GOZ LTD - Filleted accounts

Registered number

10409378

GOZ LTD

Filleted Accounts

31 October 2025

GOZ LTD
Registered number:		10409378
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		124,737			150,917

Current assets
Stocks		54,396			37,896
Debtors	4	1,152			16,132
Cash at bank and in hand		26,840			13,565
		82,388			67,593

Creditors: amounts falling due within one year	5	(122,540)			(112,054)

Net current liabilities			(40,152)			(44,461)

Total assets less current liabilities			84,585			106,456

Creditors: amounts falling due after more than one year	6		(72,518)			(104,146)



Net assets			12,067			2,310

Capital and reserves
Called up share capital			1			1
Profit and loss account			12,066			2,309

Shareholder's funds			12,067			2,310

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Zeki Iyiguven
Director
Approved by the board on 3 August 2026

GOZ LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			over 5 years
	Plant and machinery			over 5 years
	Motor vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					9		9


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	32,040		160,010		68,283		260,333
	Additions	5,005		-		-		5,005
	At 31 October 2025	37,045		160,010		68,283		265,338

	Depreciation
	At 1 November 2024	24,452		48,335		36,629		109,416
	Charge for the year	2,519		22,335		6,331		31,185
	At 31 October 2025	26,971		70,670		42,960		140,601

	Net book value
	At 31 October 2025	10,074		89,340		25,323		124,737
	At 31 October 2024	7,588		111,675		31,654		150,917


4	Debtors					2025		2024
£							£

	Trade debtors					(8,848)		6,132
	Other debtors					10,000		10,000
						1,152		16,132


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					104,820		80,399
	Taxation and social security costs					542		(8,314)
	Other creditors					17,178		39,969
						122,540		112,054


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					68,536		95,758
	Obligations under finance lease and hire purchase contracts					3,877		4,096
	Other creditors					105		4,292
						72,518		104,146


7	Other information

	GOZ LTD is a private company limited by shares and incorporated in England. Its registered office is:
	105 Brantwood Road
	Tottenham
	London
	UK
	N17 0DX