Registered number
05405597
OZKUTAN & MURATI LIMITED
Filleted Accounts
31 March 2024
OZKUTAN & MURATI LIMITED
Registered number: 05405597
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 152,499
Tangible assets 4 200,000 440,000
200,000 592,499
Current assets
Debtors 5 1,672 1,741
Cash at bank and in hand 214,068 10,950
215,740 12,691
Creditors: amounts falling due within one year 6 (19,414) (27,414)
Net current assets/(liabilities) 196,326 (14,723)
Total assets less current liabilities 396,326 577,776
Creditors: amounts falling due after more than one year 7 (134,285) (253,772)
Net assets 262,041 324,004
Capital and reserves
Called up share capital 2 2
Profit and loss account 262,039 324,002
Shareholders' funds 262,041 324,004
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MR KASTRIOT MURATI
Director
Approved by the board on 26 March 2025
OZKUTAN & MURATI LIMITED
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Depreciation & Amortisation
Depreciation has not been provided on freehold premises due to their indefinite life. Amortisation has not been provided for purchsed goodwill , however, an impairment review has been conducted and directors are satisfied that goodwill has not been impaired.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Corporation tax liability is not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Intangible fixed assets £
Cost
At 1 April 2023 152,499
Disposals (152,499)
At 31 March 2024 -
Amortisation
At 31 March 2024 -
Net book value
At 31 March 2024 -
At 31 March 2023 152,499
4 Tangible fixed assets
Freehold premises
£
Cost
At 1 April 2023 440,000
Disposals (240,000)
At 31 March 2024 200,000
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 200,000
At 31 March 2023 440,000
5 Debtors 2024 2023
£ £
Prepayments & other debtors 1,672 1,741
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans 5,280 13,688
Sundry creditors 1,176 1,774
Corporation tax 6,952 6,952
Deposit received from customers 6,006 5,000
19,414 27,414
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 5,546 28,133
Other creditors 128,739 225,639
134,285 253,772
8 Other information
OZKUTAN & MURATI LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
123 GLOUCESTER ROAD
WOLVERTON
MK12 5DZ
OZKUTAN & MURATI LIMITED 05405597 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 MR KASTRIOT MURATI No description of principal activity 05405597 2022-04-01 2023-03-31 05405597 core:WithinOneYear 2023-03-31 05405597 core:AfterOneYear 2023-03-31 05405597 core:ShareCapital 2023-03-31 05405597 core:RetainedEarningsAccumulatedLosses 2023-03-31 05405597 2023-04-01 2024-03-31 05405597 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05405597 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05405597 bus:Director40 2023-04-01 2024-03-31 05405597 1 2023-04-01 2024-03-31 05405597 2 2023-04-01 2024-03-31 05405597 core:Goodwill 2023-04-01 2024-03-31 05405597 core:LandBuildings 2023-04-01 2024-03-31 05405597 countries:England 2023-04-01 2024-03-31 05405597 bus:FRS102 2023-04-01 2024-03-31 05405597 bus:FilletedAccounts 2023-04-01 2024-03-31 05405597 2024-03-31 05405597 core:WithinOneYear 2024-03-31 05405597 core:AfterOneYear 2024-03-31 05405597 core:ShareCapital 2024-03-31 05405597 core:RetainedEarningsAccumulatedLosses 2024-03-31 05405597 core:Goodwill 2024-03-31 05405597 core:LandBuildings 2024-03-31 05405597 2023-03-31 05405597 core:Goodwill 2023-03-31 05405597 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure