BAZA Retail Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05962066

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,477		16,015

			17,477		16,015
CURRENT ASSETS
Stocks	5	140,086		59,926
Debtors	6	417,105		171,939
Cash at bank and in hand		34,095		18,372

		591,286		250,237
Creditors: Amounts Falling Due Within One Year	7	(469,432 )		(338,653 )

NET CURRENT ASSETS (LIABILITIES)			121,854		(88,416 )

TOTAL ASSETS LESS CURRENT LIABILITIES			139,331		(72,401 )

Creditors: Amounts Falling Due After More Than One Year	8		(172,562 )		(72,067 )

NET LIABILITIES			(33,231 )		(144,468 )

CAPITAL AND RESERVES
Called up share capital	9		100,100		100,100
Profit and Loss Account			(133,331 )		(244,568 )

SHAREHOLDERS' FUNDS			(33,231)		(144,468)

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BAZA Retail Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Oleh Hodovanets

Director

30/10/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

BAZA Retail Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05962066 . The registered office is Unit 8, Bankside Park Industrial Estate, 28 Thames Road, Barking, IG11 0HZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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BAZA Retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	128,211	77,544	1,672	207,427
Additions	-	7,287	-	7,287

As at 31 October 2025	128,211	84,831	1,672	214,714

Depreciation
As at 1 November 2024	123,818	66,683	911	191,412
Provided during the period	1,098	4,537	190	5,825

As at 31 October 2025	124,916	71,220	1,101	197,237

Net Book Value
As at 31 October 2025	3,295	13,611	571	17,477

As at 1 November 2024	4,393	10,861	761	16,015

5. Stocks

	2025	2024
	£	£
Stock	140,086	59,926

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BAZA Retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	82,762	53,004
Prepayments and accrued income	27,363	29,347
Other short term debtors	6,758	4,573
VAT control account	16,864	12,442
Amounts owed by associated companies	206,660	44,041

	340,407	143,407
Due after more than one year
Deposits for premises	76,698	28,532

	417,105	171,939

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	341,584	255,544
Bank loans and overdrafts	700	47,607
Other taxes and social security	31,617	23,898
Net wages	25,733	1,365
Company Credit Cards	8,467	8,815
Pension Scheme	195	-
Accruals and deferred income	61,136	1,424

	469,432	338,653

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	27,047	32,599
Other loans	60,000	-
Other creditors	20,000	-
Tenants deposits for premises (Long term liabilities - creditors > 1 year)	1,902	1,902
Shareholder's Loan	63,613	37,566

	172,562	72,067

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BAZA Retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100

Preference Shares

	2025	2024
Allotted, called up and fully paid	£	£
10,000 Preference Shares of £ 10.000 each	100,000	100,000

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