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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
Page
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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
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Izzy Burton Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,944 
1,154 
Current assets
Debtors
7,636 
4,902 
Cash at bank and in hand
91,428 
74,282 
99,064 
79,184 
Creditors: amounts falling due within one year
(38,546)
(38,964)
Net current assets
60,518 
40,220 
Net assets
62,462 
41,374 
Capital and reserves
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
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Izzy Burton Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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
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.
Turnover
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 
£ 
Cost or valuation
At cost 
At 1 January 2023
3,462 
Additions
2,915 
At 31 December 2023
6,377 
Depreciation
At 1 January 2023
2,308 
Charge for the year
2,125 
At 31 December 2023
4,433 
Net book value
At 31 December 2023
1,944 
At 31 December 2022
1,154 
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Izzy Burton Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
159 
136 
Trade debtors
7,477 
4,766 
7,636 
4,902 
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 
Accruals
- 
250 
38,546 
38,964 
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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