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REGISTERED NUMBER: 09731941 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

C E IZOD LTD

C E IZOD LTD (REGISTERED NUMBER: 09731941)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C E IZOD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr C E Izod
Mrs J A Izod





REGISTERED OFFICE: Cedar House
High Street
Lyneham
CHIPPING NORTON
Oxfordshire
OX7 6QL





REGISTERED NUMBER: 09731941 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

C E IZOD LTD (REGISTERED NUMBER: 09731941)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,855,929 5,873,405

CURRENT ASSETS
Stocks 5 72,703 100,802
Debtors 6 11,066 9,298
Cash at bank 27,164 19,264
110,933 129,364
CREDITORS
Amounts falling due within one year 7 278,987 264,498
NET CURRENT LIABILITIES (168,054 ) (135,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,687,875

5,738,271

CREDITORS
Amounts falling due after more than one
year

8

(292,579

)

(308,100

)

PROVISIONS FOR LIABILITIES 11 (818,763 ) (823,171 )
NET ASSETS 4,576,533 4,607,000

CAPITAL AND RESERVES
Called up share capital 12 3,751 3,751
Revaluation reserve 13 3,901,136 3,901,136
Retained earnings 671,646 702,113
SHAREHOLDERS' FUNDS 4,576,533 4,607,000

C E IZOD LTD (REGISTERED NUMBER: 09731941)

BALANCE SHEET - continued
31 DECEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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

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 25 July 2025 and were signed on its behalf by:





Mr C E Izod - Director


C E IZOD LTD (REGISTERED NUMBER: 09731941)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

C E Izod 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Freehold property - not provided - see below
Improvements to property - not provided
Plant and machinery - 15% on reducing balance
Tractors - 20% on reducing balance

Freehold property is depreciated over its estimated useful life of 50 years, however in the opinion of the directors the residual value of the freehold property after 50 years is not materially different to the current value, and therefore no depreciation has been provided.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

C E IZOD LTD (REGISTERED NUMBER: 09731941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery Tractors Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 5,701,195 24,715 209,410 66,678 6,001,998
DEPRECIATION
At 1 January 2024 - - 82,489 46,104 128,593
Charge for year - - 14,053 3,423 17,476
At 31 December 2024 - - 96,542 49,527 146,069
NET BOOK VALUE
At 31 December 2024 5,701,195 24,715 112,868 17,151 5,855,929
At 31 December 2023 5,701,195 24,715 126,921 20,574 5,873,405

5. STOCKS
31.12.24 31.12.23
£    £   
Stocks 72,703 100,802

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 6,207 4,072
Other debtors 2,800 725
VAT 2,059 4,501
11,066 9,298

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts (see note 9) 23,173 23,173
Trade creditors 11,059 1,853
Social security and other taxes - 464
Other creditors - 10,576
Directors' current accounts 240,884 224,987
Accrued expenses 3,871 3,445
278,987 264,498

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans (see note 9) 292,579 308,100

C E IZOD LTD (REGISTERED NUMBER: 09731941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. LOANS

An analysis of the maturity of loans is given below:

31.12.24 31.12.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 23,173 23,173

Amounts falling due between one and two years:
Bank loans - 1-2 years 23,682 23,682

Amounts falling due between two and five years:
Bank loans - 2-5 years 268,897 284,418

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 315,752 331,273

The bank loan and overdraft facility are secured over specific freehold land owned by the company by way of a charge in favour of Barclays bank plc dated 20 January 2016 together with a fixed and floating charge over the assets of the company in favour of Barclays bank plc dated 16 December 2015.

11. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax
Accelerated capital allowances 29,399 33,807
Other timing differences 789,364 789,364
818,763 823,171

Deferred
tax
£   
Balance at 1 January 2024 823,171
Provided during year (4,408 )
Balance at 31 December 2024 818,763

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
7,125 Ordinary 50p 50p 3,563 3,563
375 Ordinary B 50p 188 188
3,751 3,751

C E IZOD LTD (REGISTERED NUMBER: 09731941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

13. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 3,901,136