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Company Registration No. 09000588 (England and Wales)
EEZI GLOBAL LIMITED
Financial Statements
for the Period from 01 October 2023 to 30 September 2024

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

1. Statutory Information
EEZI GLOBAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09000588.
2. Accounting Policies
Basis of preparing the Financial Statements
Eezi Global Limited (the "Company") is a private Company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The registered number is 09000588 and the registered address is C/O Harrison Clark Rickerbys, 62 Cornhill, London, England, EC3V 3NH.These financial statements were prepared in accordance with the Financial Reporting Standard 101 Reduced Disclosure Framework ("FRS 101").In preparing these financial statements, the company applies the recognition, measurement and disclosure requirements of International Financial Reporting Standards as adopted by the EU ("Adopted IFRSs"), but makes amendments where necessary in order to comply with section 477 of the Companies Act 2006 relating to small companies and has set out below where advantage of the FRS 101 disclosure exemptions has been taken. In the transition to FRS 101, the company has applied IFRS 1 whilst ensuring its assets and liabilities are measured incompliance with FRS 101. The company has made no measurement and recognition adjustments in the transition to FRS101, therefore, no separate disclosure has been made. The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Revenue is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business and is shown net of VAT and other sales related taxes. Revenue during the year related to the sale of airtime, e-vouchers and other miscellaneous vending activities.

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

Current Tax
Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity or other comprehensive income, in which case it is recognized directly in equity or other comprehensive income. Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the statement of financial position date, and any adjustment to tax payable in respect of previous years.
Tangible Fixed Asset Policy
Items of property, plant and equipment are initially recognized at cost. As well as the purchase price, cost includes directly attributable costs and the estimated present value of any future unavoidable costs of dismantling and removing items. The corresponding liability is recognized within provisions .Depreciation is provided on all other items of equipment so as to write off their carrying value over their expected useful economic lives. It is provided at the following rates :Point of sale devices - 16.67% per annum straight line Mobile handsets - 100% per annum on acquisition Computer equipment - 100% per annum on acquisition

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

Stock
Inventories are stated at the lower of cost and net realizable value. Cost is determined using the first-in-first-out method and net realizable value is the estimated selling price less costs of disposal in the ordinary course of business. The cost of inventories includes direct costs plus production overheads.
Deferred Tax
Deferred tax is provided on temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The following temporary differences are not provided for :the initial recognition of goodwill; differences relating to investments in subsidiaries to the extent that they will probably not reverse in the foreseeable future. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the statement of financial position date.

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 1
2023 2
4. Principal Activity
The principal activity of the Company is airtime, e-vouchers and other miscellaneous vending activities, in the UK and Europe.

EEZI GLOBAL LIMITED

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

5. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/10/2023 620,923 - - 620,923
Additions - - - -
Disposals - - - -
Adjustments - - - -
Valuation at 30/09/2024 620,923 - - 620,923