IZZIE & OLLIE LTD

Company Registration Number:
11880329 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

IZZIE & OLLIE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

IZZIE & OLLIE LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 2,540,208 1,282,253
Tangible assets: 4 267,575 326,244
Investments:   0 0
Total fixed assets: 2,807,783 1,608,497
Current assets
Stocks: 2,650,660 2,044,479
Debtors:   929,138 686,748
Cash at bank and in hand: 95,492 46,439
Investments:   0 0
Total current assets: 3,675,290 2,777,666
Creditors: amounts falling due within one year:   (4,037,454) (2,997,500)
Net current assets (liabilities): (362,164) (219,834)
Total assets less current liabilities: 2,445,619 1,388,663
Creditors: amounts falling due after more than one year:   (2,411,905) (1,364,154)
Provision for liabilities: 0 0
Total net assets (liabilities): 33,714 24,509
Capital and reserves
Called up share capital: 150 144
Share premium account: 1,239,544 474,556
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,205,980) (450,191)
Shareholders funds: 33,714 24,509

The notes form part of these financial statements

IZZIE & OLLIE LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 August 2024
and signed on behalf of the board by:

Name: Geoffroy Willem Joseph van Sonsbeeck
Status: Director

The notes form part of these financial statements

IZZIE & OLLIE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IZZIE & OLLIE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 48 48

IZZIE & OLLIE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 1,381,205
Additions 1,307,039
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 2,688,244
Amortisation
At 01 January 2023 98,952
Charge for year 49,084
On disposals 0
At 31 December 2023 148,036
Net book value
At 31 December 2023 2,540,208
At 31 December 2022 1,282,253

IZZIE & OLLIE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 466,443
Additions 33,830
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 500,273
Depreciation
At 01 January 2023 140,199
Charge for year 92,499
On disposals 0
Other adjustments 0
At 31 December 2023 232,698
Net book value
At 31 December 2023 267,575
At 31 December 2022 326,244

IZZIE & OLLIE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Post balance sheet events

Post year-end the company has so far issued £171,125 in new ordinary shares at a £18.3m pre money valuation and signed a £710k working capital facility to refinance the balance sheet.