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Company Registration No. SC622126 (Scotland)
BIZU LIMITED Unaudited accounts for the year ended 28 February 2023
BIZU LIMITED Unaudited accounts Contents
Page
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BIZU LIMITED Company Information for the year ended 28 February 2023
Director
Mr David Hanson
Company Number
SC622126 (Scotland)
Registered Office
18 HILTON COURT SALTCOATS KA21 6HX SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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BIZU LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
106,000 
106,000 
Current assets
Cash at bank and in hand
616 
552 
Creditors: amounts falling due within one year
(24,641)
(25,915)
Net current liabilities
(24,025)
(25,363)
Total assets less current liabilities
81,975 
80,637 
Creditors: amounts falling due after more than one year
(82,010)
(82,010)
Net liabilities
(35)
(1,373)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(37)
(1,375)
Shareholders' funds
(35)
(1,373)
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 November 2023 and were signed on its behalf by
Mr David Hanson Director Company Registration No. SC622126
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BIZU LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
BIZU LIMITED is a private company, limited by shares, registered in Scotland, registration number SC622126. The registered office is 18 HILTON COURT, SALTCOATS, KA21 6HX, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
106,000 
At 28 February 2023
106,000 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
106,000 
At 28 February 2022
106,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
600 
Other creditors
1,202 
178 
Loans from directors
23,079 
24,777 
Accruals
360 
360 
24,641 
25,915 
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BIZU LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
82,010 
82,010 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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