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REGISTERED NUMBER: 08197167 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

M&Oz Ltd

M&Oz Ltd (Registered number: 08197167)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


M&Oz Ltd (Registered number: 08197167)

Balance Sheet
31st August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 51
Investment property 5 211,000 216,000
211,000 216,051

CURRENT ASSETS
Cash at bank 36,053 32,552

CREDITORS
Amounts falling due within one year 6 55,388 54,172
NET CURRENT LIABILITIES (19,335 ) (21,620 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,665

194,431

PROVISIONS FOR LIABILITIES - 10
NET ASSETS 191,665 194,421

CAPITAL AND RESERVES
Called up share capital 7 60 60
Retained earnings 191,605 194,361
SHAREHOLDERS' FUNDS 191,665 194,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 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 director and authorised for issue on 22nd April 2025 and were signed by:





Dr M Ozbilen - Director


M&Oz Ltd (Registered number: 08197167)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. COMPANY INFORMATION

M&Oz Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08197167

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and Fittings - 25% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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 balance sheet date.

Going concern
At the time of approving the financial statements, the director has confirmed that they will continue to support the company and ensure it has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

M&Oz Ltd (Registered number: 08197167)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st September 2023 2,581
Disposals (2,177 )
At 31st August 2024 404
DEPRECIATION
At 1st September 2023 2,530
Charge for year 51
Eliminated on disposal (2,177 )
At 31st August 2024 404
NET BOOK VALUE
At 31st August 2024 -
At 31st August 2023 51

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1st September 2023 216,000
Revaluations (5,000 )
At 31st August 2024 211,000
NET BOOK VALUE
At 31st August 2024 211,000
At 31st August 2023 216,000

Investment property comprises of one residential property purchased 12 December 2017. There has been a revaluation of the property in the year with an adjustment of £8,000.

Cost or valuation at 31st August 2024 is represented by:
£   
Valuation in 2024 211,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Corporation tax 653 843
Directors' current accounts 54,141 52,735
Accrued expenses 594 594
55,388 54,172

M&Oz Ltd (Registered number: 08197167)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
60 Ordinary A 1 60 60

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st August 2024 and 31st August 2023:

31.8.24 31.8.23
£    £   
Dr M Ozbilen
Balance outstanding at start of year (52,735 ) (49,423 )
Amounts repaid (1,406 ) (3,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (54,141 ) (52,735 )

The loan is repayable on demand and no interest was charged during the year.

9. CONTROL

The ultimate controlling party is Dr Ozbilen by virtue of holding 100% of the voting share capital.