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Company Registration No. 07646064 (England and Wales)
ISAVEY LIMITED Unaudited accounts for the year ended 31 March 2024
ISAVEY LIMITED Unaudited accounts Contents
Page
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ISAVEY LIMITED Company Information for the year ended 31 March 2024
Director
Jayne Williams
Company Number
07646064 (England and Wales)
Registered Office
OLDBERROW STUD ULLENHALL LANE BEOLEY REDDITCH WORCESTERSHIRE B98 9ES ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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ISAVEY LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,024 
3,588 
Current assets
Debtors
100 
100 
Cash at bank and in hand
233 
1,174 
333 
1,274 
Creditors: amounts falling due within one year
(69,169)
(58,745)
Net current liabilities
(68,836)
(57,471)
Net liabilities
(66,812)
(53,883)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(66,912)
(53,983)
Shareholders' funds
(66,812)
(53,883)
For the year ending 31 March 2024 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 31 December 2024 and were signed on its behalf by
Jayne Williams Director Company Registration No. 07646064
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ISAVEY LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ISAVEY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07646064. The registered office is OLDBERROW STUD ULLENHALL LANE, BEOLEY, REDDITCH, WORCESTERSHIRE, B98 9ES, 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.
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:
Plant & machinery
25% Straight Line Method
Fixtures & fittings
20% Straight Line Method
Computer equipment
25% Straight Line Method
Going Concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated her support will continue for the foreseeable future.
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ISAVEY LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,532 
3,606 
1,851 
6,989 
At 31 March 2024
1,532 
3,606 
1,851 
6,989 
Depreciation
At 1 April 2023
1,149 
1,444 
808 
3,401 
Charge for the year
381 
722 
461 
1,564 
At 31 March 2024
1,530 
2,166 
1,269 
4,965 
Net book value
At 31 March 2024
2 
1,440 
582 
2,024 
At 31 March 2023
383 
2,162 
1,043 
3,588 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(186)
517 
Trade creditors
1,943 
1,660 
Taxes and social security
5,147 
5,147 
Loans from directors
61,110 
49,883 
Accruals
1,155 
1,538 
69,169 
58,745 
7
Transactions with related parties
At the year end there was a balance of £61110 (2023 - £49883) owing to sole director, Jayne Williams.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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