Company Registration No. 13057719 (England and Wales)
Izzy Burton Ltd
Unaudited accounts
for the year ended 31 December 2023
Izzy Burton Ltd
Unaudited accounts
Contents
Izzy Burton Ltd
Company Information
for the year ended 31 December 2023
Director
Isabella Joy Burton
Company Number
13057719 (England and Wales)
Registered Office
Flat 3, 21 Lansdowne Place
Hove
BN3 1HF
England
Accountants
Accounts Studio Ltd
20-22 Wenlock Road
London
N1 7GU
Izzy Burton Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
1,944
1,154
Cash at bank and in hand
91,428
74,282
Creditors: amounts falling due within one year
(38,546)
(38,964)
Net current assets
60,518
40,220
Called up share capital
1
100
Profit and loss account
62,461
41,274
Shareholders' funds
62,462
41,374
For the year ending 31 December 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 her 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 2 April 2024 and were signed on its behalf by
Isabella Joy Burton
Director
Company Registration No. 13057719
Izzy Burton Ltd
Notes to the Accounts
for the year ended 31 December 2023
Izzy Burton Ltd is a private company, limited by shares, registered in England and Wales, registration number 13057719. The registered office is Flat 3, 21 Lansdowne Place, Hove, BN3 1HF, England.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Computer equipment
Izzy Burton Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,310
26,600
Loans from directors
23,236
12,114
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Average number of employees
During the year the average number of employees was 1 (2022: 0).