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Company Registration No. 09960099 (England and Wales)
Mazina UK Limited Unaudited accounts for the year ended 31 January 2025
Mazina UK Limited Unaudited accounts Contents
Page
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Mazina UK Limited Company Information for the year ended 31 January 2025
Director
N Saab
Company Number
09960099 (England and Wales)
Registered Office
Congress House Lyon Road Harrow HA1 2EN
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Mazina UK Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,973 
2,630 
Current assets
Debtors
11,996 
8,086 
Cash at bank and in hand
12,376 
17,667 
24,372 
25,753 
Creditors: amounts falling due within one year
(1,809)
(2,180)
Net current assets
22,563 
23,573 
Total assets less current liabilities
24,536 
26,203 
Creditors: amounts falling due after more than one year
(577,970)
(509,791)
Net liabilities
(553,434)
(483,588)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(553,534)
(483,688)
Shareholders' funds
(553,434)
(483,588)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 April 2025 and were signed on its behalf by
N Saab Director Company Registration No. 09960099
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Mazina UK Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Mazina UK Limited is a private company, limited by shares, registered in England and Wales, registration number 09960099. The registered office is Congress House, Lyon Road, Harrow, HA1 2EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director considers it appropriate to prepare the financial statements on a going concern basis as the company retains the financial support of the director in meeting its day to day working capital requirements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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Mazina UK Limited Notes to the Accounts for the year ended 31 January 2025
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
681 
4,824 
5,505 
At 31 January 2025
681 
4,824 
5,505 
Depreciation
At 1 February 2024
584 
2,291 
2,875 
Charge for the year
24 
633 
657 
At 31 January 2025
608 
2,924 
3,532 
Net book value
At 31 January 2025
73 
1,900 
1,973 
At 31 January 2024
97 
2,533 
2,630 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,595 
1,040 
Accrued income and prepayments
3,056 
1,273 
Other debtors
6,345 
5,773 
11,996 
8,086 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
309 
680 
Accruals
1,500 
1,500 
1,809 
2,180 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
577,970 
509,791 
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Mazina UK Limited Notes to the Accounts for the year ended 31 January 2025
8
Pension commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions paid by the company to the fund and amounted to £563 (2024: £528).
9
Loans to directors
As at the balance sheet date, the director had personally invested in the company by way of director loan as follows: N Saab £577,970 (2024: £509,791) The loan is unsecured and repayable by the company after more than one year.
10
Controlling party
There is no ultimate controlling party.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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