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REGISTERED NUMBER: 04017022 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BUZINET LIMITED

BUZINET LIMITED (BY SHARES) (REGISTERED NUMBER: 04017022)






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




Page

Company Information 1

Income Statement 2

Statement of Financial Position 3


BUZINET LIMITED (BY SHARES)

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: R J Griffiths



REGISTERED OFFICE: 1&2 Merlins Court
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1SB



REGISTERED NUMBER: 04017022 (England and Wales)



ACCOUNTANTS: L M Griffiths & Co Limited
Chartered Certified Accountants
1&2 Merlins Court
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1SB



BANKERS: HSBC Plc
41 High Street
Haverfordwest
Pembrokeshire
SA61 2BU

BUZINET LIMITED (BY SHARES) (REGISTERED NUMBER: 04017022)

INCOME STATEMENT
for the Year Ended 30 June 2024

2024 2023
£    £   

TURNOVER 49,867 56,117

Cost of raw materials and consumables (5,288 ) (6,402 )

Staff costs (15,748 ) (15,030 )

Depreciation and other amounts written off assets (786 ) (532 )

Other charges (11,506 ) (11,352 )

Taxation (2,995 ) (4,243 )

PROFIT 13,544 18,558

BUZINET LIMITED (BY SHARES) (REGISTERED NUMBER: 04017022)

STATEMENT OF FINANCIAL POSITION
30 June 2024

2024 2023
£    £   
FIXED ASSETS 915 748

CURRENT ASSETS 72,768 73,513

CREDITORS
Amounts falling due within one year (19,466 ) (15,588 )
NET CURRENT ASSETS 53,302 57,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,217

58,673

CAPITAL AND RESERVES 54,217 58,673

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - NIL ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
R J Griffiths
Balance outstanding at start of year (4,186 ) 834
Amounts advanced 14,791 (5,020 )
Amounts repaid (20,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,395 ) (4,186 )



BUZINET LIMITED (BY SHARES) (REGISTERED NUMBER: 04017022)

STATEMENT OF FINANCIAL POSITION - continued
30 June 2024


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

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

The director acknowledges his 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.

The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the director and authorised for issue on 17 March 2025 and were signed by:





R J Griffiths - Director