1 May 2024 false No description of principal activity Taxfiler 2024.6 SC396495 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC396495 2024-04-30 SC396495 2024-05-01 2025-04-30 SC396495 business:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 SC396495 business:FilletedAccounts 2024-05-01 2025-04-30 SC396495 2025-04-30 SC396495 business:Director1 2024-05-01 2025-04-30 SC396495 business:RegisteredOffice 2024-05-01 2025-04-30 SC396495 2024-04-30 SC396495 core:WithinOneYear 2025-04-30 SC396495 core:WithinOneYear 2024-04-30 SC396495 core:AfterOneYear 2025-04-30 SC396495 core:AfterOneYear 2024-04-30 SC396495 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 SC396495 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 SC396495 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 SC396495 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 SC396495 core:PreviouslyStatedAmount 2025-04-30 SC396495 core:PreviouslyStatedAmount 2024-04-30 SC396495 business:SmallEntities 2024-05-01 2025-04-30 SC396495 countries:Scotland 2024-05-01 2025-04-30 SC396495 core:PlantMachinery 2024-05-01 2025-04-30 SC396495 core:MotorVehicles 2024-05-01 2025-04-30 SC396495 core:FurnitureFittings 2024-05-01 2025-04-30 SC396495 core:Goodwill 2024-04-30 SC396495 core:Goodwill 2025-04-30 SC396495 core:PlantMachinery 2024-04-30 SC396495 core:MotorVehicles 2024-04-30 SC396495 core:FurnitureFittings 2024-04-30 SC396495 core:PlantMachinery 2025-04-30 SC396495 core:MotorVehicles 2025-04-30 SC396495 core:FurnitureFittings 2025-04-30 SC396495 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC396495 (Scotland)
GHAZI (SCOTLAND) LTD. Unaudited accounts for the year ended 30 April 2025
GHAZI (SCOTLAND) LTD. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GHAZI (SCOTLAND) LTD. Company Information for the year ended 30 April 2025
Director
Shahid Hussain
Company Number
SC396495 (Scotland)
Registered Office
96 WEST REGENT STREET GLASGOW G2 2QD
Accountants
SK and Co 3rd Floor, St. Georges Building 5 St. Vincent Place Glasgow G1 2DH
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GHAZI (SCOTLAND) LTD. Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
13,792
13,792
Tangible assets
5
44,420
52,259
58,212
66,051
Current assets
Inventories
23,130
16,630
Cash at bank and in hand
692
3,420
23,822
20,050
Creditors: amounts falling due within one year
6
(58,979)
(39,043)
Net current liabilities
(35,157)
(18,993)
Total assets less current liabilities
23,055
47,058
Creditors: amounts falling due after more than one year
7
(10,267)
(19,067)
Net assets
12,788
27,991
Capital and reserves
Called up share capital
1
1
Profit and loss account
12,787
27,990
Shareholders' funds
12,788
27,991
For the year ending 30 April 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 14 October 2025 and were signed on its behalf by
Shahid Hussain Director Company Registration No. SC396495
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GHAZI (SCOTLAND) LTD. Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
GHAZI (SCOTLAND) LTD. is a private company, limited by shares, registered in Scotland, registration number SC396495. The registered office is 96 WEST REGENT STREET, GLASGOW, G2 2QD.
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:
Plant & machinery
15% on reducing balance
Motor vehicles
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised over 10 years.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024
15,325
At 30 April 2025
15,325
Amortisation
At 1 May 2024
1,533
At 30 April 2025
1,533
Net book value
At 30 April 2025
13,792
At 30 April 2024
13,792
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GHAZI (SCOTLAND) LTD. Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
20,867
5,000
58,311
84,178
At 30 April 2025
20,867
5,000
58,311
84,178
Depreciation
At 1 May 2024
11,554
3,842
16,523
31,919
Charge for the year
1,397
174
6,268
7,839
At 30 April 2025
12,951
4,016
22,791
39,758
Net book value
At 30 April 2025
7,916
984
35,520
44,420
At 30 April 2024
9,313
1,158
41,788
52,259
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
9,445
4,987
Taxes and social security
9,723
3,254
Loans from directors
36,686
28,927
Accruals
3,125
1,875
58,979
39,043
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
10,267
19,067
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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