449
For the year ending 30/06/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/02/2025 and signed on their behalf by
.............................
Nathan Tager
Director

Mazel Trading Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Mazel Trading Limited

2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/07/202356,92356,923
Additions9,1259,125
At 30/06/202466,04866,048
Depreciation
At 01/07/202336,39036,390
For the year7,4147,414
At 30/06/202443,80443,804
Net Book Amounts
At 30/06/202422,24422,244
At 30/06/202320,53320,533
3. STOCK 20242023
££
Stock comprises:
Stock142,169109,112
142,169109,112
4. DEBTORS 20242023
££
Amounts falling due within one year
PAYE control-38
Other debtors195,275240,275
195,275240,313
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax47,01046,996
PAYE control105-
Trade creditors74,804175,058
Other creditors37,48693,090
Accruals2,5202,220
161,925317,364

Mazel Trading Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr19,16729,167
19,16729,167
7. EMPLOYEES
20242023
No.No.
Average number of employees1211
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
9. CONTROLLING PARTY
The company is controlled by N Tager, the director, by virtue of the fact that, together with his wife, he holds 100% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the director. At the year end, the balance due to the director totalled £37,485 (2023: £43,089). The loan is interest free and repayable on demand.
During the year, dividends of £40,000 (2023: £35,000) were paid to N Tager, the director and his wife.