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Company Registration No. 07354120 (England and Wales)
BINAZ LTD Unaudited accounts for the year ended 31 December 2025
BINAZ LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BINAZ LTD Company Information for the year ended 31 December 2025
Directors
MR ABDUL SABOOR MAHAR MRS NADIA MAHAR
Company Number
07354120 (England and Wales)
Registered Office
3 MELLISH WAY HORNCHURCH ESSEX RM11 2GU
Accountants
Certax Accounting (Fitzrovia) Limited 85 Tottenham Court Road London W1T 4TQ
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BINAZ LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
853
594
Current assets
Debtors
5
15,782
7,316
Cash at bank and in hand
351
3,380
16,133
10,696
Creditors: amounts falling due within one year
6
(11,249)
(2,270)
Net current assets
4,884
8,426
Total assets less current liabilities
5,737
9,020
Creditors: amounts falling due after more than one year
7
(5,236)
(5,204)
Net assets
501
3,816
Capital and reserves
Called up share capital
1
1
Profit and loss account
500
3,815
Shareholders' funds
501
3,816
For the year ending 31 December 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 April 2025 and were signed on its behalf by
MR ABDUL SABOOR MAHAR Director Company Registration No. 07354120
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BINAZ LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
BINAZ LTD is a private company, limited by shares, registered in England and Wales, registration number 07354120. The registered office is 3 MELLISH WAY, HORNCHURCH, ESSEX, RM11 2GU.
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:
Fixtures & fittings
20% Straight Line
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2025
594
Additions
259
At 31 December 2025
853
Depreciation
At 31 December 2025
-
Net book value
At 31 December 2025
853
At 31 December 2024
594
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BINAZ LTD Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
8,679
3,962
Other debtors
7,103
3,354
15,782
7,316
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
119
(984)
Trade creditors
9,187
1,927
Taxes and social security
1,943
1,327
11,249
2,270
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,236
5,204
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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