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Registered Number: 14276483


 

 

 

BUYING ZONE LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 August 2024.
Principal activities
Principal activity of the company during the financial year was of Retail sale via mail order houses or via Internet
Director
The director who served the company throughout the year was as follows:
Shares
Hassan MAHMOOD 1.00
Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.


----------------------------------
Hassan MAHMOOD
Director

Date approved: 28 August 2025
1
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 3 10,645    120 
Cash at bank and in hand 629    149 
11,274    269 
Creditors: amount falling due within one year 4 (14,959)   (3,006)
Net current assets (3,685)   (2,737)
 
Total assets less current liabilities (3,685)   (2,737)
Net assets (3,685)   (2,737)
 

Capital and reserves
     
Called up share capital 5 1    1 
Profit and loss account (3,686)   (2,738)
Shareholders' funds (3,685)   (2,737)
 


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

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the director on 28 August 2025 and were signed by:


-------------------------------
Hassan MAHMOOD
Director
2
General Information
BUYING ZONE LTD is a private company, limited by shares, registered in , registration number 14276483, registration address 30 THREE CORNERS ROAD, OXFORD ENGLAND, OX4 7UE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 10,645   
Directors' Current Accounts   120 
10,645    120 

4.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 10,645   
Other Creditors 1   
Hassan Mahmood 4,313    3,006 
14,959    3,006 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
1 Class A share of £1.00 each  
 

3