REGISTERED NUMBER: 03980919 (England and Wales)

BARAZZA FINANCIAL

SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 18 OCTOBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P May

SECRETARY:

G Cook

REGISTERED OFFICE:

94 Strathbrook Road

Streatham

London

SW16 3AZ

REGISTERED NUMBER:

03980919 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

CURRENT ASSETS

Debtors

5

10,000

10,000

Cash at bank

122,704

132,514

132,704

142,514

CREDITORS

Amounts falling due within one year

6

7,282

4,982

NET CURRENT ASSETS

125,422

137,532

TOTAL ASSETS LESS CURRENT LIABILITIES

125,422

137,532

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

124,422

136,532

SHAREHOLDERS' FUNDS

125,422

137,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 18 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 18 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 July 2025 and were signed by:

P May - Director

1.	STATUTORY INFORMATION

Barazza Financial Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 19 October 2023

and 18 October 2024

1,140

600

1,740

DEPRECIATION

At 19 October 2023

and 18 October 2024

1,140

600

1,740

NET BOOK VALUE

At 18 October 2024

-

-

-

At 18 October 2023

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

18.10.24

18.10.23

£

£

Other debtors

10,000

10,000

Other debtors includes an amount of £10000 in relation to the director.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

18.10.24

18.10.23

£

£

Directors' current accounts

2,705

463

Accruals and deferred income

4,577

4,519

7,282

4,982

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

18.10.24

18.10.23

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	RELATED PARTY DISCLOSURES