IZZYWORLD LIMITED




Company Registration Number:
05630244 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

IZZYWORLD LIMITED

Company Information
for the Period Ended
31st March 2014




Director: David 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 2014

Notes 2014
£
2013
£
Fixed assets
Tangible assets: 5 3,873 7,747
Total fixed assets: 3,873 7,747
Current assets
Debtors: 6 13,665 14,708
Cash at bank and in hand: 4,591 13,962
Total current assets: 18,256 28,670
Creditors
Creditors: amounts falling due within one year 7 10,277 16,992
Net current assets (liabilities): 7,979 11,678
Total assets less current liabilities: 11,852 19,425
Total net assets (liabilities): 11,852 19,425

The notes form part of these financial statements

IZZYWORLD LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 8 2 2
Profit and Loss account: 11,850 19,423
Total shareholders funds: 11,852 19,425

For the year ending 31 March 2014 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 30 April 2015

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 2014

  • 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% straight-line Motor Vehicles - 25% straight-line

    Other accounting policies

    Taxation Corporation tax payable is provided on taxable profits at the current rate. Cashflow Statement 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.

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 5. Tangible assets

    Total
    Cost £
    At 01st April 2013: 15,495
    At 31st March 2014: 15,495
    Depreciation
    At 01st April 2013: 7,748
    Charge for year: 3,873
    At 31st March 2014: 11,621
    Net book value
    At 31st March 2014: 3,873
    At 31st March 2013: 7,747

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 6. Debtors

    2014
    £
    2013
    £
    Trade debtors: 13,665 14,708
    Total: 13,665 14,708

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 7. Creditors: amounts falling due within one year

    2014
    £
    2013
    £
    Taxation and social security: 10,277 14,723
    Other creditors: - 2,269
    Total: 10,277 16,992

IZZYWORLD LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 8. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2
    Current period 2014
    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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