IZZYWORLD LIMITED




Company Registration Number:
05630244 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2011

End date: 31st March 2012

SUBMITTED

IZZYWORLD LIMITED

Company Information
for the Period Ended
31st March 2012




Director: David Kelly
Company secretary: Joyce Kelly
Registered office: Furnace House Furnace Court
Cleator Moor
Cumbria
CA25 5BX
Company Registration Number: 05630244 (England and Wales)

IZZYWORLD LIMITED

Abbreviated Balance sheet
As at 31st March 2012

Notes 2012
£
2011
£
Fixed assets
Tangible assets: 5 11,621 0
Total fixed assets: 11,621 0
Current assets
Debtors: 6 14,935 15,284
Cash at bank and in hand: 3,370 12,580
Total current assets: 18,305 27,864
Creditors
Creditors: amounts falling due within one year 7 12,393 16,951
Net current assets (liabilities): 5,912 10,913
Total assets less current liabilities: 17,533 10,913
Total net assets (liabilities): 17,533 10,913

The notes form part of these financial statements

IZZYWORLD LIMITED

Abbreviated Balance sheet
As at 31st March 2012
continued

Notes 2012
£
2011
£
Capital and reserves
Called up share capital: 8 2 2
Profit and Loss account: 17,531 10,911
Total shareholders funds: 17,533 10,913

For the year ending 31 March 2012 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 20 December 2012

SIGNED ON BEHALF OF THE BOARD BY:

Name: David Kelly
Status: Director

The notes form part of these financial statements

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2012

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) of the Accounting Standards Board.

    Turnover policy

    Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant & Machinery - 25% Reducing Balance

    Other accounting policies

    The company has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small company. Corporation tax payable is provided on taxable profits at the current rate.

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2012

  • 5. Tangible assets

    Total
    Cost £
    At 01st April 2011: 0
    Additions: 15,495
    At 31st March 2012: 15,495
    Depreciation
    At 01st April 2011: 0
    Charge for year: 3,874
    At 31st March 2012: 3,874
    Net book value
    At 31st March 2012: 11,621
    At 31st March 2011: 0

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2012

  • 6. Debtors

    2012
    £
    2011
    £
    Trade debtors: 14,935 15,142
    Other debtors: - 142
    Total: 14,935 15,284

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2012

  • 7. Creditors: amounts falling due within one year

    2012
    £
    2011
    £
    Trade creditors: 9,625 14,469
    Other creditors: 2,768 2,482
    Total: 12,393 16,951

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2012

  • 8. Called up share capital

    Allotted, called up and paid

    Previous period 2011
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2
    Current period 2012
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2

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