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Company Registration No. 07100632 (England and Wales)
FRAZER'S OF OXFORD LIMITED Cessation accounts for the year ended 31 March 2022
FRAZER'S OF OXFORD LIMITED Cessation accounts Contents
Page
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FRAZER'S OF OXFORD LIMITED Company Information for the year ended 31 March 2022
Directors
Natasha Carter Elizabeth Lynn Hobbs
Company Number
07100632 (England and Wales)
Registered Office
POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OX12 8AT United Kingdom
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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FRAZER'S OF OXFORD LIMITED Accountants' report
Accountants' report to the board of directors of FRAZER'S OF OXFORD LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FRAZER'S OF OXFORD LIMITED for the year ended 31 March 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FRAZER'S OF OXFORD LIMITED, as a body, in accordance with the terms of our engagement letter dated 10 January 2018. Our work has been undertaken solely to prepare for your approval the accounts of FRAZER'S OF OXFORD LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FRAZER'S OF OXFORD LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FRAZER'S OF OXFORD LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of FRAZER'S OF OXFORD LIMITED. You consider that FRAZER'S OF OXFORD LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of FRAZER'S OF OXFORD LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT 11 August 2022
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FRAZER'S OF OXFORD LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
17,424 
Current assets
Debtors
- 
12,033 
Cash at bank and in hand
14,907 
22,975 
14,907 
35,008 
Creditors: amounts falling due within one year
- 
(33,450)
Net current assets
14,907 
1,558 
Total assets less current liabilities
14,907 
18,982 
Creditors: amounts falling due after more than one year
(40,185)
(15,634)
Net (liabilities)/assets
(25,278)
3,348 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(25,280)
3,346 
Shareholders' funds
(25,278)
3,348 
For the year ending 31 March 2022 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 20 August 2022 and were signed on its behalf by
Natasha Carter Director Company Registration No. 07100632
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FRAZER'S OF OXFORD LIMITED Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
FRAZER'S OF OXFORD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07100632. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OX12 8AT, United Kingdom.
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
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
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FRAZER'S OF OXFORD LIMITED Notes to the Accounts for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2021
4,228 
52,985 
7,622 
64,835 
Disposals
(4,228)
(52,985)
(7,622)
(64,835)
At 31 March 2022
- 
- 
- 
- 
Depreciation
At 1 April 2021
3,990 
35,799 
7,622 
47,411 
On disposals
(3,990)
(35,799)
(7,622)
(47,411)
At 31 March 2022
- 
- 
- 
- 
Net book value
At 31 March 2022
- 
- 
- 
- 
At 31 March 2021
238 
17,186 
- 
17,424 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
- 
12,033 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
- 
25,545 
Trade creditors
- 
2,714 
Taxes and social security
- 
4,091 
Loans from directors
- 
1,100 
- 
33,450 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
40,185 
15,634 
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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