IZZO GOOD LTD

IZZO GOOD LTD

IZZO GOOD LTD - Company Information

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IZZO GOOD LTD

Company Registration Number:
08386012 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

IZZO GOOD LTD

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

IZZO GOOD LTD

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 2,636 4,935
Tangible assets: 4 15,080 16,880
Total fixed assets: 17,716 21,815
Current assets
Stocks: 3,500 4,500
Debtors:   141,440 68,403
Cash at bank and in hand: 13,279 91,411
Total current assets: 158,219 164,314
Creditors: amounts falling due within one year:   (51,552) (63,374)
Net current assets (liabilities): 106,667 100,940
Total assets less current liabilities: 124,383 122,755
Creditors: amounts falling due after more than one year:   (99,018) (41,667)
Total net assets (liabilities): 25,365 81,088
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 25,265 80,988
Shareholders funds: 25,365 81,088

The notes form part of these financial statements

IZZO GOOD LTD

Balance sheet statements

For the year ending 31 March 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 31 March 2023
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 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 10 9

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible Assets

Total
Cost £
At 01 April 2021 22,999
At 31 March 2022 22,999
Amortisation
At 01 April 2021 18,064
Charge for year 2,299
At 31 March 2022 20,363
Net book value
At 31 March 2022 2,636
At 31 March 2021 4,935

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

Total
Cost £
At 01 April 2021 64,289
Additions 11,488
At 31 March 2022 75,777
Depreciation
At 01 April 2021 47,409
Charge for year 13,288
At 31 March 2022 60,697
Net book value
At 31 March 2022 15,080
At 31 March 2021 16,880

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

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 2021 4,100
Advances or credits repaid: 4,100
Balance at 31 March 2022 0
Name of director receiving advance or credit: R Izzo
Description of the loan: Interest free loan to the director.
£
Balance at 01 April 2021 4,100
Advances or credits repaid: 4,100
Balance at 31 March 2022 0

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Related party transactions

Name of the related party: The Griffin Amersham Ltd
Relationship:
Common directors and persons with significant control.
Description of the Transaction: During the year the company loaned moneyto and paid costs on behalf of The Griffin Amersham Ltd.
£
Balance at 01 April 2021 54,041
Balance at 31 March 2022 129,242