Zizzio Ltd 11733180 false 2022-01-01 2022-12-31 2022-12-31 The principal activity of the company is development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true 11733180 2022-01-01 2022-12-31 11733180 2022-12-31 11733180 core:ShareCapital 2022-12-31 11733180 core:CurrentFinancialInstruments 2022-12-31 11733180 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 11733180 bus:SmallEntities 2022-01-01 2022-12-31 11733180 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 11733180 bus:FullAccounts 2022-01-01 2022-12-31 11733180 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 11733180 bus:RegisteredOffice 2022-01-01 2022-12-31 11733180 bus:Director1 2022-01-01 2022-12-31 11733180 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11733180 countries:EnglandWales 2022-01-01 2022-12-31 11733180 2021-01-01 2021-12-31 11733180 2021-12-31 11733180 core:ShareCapital 2021-12-31 11733180 core:CurrentFinancialInstruments 2021-12-31 11733180 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 11733180

Zizzio Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2022

 

Zizzio Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Zizzio Ltd

(Registration number: 11733180)
Balance Sheet as at 31 December 2022

Note

2022
£

2021
£

Current assets

 

Stocks

4

106,000

-

Debtors

5

1

1

Cash at bank and in hand

 

75,000

-

 

181,001

1

Creditors: Amounts falling due within one year

6

(181,000)

-

Net assets

 

1

1

Capital and reserves

 

Called up share capital

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 October 2023
 

.........................................
Mr Gavin Patrick Donlon
Director

 

Zizzio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Greystone Newcastle Road
Baldwins Gate
Newcastle Under Lyme
Staffs
ST5 5DA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Zizzio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

4

Stocks

2022
£

2021
£

Work in progress

106,000

-

5

Debtors

Current

2022
£

2021
£

Other debtors

1

1

6

Creditors

Creditors: amounts falling due within one year

Note

2022
£

2021
£

Due within one year

 

Amounts owed to related parties

141,000

-

Other creditors

 

40,000

-

 

181,000

-