2023-09-012024-08-312024-08-31false12438548JUZO LONDON LTD2025-05-16falseiso4217:GBPxbrli:pure124385482023-09-01124385482024-08-31124385482023-09-012024-08-31124385482022-09-01124385482023-08-31124385482022-09-012023-08-3112438548bus:SmallEntities2023-09-012024-08-3112438548bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3112438548bus:FullAccounts2023-09-012024-08-3112438548bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112438548core:WithinOneYear2024-08-3112438548core:AfterOneYear2024-08-3112438548core:WithinOneYear2023-08-3112438548core:AfterOneYear2023-08-3112438548core:ShareCapital2024-08-3112438548core:SharePremium2024-08-3112438548core:RevaluationReserve2024-08-3112438548core:OtherReservesSubtotal2024-08-3112438548core:RetainedEarningsAccumulatedLosses2024-08-3112438548core:ShareCapital2023-08-3112438548core:SharePremium2023-08-3112438548core:RevaluationReserve2023-08-3112438548core:OtherReservesSubtotal2023-08-3112438548core:RetainedEarningsAccumulatedLosses2023-08-3112438548core:LandBuildings2024-08-3112438548core:PlantMachinery2024-08-3112438548core:Vehicles2024-08-3112438548core:FurnitureFittings2024-08-3112438548core:OfficeEquipment2024-08-3112438548core:NetGoodwill2024-08-3112438548core:IntangibleAssetsOtherThanGoodwill2024-08-3112438548core:ListedExchangeTraded2024-08-3112438548core:UnlistedNon-exchangeTraded2024-08-3112438548core:LandBuildings2023-08-3112438548core:PlantMachinery2023-08-3112438548core:Vehicles2023-08-3112438548core:FurnitureFittings2023-08-3112438548core:OfficeEquipment2023-08-3112438548core:NetGoodwill2023-08-3112438548core:IntangibleAssetsOtherThanGoodwill2023-08-3112438548core:ListedExchangeTraded2023-08-3112438548core:UnlistedNon-exchangeTraded2023-08-3112438548core:LandBuildings2023-09-012024-08-3112438548core:PlantMachinery2023-09-012024-08-3112438548core:Vehicles2023-09-012024-08-3112438548core:FurnitureFittings2023-09-012024-08-3112438548core:OfficeEquipment2023-09-012024-08-3112438548core:NetGoodwill2023-09-012024-08-3112438548core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112438548core:ListedExchangeTraded2023-09-012024-08-3112438548core:UnlistedNon-exchangeTraded2023-09-012024-08-3112438548core:MoreThanFiveYears2023-09-012024-08-3112438548core:Non-currentFinancialInstruments2024-08-3112438548core:Non-currentFinancialInstruments2023-08-3112438548dpl:CostSales2023-09-012024-08-3112438548dpl:DistributionCosts2023-09-012024-08-3112438548core:LandBuildings2023-09-012024-08-3112438548core:PlantMachinery2023-09-012024-08-3112438548core:Vehicles2023-09-012024-08-3112438548core:FurnitureFittings2023-09-012024-08-3112438548core:OfficeEquipment2023-09-012024-08-3112438548dpl:AdministrativeExpenses2023-09-012024-08-3112438548core:NetGoodwill2023-09-012024-08-3112438548core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112438548dpl:GroupUndertakings2023-09-012024-08-3112438548dpl:ParticipatingInterests2023-09-012024-08-3112438548dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3112438548core:ListedExchangeTraded2023-09-012024-08-3112438548dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3112438548core:UnlistedNon-exchangeTraded2023-09-012024-08-3112438548dpl:CostSales2022-09-012023-08-3112438548dpl:DistributionCosts2022-09-012023-08-3112438548core:LandBuildings2022-09-012023-08-3112438548core:PlantMachinery2022-09-012023-08-3112438548core:Vehicles2022-09-012023-08-3112438548core:FurnitureFittings2022-09-012023-08-3112438548core:OfficeEquipment2022-09-012023-08-3112438548dpl:AdministrativeExpenses2022-09-012023-08-3112438548core:NetGoodwill2022-09-012023-08-3112438548core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3112438548dpl:GroupUndertakings2022-09-012023-08-3112438548dpl:ParticipatingInterests2022-09-012023-08-3112438548dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3112438548core:ListedExchangeTraded2022-09-012023-08-3112438548dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3112438548core:UnlistedNon-exchangeTraded2022-09-012023-08-3112438548core:NetGoodwill2024-08-3112438548core:IntangibleAssetsOtherThanGoodwill2024-08-3112438548core:LandBuildings2024-08-3112438548core:PlantMachinery2024-08-3112438548core:Vehicles2024-08-3112438548core:FurnitureFittings2024-08-3112438548core:OfficeEquipment2024-08-3112438548core:AfterOneYear2024-08-3112438548core:WithinOneYear2024-08-3112438548core:ListedExchangeTraded2024-08-3112438548core:UnlistedNon-exchangeTraded2024-08-3112438548core:ShareCapital2024-08-3112438548core:SharePremium2024-08-3112438548core:RevaluationReserve2024-08-3112438548core:OtherReservesSubtotal2024-08-3112438548core:RetainedEarningsAccumulatedLosses2024-08-3112438548core:NetGoodwill2023-08-3112438548core:IntangibleAssetsOtherThanGoodwill2023-08-3112438548core:LandBuildings2023-08-3112438548core:PlantMachinery2023-08-3112438548core:Vehicles2023-08-3112438548core:FurnitureFittings2023-08-3112438548core:OfficeEquipment2023-08-3112438548core:AfterOneYear2023-08-3112438548core:WithinOneYear2023-08-3112438548core:ListedExchangeTraded2023-08-3112438548core:UnlistedNon-exchangeTraded2023-08-3112438548core:ShareCapital2023-08-3112438548core:SharePremium2023-08-3112438548core:RevaluationReserve2023-08-3112438548core:OtherReservesSubtotal2023-08-3112438548core:RetainedEarningsAccumulatedLosses2023-08-3112438548core:NetGoodwill2022-09-0112438548core:IntangibleAssetsOtherThanGoodwill2022-09-0112438548core:LandBuildings2022-09-0112438548core:PlantMachinery2022-09-0112438548core:Vehicles2022-09-0112438548core:FurnitureFittings2022-09-0112438548core:OfficeEquipment2022-09-0112438548core:AfterOneYear2022-09-0112438548core:WithinOneYear2022-09-0112438548core:ListedExchangeTraded2022-09-0112438548core:UnlistedNon-exchangeTraded2022-09-0112438548core:ShareCapital2022-09-0112438548core:SharePremium2022-09-0112438548core:RevaluationReserve2022-09-0112438548core:OtherReservesSubtotal2022-09-0112438548core:RetainedEarningsAccumulatedLosses2022-09-0112438548core:AfterOneYear2023-09-012024-08-3112438548core:WithinOneYear2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112438548core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3112438548core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3112438548core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3112438548core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3112438548core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3112438548bus:Director12023-09-012024-08-3112438548core:FurnitureFittingsToolsEquipment2023-08-3112438548core:FurnitureFittingsToolsEquipment2023-09-012024-08-3112438548core:FurnitureFittingsToolsEquipment2024-08-31

