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Company Registration No. 11997748 (England and Wales)
Toguz Ltd Unaudited accounts for the year ended 31 May 2025
Toguz Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Toguz Ltd Company Information for the year ended 31 May 2025
Directors
Orhan YUKSEL Orhan YUKSEL
Company Number
11997748 (England and Wales)
Registered Office
120 Dartmouth Park Hill London N19 5HT United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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Toguz Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
12,669
6,650
Current assets
Inventories
53,450
54,500
Debtors
5
1,667
1,667
Cash at bank and in hand
4,873
2,932
59,990
59,099
Creditors: amounts falling due within one year
6
(61,150)
(54,082)
Net current (liabilities)/assets
(1,160)
5,017
Net assets
11,509
11,667
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
11,409
11,567
Shareholders' funds
11,509
11,667
For the year ending 31 May 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 15 January 2026 and were signed on its behalf by
Orhan YUKSEL Director Company Registration No. 11997748
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Toguz Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Toguz Ltd is a private company, limited by shares, registered in England and Wales, registration number 11997748. The registered office is 120 Dartmouth Park Hill, London, N19 5HT, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
18% - reducing balance
Motor vehicles
18% - reducing balance
Fixtures & fittings
18% - reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Toguz Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
3,057
1,000
10,970
15,027
Additions
-
8,800
-
8,800
At 31 May 2025
3,057
9,800
10,970
23,827
Depreciation
At 1 June 2024
1,001
1,000
6,376
8,377
Charge for the year
370
1,584
827
2,781
At 31 May 2025
1,371
2,584
7,203
11,158
Net book value
At 31 May 2025
1,686
7,216
3,767
12,669
At 31 May 2024
2,056
-
4,594
6,650
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
1,667
1,667
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,971
2,123
Trade creditors
2,567
415
Taxes and social security
2,109
2,169
Other creditors
54,153
49,025
Accruals
350
350
61,150
54,082
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
90 A Ordinary shares of £1 each
90
90
10 B Ordinary shares of £1 each
10
10
100
100
8
Transactions with related parties
Included within other creditors is an amount of £54,153 (2024: £49,025) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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