Company Registration No. 10935619 (England and Wales)
IZEN LTD
Unaudited accounts
for the year ended 31 August 2025
IZEN LTD
Unaudited accounts
Contents
IZEN LTD
Company Information
for the year ended 31 August 2025
Director
Mr Vladimir Lungu
Company Number
10935619 (England and Wales)
Registered Office
42 Remington Road
Sheffield
South Yorkshire
S5 9AB
England
Accountants
Financial 247
124 City Road
Kemp House
London
EC1V 2NX
IZEN LTD
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
26,932
33,140
Creditors: amounts falling due within one year
(15,708)
(19,534)
Net current assets
36,176
38,557
Called up share capital
1
1
Profit and loss account
37,529
40,209
Shareholders' funds
37,530
40,210
For the year ending 31 August 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 director acknowledges his 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 23 April 2026 and were signed on its behalf by
Mr Vladimir Lungu
Director
Company Registration No. 10935619
IZEN LTD
Notes to the Accounts
for the year ended 31 August 2025
IZEN LTD is a private company, limited by shares, registered in England and Wales, registration number 10935619. The registered office is 42 Remington Road, Sheffield, South Yorkshire, S5 9AB, 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.
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
20% RBM
Computer equipment
20% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 September 2024
201
560
761
At 31 August 2025
240
560
800
Charge for the year
48
112
160
At 31 August 2025
48
112
160
At 31 August 2025
192
448
640
At 31 August 2024
201
560
761
Intangible assets and goodwill are recognized at cost and subsequently measured at cost less accumulated amortization and impairment losses; amortization is charged on a straight-line basis over an estimated useful life of five (5) years, with residual value assumed to be nil.
IZEN LTD
Notes to the Accounts
for the year ended 31 August 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
291
761
1,052
At 31 August 2025
291
761
1,052
At 1 September 2024
33
127
160
Charge for the year
51
127
178
At 31 August 2025
84
254
338
At 31 August 2025
207
507
714
At 31 August 2024
258
634
892
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,435
2,916
Taxes and social security
1,796
4,455
Other creditors
6,806
3,980
Loans from directors
100
330
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).