2022-08-012023-07-312023-07-31false05865274BIZITSHOP.COM LTD2024-01-3062090iso4217:GBPxbrli:pure058652742022-08-01058652742023-07-31058652742022-08-012023-07-31058652742021-08-01058652742022-07-31058652742021-08-012022-07-3105865274bus:SmallEntities2022-08-012023-07-3105865274bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3105865274bus:AbridgedAccounts2022-08-012023-07-3105865274bus:PrivateLimitedCompanyLtd2022-08-012023-07-3105865274core:WithinOneYear2023-07-3105865274core:AfterOneYear2023-07-3105865274core:WithinOneYear2022-07-3105865274core:AfterOneYear2022-07-3105865274core:ShareCapital2023-07-3105865274core:SharePremium2023-07-3105865274core:RevaluationReserve2023-07-3105865274core:OtherReservesSubtotal2023-07-3105865274core:RetainedEarningsAccumulatedLosses2023-07-3105865274core:ShareCapital2022-07-3105865274core:SharePremium2022-07-3105865274core:RevaluationReserve2022-07-3105865274core:OtherReservesSubtotal2022-07-3105865274core:RetainedEarningsAccumulatedLosses2022-07-3105865274core:LandBuildings2023-07-3105865274core:PlantMachinery2023-07-3105865274core:Vehicles2023-07-3105865274core:FurnitureFittings2023-07-3105865274core:OfficeEquipment2023-07-3105865274core:NetGoodwill2023-07-3105865274core:IntangibleAssetsOtherThanGoodwill2023-07-3105865274core:ListedExchangeTraded2023-07-3105865274core:UnlistedNon-exchangeTraded2023-07-3105865274core:LandBuildings2022-07-3105865274core:PlantMachinery2022-07-3105865274core:Vehicles2022-07-3105865274core:FurnitureFittings2022-07-3105865274core:OfficeEquipment2022-07-3105865274core:NetGoodwill2022-07-3105865274core:IntangibleAssetsOtherThanGoodwill2022-07-3105865274core:ListedExchangeTraded2022-07-3105865274core:UnlistedNon-exchangeTraded2022-07-3105865274core:LandBuildings2022-08-012023-07-3105865274core:PlantMachinery2022-08-012023-07-3105865274core:Vehicles2022-08-012023-07-3105865274core:FurnitureFittings2022-08-012023-07-3105865274core:OfficeEquipment2022-08-012023-07-3105865274core:NetGoodwill2022-08-012023-07-3105865274core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3105865274core:ListedExchangeTraded2022-08-012023-07-3105865274core:UnlistedNon-exchangeTraded2022-08-012023-07-3105865274core:MoreThanFiveYears2022-08-012023-07-3105865274core:Non-currentFinancialInstruments2023-07-3105865274core:Non-currentFinancialInstruments2022-07-3105865274dpl:CostSales2022-08-012023-07-3105865274dpl:DistributionCosts2022-08-012023-07-3105865274core:LandBuildings2022-08-012023-07-3105865274core:PlantMachinery2022-08-012023-07-3105865274core:Vehicles2022-08-012023-07-3105865274core:FurnitureFittings2022-08-012023-07-3105865274core:OfficeEquipment2022-08-012023-07-3105865274dpl:AdministrativeExpenses2022-08-012023-07-3105865274core:NetGoodwill2022-08-012023-07-3105865274core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3105865274dpl:GroupUndertakings2022-08-012023-07-3105865274dpl:ParticipatingInterests2022-08-012023-07-3105865274dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3105865274core:ListedExchangeTraded2022-08-012023-07-3105865274dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3105865274core:UnlistedNon-exchangeTraded2022-08-012023-07-3105865274dpl:CostSales2021-08-012022-07-3105865274dpl:DistributionCosts2021-08-012022-07-3105865274core:LandBuildings2021-08-012022-07-3105865274core:PlantMachinery2021-08-012022-07-3105865274core:Vehicles2021-08-012022-07-3105865274core:FurnitureFittings2021-08-012022-07-3105865274core:OfficeEquipment2021-08-012022-07-3105865274dpl:AdministrativeExpenses2021-08-012022-07-3105865274core:NetGoodwill2021-08-012022-07-3105865274core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3105865274dpl:GroupUndertakings2021-08-012022-07-3105865274dpl:ParticipatingInterests2021-08-012022-07-3105865274dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3105865274core:ListedExchangeTraded2021-08-012022-07-3105865274dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3105865274core:UnlistedNon-exchangeTraded2021-08-012022-07-3105865274core:NetGoodwill2023-07-3105865274core:IntangibleAssetsOtherThanGoodwill2023-07-3105865274core:LandBuildings2023-07-3105865274core:PlantMachinery2023-07-3105865274core:Vehicles2023-07-3105865274core:FurnitureFittings2023-07-3105865274core:OfficeEquipment2023-07-3105865274core:AfterOneYear2023-07-3105865274core:WithinOneYear2023-07-3105865274core:ListedExchangeTraded2023-07-3105865274core:UnlistedNon-exchangeTraded2023-07-3105865274core:ShareCapital2023-07-3105865274core:SharePremium2023-07-3105865274core:RevaluationReserve2023-07-3105865274core:OtherReservesSubtotal2023-07-3105865274core:RetainedEarningsAccumulatedLosses2023-07-3105865274core:NetGoodwill2022-07-3105865274core:IntangibleAssetsOtherThanGoodwill2022-07-3105865274core:LandBuildings2022-07-3105865274core:PlantMachinery2022-07-3105865274core:Vehicles2022-07-3105865274core:FurnitureFittings2022-07-3105865274core:OfficeEquipment2022-07-3105865274core:AfterOneYear2022-07-3105865274core:WithinOneYear2022-07-3105865274core:Liste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BIZITSHOP.COM LTD

Registered Number
05865274
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

BIZITSHOP.COM LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Director

LADDS, Darren John

Company Secretary

BAGNALL, Nursen

Registered Address

17 Howbery Farm
Crowmarsh Gifford
Wallingford
OX10 8NR

Registered Number

05865274 (England and Wales)
BIZITSHOP.COM LTD
Statement of Financial Position
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5255340
255340
Current assets
Stocks195,117172,672
Debtors-1,037
Cash at bank and on hand15,6411,197
210,758174,906
Creditors amounts falling due within one year6(9,673)(4,507)
Net current assets (liabilities)201,085170,399
Total assets less current liabilities201,340170,739
Creditors amounts falling due after one year7(655,056)(608,013)
Net assets(453,716)(437,274)
Capital and reserves
Called up share capital1,0001,000
Revaluation reserve300,000300,000
Profit and loss account(754,716)(738,274)
Shareholders' funds(453,716)(437,274)
The financial statements were approved and authorised for issue by the Director on 30 January 2024, and are signed on its behalf by:
LADDS, Darren John
Director
Registered Company No. 05865274
BIZITSHOP.COM LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Vehicles25
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year11
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 August 225,447
At 31 July 235,447
Depreciation and impairment
At 01 August 225,108
Charge for year84
At 31 July 235,193
Net book value
At 31 July 23255
At 31 July 22340
6.Creditors within one year

2023

2022

££
Trade creditors / trade payables4,8812,196
Taxation and social security2,38177
Other creditors2,4112,234
Total9,6734,507
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts35,31242,391
Other creditors619,744565,622
Total655,056608,013