MAS BAZAR BIRMINGHAM LTD

MAS BAZAR BIRMINGHAM LTD
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	134,441	134,591
		134,441	134,591
Current assets
Stocks	4	245,470	365,470
Debtors	5	118,193	139,242
Cash at bank and in hand		53,590	55,274
		417,253	559,986
Creditors: amount falling due within one year	6	(176,639)	(315,302)
Net current assets		240,614	244,684

Total assets less current liabilities		375,055	379,275
Creditors: amount falling due after more than one year	7	(13,785)	(23,662)
Net assets		361,270	355,613

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		361,170	355,513
Shareholders' funds		361,270	355,613

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge 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 board of directors on 31 October 2025 and were signed on its behalf by:

-------------------------------
KALAM Abul
Director

MAS BAZAR BIRMINGHAM LTD
Notes to the Financial Statements
For the year ended 31 January 2025

General Information

MAS BAZAR BIRMINGHAM LTD is a private company, limited by shares, registered in , registration number 07144830, registration address 67-69 Lozells Road, Birmingham, B19 2TS.

The presentation currency is £ sterling.

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.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	0% Reducing Balance
Plant and Machinery	15% Reducing Balance
Motor Vehicles	15% Reducing Balance
Fixtures and Fittings	15% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 18 (2024 : 12).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£	£
At 01 February 2024	28,500	188,781	25,750	142,110	385,141
Additions	-	-	4,000	14,546	18,546
Disposals	-	-	-	-	-
At 31 January 2025	28,500	188,781	29,750	156,656	403,687
Depreciation
At 01 February 2024	-	182,736	3,863	63,951	250,550
Charge for year	-	907	3,883	13,906	18,696
On disposals	-	-	-	-	-
At 31 January 2025	-	183,643	7,746	77,857	269,246
Net book values
Closing balance as at 31 January 2025	28,500	5,138	22,004	78,799	134,441
Opening balance as at 01 February 2024	28,500	6,045	21,887	78,159	134,591

Stocks

	2025 £		2024 £
Stocks	245,470		365,470
	245,470		365,470

Debtors: amounts falling due within one year

	2025 £	2024 £
Loan to Mas bazar small heath ltd	20,000	20,000
Loan to Mas Bazar Ltd	70,000	70,000
VAT	5,406	26,455
	95,406	116,455

Debtors: amounts falling due after one year

	2025 £		2024 £
Other Debtors	22,787		22,787
	22,787		22,787

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	101,561	211,118
Corporation Tax	18,593	16,424
PAYE & Social Security	4,103	2,727
Other Creditors	22,382	27,533
Directors' Current Accounts	30,000	57,500
	176,639	315,302

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	13,785		23,662
	13,785		23,662

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 07144830

MAS BAZAR BIRMINGHAM LTD

Unaudited Financial Statements

Period of accounts Start date: 01 February 2024 End date: 31 January 2025