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Company Registration No. 14556732 (England and Wales)
Tibzy Ltd Unaudited accounts for the year ended 31 December 2023
Tibzy Ltd Unaudited accounts Contents
Page
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Tibzy Ltd Company Information for the year ended 31 December 2023
Director
Tayyaba Rehman
Company Number
14556732 (England and Wales)
Registered Office
Aquar Dry Cleaners 29 High Street London London SE20 7HJ England
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Tibzy Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
15,000 
Tangible assets
24,600 
39,600 
Current assets
Cash at bank and in hand
2,487 
Creditors: amounts falling due within one year
(14,554)
Net current liabilities
(12,067)
Total assets less current liabilities
27,533 
Creditors: amounts falling due after more than one year
(30,000)
Net liabilities
(2,467)
Capital and reserves
Profit and loss account
(2,467)
Shareholders' funds
(2,467)
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 February 2024 and were signed on its behalf by
Tayyaba Rehman Director Company Registration No. 14556732
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Tibzy Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Tibzy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14556732. The registered office is Aquar Dry Cleaners, 29 High Street, London, London, SE20 7HJ, 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 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:
Plant & machinery
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
- 
Additions
15,000 
At 31 December 2023
15,000 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
15,000 
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Tibzy Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
30,000 
At 31 December 2023
30,000 
Depreciation
Charge for the year
5,400 
At 31 December 2023
5,400 
Net book value
At 31 December 2023
24,600 
6
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
14,554 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Loans from directors
30,000 
8
Average number of employees
During the year the average number of employees was 0.
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