AZIZ CORPORATION LIMITED(THE)

AZIZ CORPORATION LIMITED(THE)

AZIZ CORPORATION LIMITED(THE) - Company Information

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AZIZ CORPORATION LIMITED(THE)

Company Registration Number:
01760853 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

AZIZ CORPORATION LIMITED(THE)

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

AZIZ CORPORATION LIMITED(THE)

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 99,752 73,814
Investments:   0 0
Total fixed assets: 99,752 73,814
Current assets
Stocks: 0 0
Debtors: 4 108,001 117,619
Cash at bank and in hand: 74,629 155,161
Investments:   0 0
Total current assets: 182,630 272,780
Creditors: amounts falling due within one year: 5 (413,482) (461,023)
Net current assets (liabilities): (230,852) (188,243)
Total assets less current liabilities: (131,100) (114,429)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (131,100) (114,429)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (131,200) (114,529)
Shareholders funds: (131,100) (114,429)

The notes form part of these financial statements

AZIZ CORPORATION LIMITED(THE)

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 March 2023
and signed on behalf of the board by:

Name: Khalid Aziz
Status: Director

The notes form part of these financial statements

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 6 6

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 294,721
Additions 42,939
Disposals (27,621)
Revaluations 0
Transfers 0
At 31 December 2022 310,039
Depreciation
At 01 January 2022 220,907
Charge for year 15,135
On disposals (25,755)
Other adjustments 0
At 31 December 2022 210,287
Net book value
At 31 December 2022 99,752
At 31 December 2021 73,814

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Corona Virus Business Loan -£56,008 (£72,001)Trade Creditors - £27,199 (£30,693)Other Taxation & Social Security - £27,560 (£18,999)Other Creditors inc Income to be Released - £302,715 (£339,330)Total - £413,482 (£461,023)

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Loans to directors

At the balance sheet date the company director and shareholder was owed £33,447 by the company (previous year £55,100).

AZIZ CORPORATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The Aziz Corporation paid rent of £17,025 to the SASS pension fund, set up for the benefit of the director (Previous year £60,575).
£
Balance at 01 January 2022 0
Balance at 31 December 2022 0
Name of the related party:
Relationship:
Director
Description of the Transaction: The Aziz Corporation paid rent of £17,025 to the SASS pension fund, set up for the benefit of the director (Previous year £60,575).
£
Balance at 01 January 2022 0
Balance at 31 December 2022 0