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Company Registration No. 11566519 (England and Wales)
Faz Enterprise Ltd Unaudited accounts for the year ended 30 September 2024
Faz Enterprise Ltd Unaudited accounts Contents
Page
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Faz Enterprise Ltd Company Information for the year ended 30 September 2024
Director
Mohammed Faisal Din
Company Number
11566519 (England and Wales)
Registered Office
Moss Side Farm Moss Lane Ashton-Under-Lyne OL7 9LA
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Faz Enterprise Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,381 
11,726 
Investments
273,700 
273,700 
283,081 
285,426 
Current assets
Debtors
40,000 
40,000 
Cash at bank and in hand
3,268 
84,770 
43,268 
124,770 
Creditors: amounts falling due within one year
(505,940)
(461,670)
Net current liabilities
(462,672)
(336,900)
Total assets less current liabilities
(179,591)
(51,474)
Creditors: amounts falling due after more than one year
(565,541)
- 
Net liabilities
(745,132)
(51,474)
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
(605,000)
- 
Profit and loss account
(140,232)
(51,574)
Shareholders' funds
(745,132)
(51,474)
For the year ending 30 September 2024 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 12 May 2025 and were signed on its behalf by
Mohammed Faisal Din Director Company Registration No. 11566519
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Faz Enterprise Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Faz Enterprise Ltd is a private company, limited by shares, registered in England and Wales, registration number 11566519. The registered office is Moss Side Farm Moss Lane, Ashton-Under-Lyne, OL7 9LA.
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.
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
23,245 
At 30 September 2024
23,245 
Depreciation
At 1 October 2023
11,519 
Charge for the year
2,345 
At 30 September 2024
13,864 
Net book value
At 30 September 2024
9,381 
At 30 September 2023
11,726 
5
Investments
Other investments 
£ 
Valuation at 1 October 2023
273,700 
Valuation at 30 September 2024
273,700 
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Faz Enterprise Ltd Notes to the Accounts for the year ended 30 September 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
40,000 
40,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
147,490 
127,047 
Loans from directors
357,590 
333,763 
Accruals
860 
860 
505,940 
461,670 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
565,541 
- 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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