M.Z.K Trans. Ltd. 09342278 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is HGV Digita Accounts Production Advanced 6.30.9574.0 true true 09342278 2024-01-01 2024-12-31 09342278 2024-12-31 09342278 core:CurrentFinancialInstruments 2024-12-31 09342278 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 09342278 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 09342278 core:OfficeEquipment 2024-12-31 09342278 core:PlantMachinery 2024-12-31 09342278 bus:SmallEntities 2024-01-01 2024-12-31 09342278 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09342278 bus:FilletedAccounts 2024-01-01 2024-12-31 09342278 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09342278 bus:RegisteredOffice 2024-01-01 2024-12-31 09342278 bus:Director1 2024-01-01 2024-12-31 09342278 bus:Director2 2024-01-01 2024-12-31 09342278 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09342278 core:OfficeEquipment 2024-01-01 2024-12-31 09342278 core:PlantMachinery 2024-01-01 2024-12-31 09342278 countries:AllCountries 2024-01-01 2024-12-31 09342278 2023-12-31 09342278 core:OfficeEquipment 2023-12-31 09342278 core:PlantMachinery 2023-12-31 09342278 2023-01-01 2023-12-31 09342278 2023-12-31 09342278 core:CurrentFinancialInstruments 2023-12-31 09342278 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09342278 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 09342278 core:OfficeEquipment 2023-12-31 09342278 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 09342278

M.Z.K Trans. Ltd.

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

M.Z.K Trans. Ltd.

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 8

 

M.Z.K Trans. Ltd.

Company Information

Directors

Mr Mariusz Banaszewski

Mrs Żaneta Banaszewska

Registered office

86 Colinton
Skelmersdale
WN8 9AE

 

M.Z.K Trans. Ltd.

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr Mariusz Banaszewski

Mrs Żaneta Banaszewska

Principal activity

The principal activity of the company is HGV

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 20 May 2025 and signed on its behalf by:
 

.........................................
Mr Mariusz Banaszewski
Director

 

M.Z.K Trans. Ltd.

(Registration number: 09342278)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

287,357

255,988

Current assets

 

Debtors

5

74,670

82,102

Cash at bank and in hand

 

11,468

21,383

 

86,138

103,485

Creditors: Amounts falling due within one year

6

(195,960)

(185,130)

Net current liabilities

 

(109,822)

(81,645)

Total assets less current liabilities

 

177,535

174,343

Creditors: Amounts falling due after more than one year

6

(133,879)

(132,965)

Net assets

 

43,656

41,378

Capital and reserves

 

Called up share capital

100

100

Retained earnings

43,556

41,278

Shareholders' funds

 

43,656

41,378

 

M.Z.K Trans. Ltd.

(Registration number: 09342278)
Balance Sheet as at 31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 May 2025 and signed on its behalf by:
 

.........................................
Mr Mariusz Banaszewski
Director

 

M.Z.K Trans. Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
86 Colinton
Skelmersdale
WN8 9AE
United Kingdom

These financial statements were authorised for issue by the Board on 20 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

M.Z.K Trans. Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

 

M.Z.K Trans. Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

M.Z.K Trans. Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2024

451,117

1,150

452,267

Additions

120,500

353

120,853

Disposals

(76,021)

-

(76,021)

At 31 December 2024

495,596

1,503

497,099

Depreciation

At 1 January 2024

196,164

115

196,279

Charge for the year

41,872

150

42,022

Eliminated on disposal

(28,559)

-

(28,559)

At 31 December 2024

209,477

265

209,742

Carrying amount

At 31 December 2024

286,119

1,238

287,357

At 31 December 2023

254,953

1,035

255,988

5

Debtors

Current

2024
£

2023
£

Trade debtors

74,670

74,114

Other debtors

-

7,988

 

74,670

82,102

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

110,321

87,881

Trade creditors

 

43,971

63,195

Taxation and social security

 

34,541

29,916

Accruals and deferred income

 

6,300

-

Other creditors

 

827

4,138

 

195,960

185,130