JUZO LONDON LTD

Registered Number
12438548
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

JUZO LONDON LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

NARZIBEKOV, Rustambek

Registered Address

18 Basement Thayer Street
London
W1U 3JY

Place of Business

100 Portobello Rd

London

W11 2QD


Registered Number

12438548 (England and Wales)
JUZO LONDON LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3-74,334
Tangible assets4899,895863,433
899,895937,767
Current assets
Debtors5378,411449,065
Cash at bank and on hand24,738205,328
403,149654,393
Creditors amounts falling due within one year6(86,993)(220,081)
Net current assets (liabilities)316,156434,312
Total assets less current liabilities1,216,0511,372,079
Creditors amounts falling due after one year7(791,073)(932,456)
Provisions for liabilities8-(242,065)
Net assets424,978197,558
Capital and reserves
Called up share capital11
Profit and loss account424,977197,557
Shareholders' funds424,978197,558
The financial statements were approved and authorised for issue by the Director on 16 May 2025, and are signed on its behalf by:
NARZIBEKOV, Rustambek
Director
Registered Company No. 12438548
JUZO LONDON LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Amortisation
Amortisation 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: -10% Straight line
Research and development
All research costs are expensed. Costs related to the development of products are capitalised when they meet the criteria stated in FRS 102, Section 18 Intangible assets other than Goodwill. All other development expenditure is recognised as an expense in the period in which it is incurred.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Land and buildings-20
Plant and machinery-5
Fixtures and fittings20-
Office Equipment20-
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20242023
Average number of employees during the year00
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 September 2389,65389,653
Transfers(89,653)(89,653)
Amortisation and impairment
At 01 September 2315,31915,319
Other movements(15,319)(15,319)
Net book value
At 31 August 24--
At 31 August 2374,33474,334
4.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 September 23570,356177,463261,0437,4431,016,305
Additions50,17912,8943,33611,57577,984
Transfers89,653---89,653
At 31 August 24710,188190,357264,37919,0181,183,942
Depreciation and impairment
At 01 September 2336,54644,47969,2432,604152,872
Charge for year35,05838,00138,8003,997115,856
Other adjustments15,319---15,319
At 31 August 2486,92382,480108,0436,601284,047
Net book value
At 31 August 24623,265107,877156,33612,417899,895
At 31 August 23533,810132,984191,8004,839863,433
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables90,00048,000
Amounts owed by group undertakings63,378-
Other debtors225,033401,065
Total378,411449,065
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables45,66356,485
Amounts owed to related parties39,346157,199
Other creditors3342,347
Accrued liabilities and deferred income1,6504,050
Total86,993220,081
7.Creditors: amounts due after one year

2024

2023

££
Amounts owed to related parties791,073932,456
Total791,073932,456
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)-242,065
Total-242,065
9.Related party transactions
At the year end the company was owed £157,198.79 to Zephyr Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand. At the year end the company owed £207,694 (2023 - £341,670) to CRG London Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand. At the year end the company owed £542,582 (2023 - £540,000) to Chicama Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand. At the year end the company owed £38,368 (2023 - £50,786) to Pachamama Restaurants Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand. At the year end the company owed £39,346 (2023 - £157,199) to Zephyr 100 Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand. At the year end the company was owed £60,960 by 149 QW Limited, a fellow group undertaking, in respect of an interest free loan which is repayable on demand.