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REGISTERED NUMBER: 12870599 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

LAZ CONSULTANCY LIMITED

LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LAZ CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S Lazarides





REGISTERED OFFICE: 2 Jardine House
The Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 12870599 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,757 8,446

CURRENT ASSETS
Debtors 5 266,116 319,494
Cash at bank 342 2,886
266,458 322,380
CREDITORS
Amounts falling due within one year 6 235,434 170,951
NET CURRENT ASSETS 31,024 151,429
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,781

159,875

PROVISIONS FOR LIABILITIES 1,689 1,646
NET ASSETS 36,092 158,229

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 35,992 158,129
SHAREHOLDERS' FUNDS 36,092 158,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2025 and were signed by:





S Lazarides - Director


LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 1 (2023 - 1 ) .

LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 13,197
DEPRECIATION
At 1 May 2023 4,751
Charge for year 1,689
At 30 April 2024 6,440
NET BOOK VALUE
At 30 April 2024 6,757
At 30 April 2023 8,446

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 251,255 304,633
Corporation Tax 14,861 14,861
266,116 319,494

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Corporation tax 101,276 65,042
Social security and other taxes 125,420 90,895
Directors' current accounts 988 931
Accruals and deferred income 7,750 14,083
235,434 170,951

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

LAZ CONSULTANCY LIMITED (REGISTERED NUMBER: 12870599)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. RESERVES
Retained
earnings
£   

At 1 May 2023 158,129
Profit for the year 88,863
Dividends (211,000 )
At 30 April 2024 35,992

9. RELATED PARTY DISCLOSURES

S Lazarides, a director and sole shareholder of Laz Consultancy Limited, is a director and significant shareholder in Laz Emporium Limited, a trading company registered in the United Kingdom.

Other debtors include amounts due from Laz Emporium Limited amounting to £251,255.

Management charges received from Laz Emporium Limited amount to £24.000.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Lazarides.