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Company Registration No. 07230607 (England and Wales)
Sabizu Business Services Limited Unaudited accounts for the year ended 31 May 2023
Sabizu Business Services Limited Unaudited accounts Contents
Page
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Sabizu Business Services Limited Company Information for the year ended 31 May 2023
Director
Sabestine Chidi Izunobi
Company Number
07230607 (England and Wales)
Registered Office
386 LEA BRIDGE ROAD HIGH BENTHAM LEYTON LONDON E10 7DY ENGLAND
Accountants
Kingsford Financial Services 37 Elstree Gardens London N9 8QY
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Sabizu Business Services Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
(907)
(907)
Current assets
Cash at bank and in hand
41 
41 
Creditors: amounts falling due within one year
(19,098)
(19,098)
Net current liabilities
(19,057)
(19,057)
Total assets less current liabilities
(19,964)
(19,964)
Creditors: amounts falling due after more than one year
(12,500)
(12,500)
Net liabilities
(32,464)
(32,464)
Capital and reserves
Called up share capital
10,000 
10,000 
Capital contribution reserve
(379)
(379)
Profit and loss account
(42,085)
(42,085)
Shareholders' funds
(32,464)
(32,464)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 20 February 2024 and were signed on its behalf by
Sabestine Chidi Izunobi Director Company Registration No. 07230607
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Sabizu Business Services Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Sabizu Business Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07230607. The registered office is 386 LEA BRIDGE ROAD, HIGH BENTHAM, LEYTON, LONDON, E10 7DY, 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.
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.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
- 
At 31 May 2023
- 
Depreciation
At 1 June 2022
907 
At 31 May 2023
907 
Net book value
At 31 May 2023
(907)
At 31 May 2022
(907)
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
19,098 
19,098 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
12,500 
12,500 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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