IZZO GOOD LTD

IZZO GOOD LTD

IZZO GOOD LTD - Company Information

Print Friendly Version

IZZO GOOD LTD

Company Registration Number:
08386012 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

IZZO GOOD LTD

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

IZZO GOOD LTD

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 4,935 7,235
Tangible assets: 4 16,880 18,889
Total fixed assets: 21,815 26,124
Current assets
Stocks: 4,500 5,000
Debtors:   68,403 0
Cash at bank and in hand: 91,411 11,037
Total current assets: 164,314 16,037
Creditors: amounts falling due within one year:   (105,041) (33,606)
Net current assets (liabilities): 59,273 (17,569)
Total assets less current liabilities: 81,088 8,555
Total net assets (liabilities): 81,088 8,555
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 80,988 8,455
Shareholders funds: 81,088 8,555

The notes form part of these financial statements

IZZO GOOD LTD

Balance sheet statements

For the year ending 31 March 2021 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 28 December 2021
and signed on behalf of the board by:

Name: J Izzo
Status: Director

The notes form part of these financial statements

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 12 9

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 22,999
At 31 March 2021 22,999
Amortisation
At 01 April 2020 15,764
Charge for year 2,300
At 31 March 2021 18,064
Net book value
At 31 March 2021 4,935
At 31 March 2020 7,235

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 55,784
Additions 8,505
At 31 March 2021 64,289
Depreciation
At 01 April 2020 36,895
Charge for year 10,514
At 31 March 2021 47,409
Net book value
At 31 March 2021 16,880
At 31 March 2020 18,889

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Loans to directors

Name of director receiving advance or credit: J Izzo
Description of the loan: Interest free loan to the director
£
Balance at 01 April 2020 0
Advances or credits made: 6,500
Advances or credits repaid: 2,400
Balance at 31 March 2021 4,100
Name of director receiving advance or credit: R W Izzo
Description of the loan: Interest free loan to the director.
£
Balance at 01 April 2020 0
Advances or credits made: 6,500
Advances or credits repaid: 2,400
Balance at 31 March 2021 4,100