1 April 2024 v2025.15.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP117549462024-04-012024-12-31117549462024-12-31117549462024-03-3111754946core:WithinOneYear2024-12-3111754946core:WithinOneYear2024-03-3111754946core:ShareCapital2024-12-3111754946core:ShareCapital2024-03-3111754946core:RetainedEarningsAccumulatedLosses2024-12-3111754946core:RetainedEarningsAccumulatedLosses2024-03-3111754946bus:Director12024-04-012024-12-3111754946core:LandBuildings2024-04-012024-12-31117549462023-04-012024-03-3111754946core:LandBuildings2024-04-0111754946core:LandBuildings2024-03-311175494612024-04-012024-12-3111754946countries:EnglandWales2024-04-012024-12-3111754946bus:AuditExemptWithAccountantsReport2024-04-012024-12-3111754946bus:PrivateLimitedCompanyLtd2024-04-012024-12-3111754946bus:SmallEntities2024-04-012024-12-3111754946bus:FullAccounts2024-04-012024-12-31
Company registration number:
11754946
Deniz N4 Limited
Unaudited Filleted Financial Statements for the period ended
31 December 2024
Deniz N4 Limited
Statement of Financial Position
31 December 2024
31 Dec 202431 Mar 2024
Note££
Fixed assets    
Tangible assets 5 -  
15,000
 
Current assets    
Debtors 6
599
 
599
 
Cash at bank and in hand
125
 
59
 
724
 
658
 
Creditors: amounts falling due within one year 7
(9,021
)
(17,681
)
Net current liabilities
(8,297
)
(17,023
)
Total assets less current liabilities (8,297 ) (2,023 )
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(8,397
)
(2,123
)
Shareholders deficit
(8,297
)
(2,023
)
For the period ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
14 March 2025
, and are signed on behalf of the board by:
S Tasboru
Director
Company registration number:
11754946
Deniz N4 Limited
Notes to the Financial Statements
Period ended
31 December 2024

1 General information

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on on completion of land sale; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
Straight line over 40 years

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost.

4 Average number of employees

The average number of persons employed by the company during the period was
1
(2024:
1.00
).

5 Tangible assets

Land and buildings
£
Cost  
At
1 April 2024
15,000
 
Disposals
(15,000
)
At
31 December 2024
-  
Depreciation  
At
1 April 2024
and
31 December 2024
-  
Carrying amount  
At
31 December 2024
-  
At 31 March 2024
15,000
 
Land and building includes land which was not depreciated during the year.

6 Debtors

31 Dec 202431 Mar 2024
££
Other debtors
599
 
599
 

7 Creditors: amounts falling due within one year

31 Dec 202431 Mar 2024
££
Trade creditors
6,621
 
15,281
 
Other creditors
2,400
 
2,400
 
9,021
 
17,681
 

8 Controlling party

The ultimate controlling party is Mr Cenk Deniz by virtue of holding issued share capital of the company.