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REGISTERED NUMBER: 13533252 (England and Wales)


Ozel Logistics and Finance Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






Ozel Logistics and Finance Limited (Registered number: 13533252)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Ozel Logistics and Finance Limited

Company Information
for the year ended 31 March 2025







DIRECTORS: Mr M Ozel
Mrs J Ozel





REGISTERED OFFICE: 79 Abbots Gardens
London
N2 0JG





REGISTERED NUMBER: 13533252 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ozel Logistics and Finance Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ozel Logistics and Finance Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ozel Logistics and Finance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ozel Logistics and Finance Limited and state those matters that we have agreed to state to the Board of Directors of Ozel Logistics and Finance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ozel Logistics and Finance Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ozel Logistics and Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ozel Logistics and Finance Limited. You consider that Ozel Logistics and Finance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ozel Logistics and Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


4 April 2025

Ozel Logistics and Finance Limited (Registered number: 13533252)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,181 1,476

CURRENT ASSETS
Debtors 5 14,289 5,949
Cash at bank and in hand 648 2,320
14,937 8,269
CREDITORS
Amounts falling due within one year 6 7,957 9,134
NET CURRENT ASSETS/(LIABILITIES) 6,980 (865 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,161

611

PROVISIONS FOR LIABILITIES 7 224 421
NET ASSETS 7,937 190

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 7,837 90
SHAREHOLDERS' FUNDS 7,937 190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Ozel Logistics and Finance Limited (Registered number: 13533252)

Statement of Financial Position - continued
31 March 2025


The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:





Mr M Ozel - Director


Ozel Logistics and Finance Limited (Registered number: 13533252)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Ozel Logistics and Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is derived from the ordinary trading activities of the business and is recognised when the customers obtain the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Ozel Logistics and Finance Limited (Registered number: 13533252)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 April 2024
and 31 March 2025 2,435
DEPRECIATION
At 1 April 2024 959
Charge for year 295
At 31 March 2025 1,254
NET BOOK VALUE
At 31 March 2025 1,181
At 31 March 2024 1,476

Ozel Logistics and Finance Limited (Registered number: 13533252)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 10,045 5,840
Social security and other tax 4,244 -
Prepayments - 109
14,289 5,949

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 72
Tax 6,532 6,798
Social security and other taxes - 872
Directors' current accounts 33 -
Accrued expenses 1,392 1,392
7,957 9,134

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 224 421

Deferred
tax
£   
Balance at 1 April 2024 421
Credit to Statement of Income and Retained Earnings during year (197 )
Balance at 31 March 2025 224

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

Ozel Logistics and Finance Limited (Registered number: 13533252)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

9. RESERVES
Retained
earnings
£   

At 1 April 2024 90
Profit for the year 27,747
Dividends (20,000 )
At 31 March 2025 7,837