1 February 2024 false No description of principal activity Taxfiler 2024.6 09400306business:PrivateLimitedCompanyLtd2024-02-012025-01-31 094003062024-01-31 094003062024-02-012025-01-31 09400306business:AuditExemptWithAccountantsReport2024-02-012025-01-31 09400306business:FilletedAccounts2024-02-012025-01-31 094003062025-01-31 09400306business:Director12024-02-012025-01-31 09400306business:RegisteredOffice2024-02-012025-01-31 094003062024-01-31 09400306core:WithinOneYear2025-01-31 09400306core:WithinOneYear2024-01-31 09400306core:AfterOneYear2025-01-31 09400306core:AfterOneYear2024-01-31 09400306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 09400306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 09400306core:PreviouslyStatedAmount2025-01-31 09400306core:PreviouslyStatedAmount2024-01-31 09400306business:SmallEntities2024-02-012025-01-31 09400306countries:EnglandWales2024-02-012025-01-31 09400306core:MotorVehicles2024-01-31 09400306core:FurnitureFittings2024-01-31 09400306core:MotorVehicles2024-02-012025-01-31 09400306core:FurnitureFittings2024-02-012025-01-31 09400306core:MotorVehicles2025-01-31 09400306core:FurnitureFittings2025-01-31 094003062023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09400306 (England and Wales)
M/Y CARZ LTD Unaudited accounts for the year ended 31 January 2025
M/Y CARZ LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M/Y CARZ LTD Company Information for the year ended 31 January 2025
Director
SHAHID YOUSAF
Company Number
09400306 (England and Wales)
Registered Office
267 CITY ROAD SHEFFIELD S2 5HG
Accountants
AK ACCOUNTANTS 562-564 MANCHESTER ROAD BRADFORD WEST YORKSHIRE BD5 7LR
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M/Y CARZ LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
67,626 
69,259 
Current assets
Cash at bank and in hand
4,538 
8,360 
Creditors: amounts falling due within one year
5
(38,248)
(39,460)
Net current liabilities
(33,710)
(31,100)
Total assets less current liabilities
33,916 
38,159 
Creditors: amounts falling due after more than one year
6
(13,437)
(18,244)
Net assets
20,479 
19,915 
Capital and reserves
Profit and loss account
20,479 
19,915 
Shareholders' funds
20,479 
19,915 
For the year ending 31 January 2025 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 19 September 2025 and were signed on its behalf by
SHAHID YOUSAF Director Company Registration No. 09400306
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M/Y CARZ LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
M/Y CARZ LTD is a private company, limited by shares, registered in England and Wales, registration number 09400306. The registered office is 267 CITY ROAD, SHEFFIELD, S2 5HG.
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
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
114,127 
485 
114,612 
Additions
42,000 
- 
42,000 
Disposals
(54,200)
- 
(54,200)
At 31 January 2025
101,927 
485 
102,412 
Depreciation
At 1 February 2024
45,002 
351 
45,353 
Charge for the year
16,880 
27 
16,907 
On disposals
(27,474)
- 
(27,474)
At 31 January 2025
34,408 
378 
34,786 
Net book value
At 31 January 2025
67,519 
107 
67,626 
At 31 January 2024
69,125 
134 
69,259 
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M/Y CARZ LTD Notes to the Accounts for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
2,400 
- 
Taxes and social security
- 
2,232 
Loans from directors
34,898 
36,208 
Accruals
950 
1,020 
38,248 
39,460 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
13,437 
18,244 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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