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Company Registration No. 12637370 (England and Wales)
Joey Mazars Ltd Unaudited accounts for the year ended 30 June 2025
Joey Mazars Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Joey Mazars Ltd Company Information for the year ended 30 June 2025
Director
Mr Joey Georges Mazars
Company Number
12637370 (England and Wales)
Registered Office
Gemma House 39 Lilestone Street London NW8 8SS England
Accountants
Lucent Accounting 4 Dorset Way Uxbridge UB10 0JR
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Joey Mazars Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,135
3,102
Investments
5
11,930
-
14,065
3,102
Current assets
Debtors
6
112,703
2,093
Cash at bank and in hand
45,723
145,148
158,426
147,241
Creditors: amounts falling due within one year
7
(22,234)
(25,734)
Net current assets
136,192
121,507
Net assets
150,257
124,609
Capital and reserves
Called up share capital
1
1
Profit and loss account
150,256
124,608
Shareholders' funds
150,257
124,609
For the year ending 30 June 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 31 October 2025 and were signed on its behalf by
Mr Joey Georges Mazars Director Company Registration No. 12637370
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Joey Mazars Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Joey Mazars Ltd is a private company, limited by shares, registered in England and Wales, registration number 12637370. The registered office is Gemma House, 39 Lilestone Street, London, NW8 8SS, 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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.
Computer equipment
Straight line over the life of an asset
Corporation tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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Joey Mazars Ltd Notes to the Accounts for the year ended 30 June 2025
Investment Policy
The investment objective is to provide a balance of income and capital growth which is conservative and in the long term constructing a balanced portfolio with a principal aim of achieving capital growth.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
4,834
At 30 June 2025
4,834
Depreciation
At 1 July 2024
1,732
Charge for the year
967
At 30 June 2025
2,699
Net book value
At 30 June 2025
2,135
At 30 June 2024
3,102
5
Investments
Other investments
£
Valuation at 1 July 2024
-
Additions
11,930
Valuation at 30 June 2025
11,930
All investments are carried at their fair value. Investments in equities, fixed and floating interest securities are all traded on quoted public markets. The basis of fair value for quoted investments is equivalent to the market value, using the mid-market price for UK quoted investments and mid price for overseas investments. Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).
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Joey Mazars Ltd Notes to the Accounts for the year ended 30 June 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
2,093
Other debtors
112,703
-
112,703
2,093
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
22,290
24,845
Other creditors
(532)
170
Loans from directors
476
719
22,234
25,734
8
Transactions with related parties
During the year the company paid dividends of £42,000 (2024: £42,000) to J Mazars, the director of the company. During the year, the director loan account includes credit balance of £476 (2024: £719). There are no interest or repayment terms attached to this funding. The company also made loans to AutogptLtd, a company that J Mazars is director of. At the year end the company was owed £112,703.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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