Lizzard_Ltd_31_Mar_2020_companies_house_set_of_accounts.html

Lizzard_Ltd_31_Mar_2020_companies_house_set_of_accounts.html


1 April 2019 4.9.0 limited_company_frs_102_section_1a_v1_0_6 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP080081422019-04-012020-03-31080081422020-03-31080081422019-03-3108008142core:WithinOneYear2020-03-3108008142core:WithinOneYear2019-03-3108008142core:ShareCapital2020-03-3108008142core:ShareCapital2019-03-3108008142core:RetainedEarningsAccumulatedLosses2020-03-3108008142core:RetainedEarningsAccumulatedLosses2019-03-3108008142bus:Director12019-04-012020-03-3108008142bus:Director22019-04-012020-03-3108008142bus:RegisteredOffice2019-04-012020-03-3108008142core:PlantMachinery2019-04-0108008142core:PlantMachinery2019-04-012020-03-3108008142core:PlantMachinery2020-03-3108008142core:PlantMachinery2019-03-310800814212019-04-012020-03-31080081422018-04-012019-03-3108008142countries:EnglandWales2019-04-012020-03-3108008142bus:AuditExemptWithAccountantsReport2019-04-012020-03-3108008142bus:PrivateLimitedCompanyLtd2019-04-012020-03-3108008142bus:SmallEntities2019-04-012020-03-3108008142bus:FullAccounts2019-04-012020-03-31
Company registration number:
08008142
Lizzard Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2020
Ledgers MK
Suite 428, 39A Barton Road, Water Eaton, Buckinghamshire, MK2 3HW, United Kingdom
Lizzard Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Lizzard Ltd
Year ended
31 March 2020
As described on the statement of financial position, the Board of Directors of
Lizzard Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 March 2020
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Ledgers MK
Suite 428
39A Barton Road
Water Eaton
Buckinghamshire
MK2 3HW
United Kingdom
Date:
8 December 2020
Lizzard Ltd
Statement of Financial Position
31 March 2020
20202019
Note££
Fixed assets    
Tangible assets 4
15,707
 
22,527
 
Current assets    
Stocks
1,520
 
1,497
 
Debtors 5
30,910
 
45,441
 
Cash at bank and in hand
20,020
 
87,189
 
52,450
 
134,127
 
Creditors: amounts falling due within one year 6
(51,655
)
(63,927
)
Net current assets
795
 
70,200
 
Total assets less current liabilities 16,502   92,727  
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
16,500
 
92,725
 
Shareholders funds
16,502
 
92,727
 
For the year ending
31 March 2020
, 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 year 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.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
8 December 2020
, and are signed on behalf of the board by:
Mr Christian Lee
Mr Neil Knight
DirectorDirector
Company registration number:
08008142
Lizzard Ltd
Notes to the Financial Statements
Year ended
31 March 2020

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 97 Caxton Court
,
Garamonde Drive
,
Wymbush
,
Buckinghamshire
,
MK8 8DD
, United Kingdom.

2 Accounting policies

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 stocks to their present location and condition.

3 Average number of employees

The average number of persons employed by the company during the year was Nil (2019: Nil).

4 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2019
55,401
 
Disposals
(6,425
)
At
31 March 2020
48,976
 
Depreciation  
At
1 April 2019
32,874
 
Charge
5,236
 
Disposals
(4,841
)
At
31 March 2020
33,269
 
Carrying amount  
At
31 March 2020
15,707
 
At 31 March 2019
22,527
 

5 Debtors

20202019
££
Trade debtors
23,852
 
41,527
 
Other debtors
7,058
 
3,914
 
30,910
 
45,441
 

6 Creditors: amounts falling due within one year

20202019
££
Trade creditors
25,875
 
21,485
 
Taxation and social security
6,950
 
20,415
 
Other creditors
18,830
 
22,027
 
51,655
 
63,927