Mazaya Marketing Support Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11106980 (England and Wales)

MAZAYA MARKETING SUPPORT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G L Botha

J J Burton

REGISTERED OFFICE:

Sidings House

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

REGISTERED NUMBER:

11106980 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,432

3,724

CURRENT ASSETS

Debtors

62,143

57,856

Cash at bank

1,832

2,262

63,975

60,118

CREDITORS

Amounts falling due within one year

99,324

74,798

NET CURRENT LIABILITIES

(35,349

)

(14,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,917

)

(10,956

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(31,919

)

(10,958

)

(31,917

)

(10,956

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2020 and were signed on its behalf by:

J J Burton - Director

1.	STATUTORY INFORMATION

Mazaya Marketing Support Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 3 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Going concern

At the year end, the company had net liabilities of £31,917, (2018 - £10,956). The company continues to rely on

the support of the directors and shareholders. On the basis that they have indicated they are willing to continue

to provide that support for the foreseeable future, the directors consider it appropriate to prepare the financial

statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2018 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2019

4,515

Additions

1,466

At 31 December 2019

5,981

DEPRECIATION

At 1 January 2019

791

Charge for year

1,758

At 31 December 2019

2,549

NET BOOK VALUE

At 31 December 2019

3,432

At 31 December 2018

3,724

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2019

2018

£

£

Within one year

45,000

31,500