Scuzi Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12951084

Scuzi Limited

Filleted Unaudited Financial Statements

28 December 2025

Scuzi Limited

Statement of Financial Position

28 December 2025

	28 Dec 25	29 Dec 24
Note	£	£

Fixed Assets

Tangible assets	5	426,954	584,147

Current Assets

Stocks		168,967	174,501
Debtors	6	182,000	168,082
Cash at bank and in hand		555,293	345,060
		---------	---------
		906,260	687,643

Creditors: amounts falling due within one year	7	( 734,357)	( 608,512)
		---------	---------
Net Current Assets		171,903	79,131
		---------	---------
Total Assets Less Current Liabilities		598,857	663,278

Creditors: amounts falling due after more than one year	8	( 645,187)	( 763,437)
		---------	---------
Net Liabilities		( 46,330)	( 100,159)
		---------	---------

Capital and Reserves

Called up share capital	100	100
Profit and loss account	( 46,430)	( 100,259)
	--------	---------
Shareholders Deficit	( 46,330)	( 100,159)
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the period ending 28 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Scuzi Limited

Statement of Financial Position (continued)

28 December 2025

These financial statements were approved by the board of directors and authorised for issue on 21 September 2026 , and are signed on behalf of the board by:

Mr Mehdi Gashi

Director

Company registration number: 12951084

Scuzi Limited

Notes to the Financial Statements

Period from 30 December 2024 to 28 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 4, 34a Waterloo Road, London, NW2 7UH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% reducing balance
Equipment	-	33% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 49 (2024: 53 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 30 December 2024	853,823	65,005	918,828
Additions	18,704	6,687	25,391
	---------	--------	---------
At 28 December 2025	872,527	71,692	944,219
	---------	--------	---------
Depreciation
At 30 December 2024	295,240	39,441	334,681
Charge for the period	167,914	14,670	182,584
	---------	--------	---------
At 28 December 2025	463,154	54,111	517,265
	---------	--------	---------
Carrying amount
At 28 December 2025	409,373	17,581	426,954
	---------	--------	---------
At 29 December 2024	558,583	25,564	584,147
	---------	--------	---------

6. Debtors

	28 Dec 25	29 Dec 24
	£	£
Other debtors	182,000	168,082
	---------	---------

7. Creditors: amounts falling due within one year

	28 Dec 25	29 Dec 24
	£	£
Trade creditors	272,774	156,786
Social security and other taxes	220,750	233,030
Other creditors	240,833	218,696
	---------	---------
	734,357	608,512
	---------	---------

8. Creditors: amounts falling due after more than one year

	28 Dec 25	29 Dec 24
	£	£
Other creditors	645,187	763,437
	---------	---------

9. Directors' advances, credits and guarantees

During the period the directors entered into the following advances and credits with the company:

	28 Dec 25
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr Jonathan Samuel Kaye	( 650,000)	100,000	( 550,000)
	---------	---------	---------

	29 Dec 24
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr Jonathan Samuel Kaye	( 500,000)	( 150,000)	( 650,000)
	---------	---------	---------