Company Registration No. 08973346 (England and Wales)
OXFORDSHIRE ARTS TRADING LIMITED
Unaudited accounts
for the year ended 31 August 2023
OXFORDSHIRE ARTS TRADING LIMITED
Unaudited accounts
Contents
OXFORDSHIRE ARTS TRADING LIMITED
Company Information
for the year ended 31 August 2023
Directors
Alison Jones
Mark Turner
Company Number
08973346 (England and Wales)
Registered Office
THE COBB, MUSTER POINT FEATHERBED LANE
EAST HENDRED
WANTAGE
OX12 8JF
ENGLAND
Accountants
Swash & Co
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF
OXFORDSHIRE ARTS TRADING LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
50,155
44,078
Cash at bank and in hand
6,255
10,198
Creditors: amounts falling due within one year
(13,303)
(20,605)
Net current assets/(liabilities)
1,780
(1,926)
Total assets less current liabilities
51,935
42,152
Creditors: amounts falling due after more than one year
-
(3,625)
Provisions for liabilities
Deferred tax
(4,579)
(2,878)
Called up share capital
4
4
Profit and loss account
47,352
35,645
Shareholders' funds
47,356
35,649
For the year ending 31 August 2023 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 27 September 2023 and were signed on its behalf by
Mark Turner
Director
Company Registration No. 08973346
OXFORDSHIRE ARTS TRADING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
OXFORDSHIRE ARTS TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08973346. The registered office is THE COBB, MUSTER POINT FEATHERBED LANE, EAST HENDRED, WANTAGE, OX12 8JF, 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:
Land & buildings
over 50 years on a straight line basis
Plant & machinery
25% per annum on a reducing balance basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 September 2022
28,934
39,647
68,581
Additions
3,722
10,334
14,056
At 31 August 2023
32,656
49,981
82,637
At 1 September 2022
4,160
20,343
24,503
Charge for the year
570
7,409
7,979
At 31 August 2023
4,730
27,752
32,482
At 31 August 2023
27,926
22,229
50,155
At 31 August 2022
24,774
19,304
44,078
OXFORDSHIRE ARTS TRADING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,083
1,610
Other creditors
1,186
3,604
Loans from directors
7,936
9,893
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).