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REGISTERED NUMBER: 06416601 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2023

FOR

BIZSINERGY LTD.

BIZSINERGY LTD. (REGISTERED NUMBER: 06416601)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BIZSINERGY LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr H Yep
Ms J F Manzano





SECRETARY: Mr H Yep





REGISTERED OFFICE: 30 Hildenbrook Farm
Riding Lane
Hildenborough
Kent
TN11 9JN





REGISTERED NUMBER: 06416601 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

BIZSINERGY LTD. (REGISTERED NUMBER: 06416601)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 2,457 1,095

CURRENT ASSETS
Debtors 105,290 65,316
Investments 32,515 22,322
Cash at bank 69,230 74,666
207,035 162,304
CREDITORS
Amounts falling due within one year 209,471 161,867
NET CURRENT (LIABILITIES)/ASSETS (2,436 ) 437
TOTAL ASSETS LESS CURRENT
LIABILITIES

21

1,532

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Fair value reserve (1,426 ) -
Retained earnings 447 532
SHAREHOLDERS' FUNDS 21 1,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BIZSINERGY LTD. (REGISTERED NUMBER: 06416601)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





Mr H Yep - Director


BIZSINERGY LTD. (REGISTERED NUMBER: 06416601)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Bizsinergy Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 January 2023 35,243
Additions 2,864
Disposals (18,899 )
At 31 December 2023 19,208
DEPRECIATION
At 1 January 2023 34,148
Charge for year 1,502
Eliminated on disposal (18,899 )
At 31 December 2023 16,751
NET BOOK VALUE
At 31 December 2023 2,457
At 31 December 2022 1,095

BIZSINERGY LTD. (REGISTERED NUMBER: 06416601)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1,000 Ordinary £1 1,000 1,000

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£ £
Mr H Yep
Balance outstanding at start of year (129,654 ) (101,612 )
Amounts advanced 37,448 30,711
Amounts repaid (81,085 ) (58,753 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (173,291 ) (129,654 )

Ms J F Manzano
Balance outstanding at start of year 19,558 (3,005 )
Amounts advanced 37,899 30,711
Amounts repaid (13,302 ) (8,148 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,155 19,558