Company Registration No. 10698519 (England and Wales)
Myz Food & Drink Ltd
Unaudited accounts
for the year ended 31 March 2025
Myz Food & Drink Ltd
Unaudited accounts
Contents
Myz Food & Drink Ltd
Company Information
for the year ended 31 March 2025
Directors
Mohammed Jaffer Somani
Tahir Hussain Somani
Yasmin Somani
Company Number
10698519 (England and Wales)
Registered Office
Unit 27
Whitworth Industrial Estate, Tilton Road
Birmingham
West Midlands
B9 4PP
England
Myz Food & Drink Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
4,164
3,000
Tangible assets
56,913
65,894
Inventories
148,540
150,000
Cash at bank and in hand
30,424
83,954
Creditors: amounts falling due within one year
(344,385)
(465,298)
Net current assets
28,601
22,749
Total assets less current liabilities
89,678
91,643
Creditors: amounts falling due after more than one year
(60,878)
(43,954)
Called up share capital
100
100
Profit and loss account
28,700
47,589
Shareholders' funds
28,800
47,689
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by
Mohammed Jaffer Somani
Director
Company Registration No. 10698519
Myz Food & Drink Ltd
Notes to the Accounts
for the year ended 31 March 2025
Myz Food & Drink Ltd is a private company, limited by shares, registered in England and Wales, registration number 10698519. The registered office is Unit 27, Whitworth Industrial Estate, Tilton Road, Birmingham, West Midlands, B9 4PP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Intangible fixed assets
Goodwill
Myz Food & Drink Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
29,425
123,872
1,060
1,400
155,757
Additions
14,772
1,240
1,050
220
17,282
At 31 March 2025
44,197
125,112
2,110
1,620
173,039
At 1 April 2024
14,977
74,196
265
425
89,863
Charge for the year
7,296
18,207
461
299
26,263
At 31 March 2025
22,273
92,403
726
724
116,126
At 31 March 2025
21,924
32,709
1,384
896
56,913
At 31 March 2024
14,448
49,676
795
975
65,894
Amounts falling due within one year
Trade debtors
95,222
200,193
Other debtors
98,800
53,900
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
173,989
248,994
Taxes and social security
38,402
8,217
Other creditors
41,111
164,214
Loans from directors
73,921
-
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 26 (2024: 26).