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 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

IZZO GOOD LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

IZZO GOOD LTD

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Intangible assets: 3 336 2,636
Tangible assets: 4 9,019 15,080
Total fixed assets: 9,355 17,716
Current assets
Stocks: 4,235 3,500
Debtors:   90,985 141,440
Cash at bank and in hand: 6,725 13,279
Total current assets: 101,945 158,219
Creditors: amounts falling due within one year:   (43,709) (51,552)
Net current assets (liabilities): 58,236 106,667
Total assets less current liabilities: 67,591 124,383
Creditors: amounts falling due after more than one year:   (52,083) (99,018)
Total net assets (liabilities): 15,508 25,365
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 15,408 25,265
Shareholders funds: 15,508 25,365

The notes form part of these financial statements

IZZO GOOD LTD

Balance sheet statements

For the year ending 31 March 2023 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 30 December 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 2023

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 2023

2. Employees

2023 2022
Average number of employees during the period 11 10

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 22,999
At 31 March 2023 22,999
Amortisation
At 01 April 2022 20,363
Charge for year 2,300
At 31 March 2023 22,663
Net book value
At 31 March 2023 336
At 31 March 2022 2,636

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 75,777
At 31 March 2023 75,777
Depreciation
At 01 April 2022 60,697
Charge for year 6,061
At 31 March 2023 66,758
Net book value
At 31 March 2023 9,019
At 31 March 2022 15,080

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Loans to directors

Name of director receiving advance or credit: J Izzo
Description of the loan: Interest free, short term loan to the director.
£
Balance at 01 April 2022 0
Advances or credits made: 7,150
Advances or credits repaid: 0
Balance at 31 March 2023 7,150
Name of director receiving advance or credit: R Izzo
Description of the loan: Interest free, short term loan to the director.
£
Balance at 01 April 2022 0
Advances or credits made: 7,150
Advances or credits repaid: 0
Balance at 31 March 2023 7,150

IZZO GOOD LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

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 money to and paid costs on behalf of The Griffin Amersham Ltd. Some of this loan was repaid to the company during the year.
£
Balance at 01 April 2022 129,242
Balance at 31 March 2023 63,941