Company Registration No. 12705193 (England and Wales)
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Unaudited accounts
for the year ended 30 June 2025
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Unaudited accounts
Contents
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Company Information
for the year ended 30 June 2025
Directors
Colin Anderson
Isabell Anderson
Company Number
12705193 (England and Wales)
Registered Office
112-113 HIGH STREET
LINCOLN
LN5 7PY
ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Statement of financial position
as at 30 June 2025
Tangible assets
30,958
34,397
Cash at bank and in hand
37,480
42,505
Creditors: amounts falling due within one year
(28,991)
(26,578)
Net current assets
8,489
15,927
Total assets less current liabilities
39,447
50,324
Provisions for liabilities
Deferred tax
(4,376)
(4,376)
Called up share capital
100
100
Capital contribution reserve
40,000
40,000
Profit and loss account
(5,029)
5,848
Shareholders' funds
35,071
45,948
For the year ending 30 June 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by
Isabell Anderson
Director
Company Registration No. 12705193
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Notes to the Accounts
for the year ended 30 June 2025
IZZY'S LAZY DAYS HOT TUB BREAKS LTD is a private company, limited by shares, registered in England and Wales, registration number 12705193. The registered office is 112-113 HIGH STREET, LINCOLN, LN5 7PY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
10% Reducing balance
Computer equipment
20% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2024
51,235
1,160
52,395
At 30 June 2025
51,235
1,160
52,395
At 1 July 2024
17,439
559
17,998
Charge for the year
3,379
60
3,439
At 30 June 2025
20,818
619
21,437
At 30 June 2025
30,417
541
30,958
At 30 June 2024
33,796
601
34,397
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
191
-
Loans from directors
28,230
26,008
6
Deferred taxation
2025
2024
Accelerated capital allowances
4,376
4,376
Provision at start of year
4,376
4,376
Provision at end of year
4,376
4,376
A deferred taxation reserve has been created due to accelerated capital allowances of some £4,376
This reserve will reverse in future periods and create a tax liability at the prevailing rate on the day.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Capital contribution reserve
A capital contribution has been created by the directors/shareholders
to support the business moving forward.
IZZY'S LAZY DAYS HOT TUB BREAKS LTD
Notes to the Accounts
for the year ended 30 June 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).