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Company Registration No. 13796509 (England and Wales)
MZS ELECTRONICS LTD Unaudited accounts for the year ended 31 December 2024
MZS ELECTRONICS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MZS ELECTRONICS LTD Company Information for the year ended 31 December 2024
Director
Mohammed Zahid SHERAZ
Company Number
13796509 (England and Wales)
Registered Office
9 PARSONAGE ROAD BRADFORD BD5 8BN ENGLAND
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MZS ELECTRONICS LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
840
1,025
Current assets
Inventories
3,610
3,825
Cash at bank and in hand
2,130
1,152
5,740
4,977
Creditors: amounts falling due within one year
5
(4,953)
(4,019)
Net current assets
787
958
Net assets
1,627
1,983
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,527
1,883
Shareholders' funds
1,627
1,983
For the 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. 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 September 2025 and were signed on its behalf by
Mohammed Zahid SHERAZ Director Company Registration No. 13796509
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MZS ELECTRONICS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MZS ELECTRONICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13796509. The registered office is 9 PARSONAGE ROAD, BRADFORD, BD5 8BN, ENGLAND.
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:
Computer equipment
18%
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2024
1,525
At 31 December 2024
1,525
Depreciation
At 1 January 2024
500
Charge for the year
185
At 31 December 2024
685
Net book value
At 31 December 2024
840
At 31 December 2023
1,025
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
-
201
Loans from directors
4,453
3,388
Accruals
500
430
4,953
4,019
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MZS ELECTRONICS LTD Notes to the Accounts for the year ended 31 December 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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