NAZALI CONSULTANCY LIMITED - Filleted accounts

Registered number

12058493

NAZALI CONSULTANCY LIMITED

Filleted Accounts

31 March 2026

NAZALI CONSULTANCY LIMITED
Registered number:		12058493
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		4,505			6,864
Investments	4		1,500			1,500
			6,005			8,364

Current assets
Debtors	5	248,680			171,782
Cash at bank and in hand		9,249			6,612
		257,929			178,394

Creditors: amounts falling due within one year	6	(252,073)			(185,967)

Net current assets/(liabilities)			5,856			(7,573)

Total assets less current liabilities			11,861			791

Creditors: amounts falling due after more than one year	7		-			(312)



Net assets			11,861			479

Capital and reserves
Called up share capital			1			1
Profit and loss account			11,860			478

Shareholder's funds			11,861			479

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.




Selahattin Cagri TUZUNER
Director
Approved by the board on 4 September 2026

NAZALI CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 March 2026

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:
	Plant and machinery			over 5 years
	Computers and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	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.



	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits and Pensions
	The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					11		10

3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 April 2025							13,398
	Additions							321
	At 31 March 2026							13,719

	Depreciation
	At 1 April 2025							6,534
	Charge for the year							2,680
	At 31 March 2026							9,214

	Net book value
	At 31 March 2026							4,505
	At 31 March 2025							6,864



4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2025							1,500

	At 31 March 2026							1,500
	Investment in Subsidiary: The company holds the following investment in a subsidiary: Name of subsidiary: Southstone Danismanlik Ve Ticaret A.S. Registered office: Esentepe Mah. Harman 1 Sok. Harmanci Giz Plaza No. 5, Interior Door No. 28, Sisli, Istanbul, Turkey. Shares Held: 100% Principal Activity: The principal activity of Southstone Danismanlik Ve Ticaret A.S. is the provision of business and administrative consultancy services, including strategic, financial, marketing, production, business process and project management consultancy, as well as consultancy relating to trademarks and concessions.



5	Debtors					2026		2025
£							£

	Trade debtors					64,763		40,983
	Other debtors					183,917		130,799
						248,680		171,782



6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					44,450		4,000
	Trade creditors					16,157		20,177
	Taxation and social security costs					155,871		151,134
	Other creditors					35,595		10,656
						252,073		185,967



7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		312




8	Loans to directors
	Advances or credits have been granted by the directors to the company as follows:
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£

	Ersin NAZALI Resigned on 15 August 2026	3		(311,104)		318,759		7,658

		3		(311,104)		318,759		7,658


9	Other information

	NAZALI CONSULTANCY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	106 Great Portland Street
	2nd Floor
	London
	W1W 6PF