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REGISTERED NUMBER: 05014048 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Oxygen Event Services Limited

Oxygen Event Services Limited (Registered number: 05014048)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Oxygen Event Services Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr P A J Edwards
Mrs J Gray



SECRETARY: Mr M H Eggert-Hobbs



REGISTERED OFFICE: 12 Windsor Park
50 Windsor Avenue
Wimbledon
London
SW19 2TJ



REGISTERED NUMBER: 05014048 (England and Wales)



ACCOUNTANTS: Sigma Partners
Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE



BANKERS: Barclays Bank PLC
Wimbledon Business Centre
London

Oxygen Event Services Limited (Registered number: 05014048)

Statement of Financial Position
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,042 30,270

CURRENT ASSETS
Debtors 5 229,487 266,340
Cash at bank and in hand 83,966 120,632
313,453 386,972
CREDITORS
Amounts falling due within one year 6 180,134 193,934
NET CURRENT ASSETS 133,319 193,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,361

223,308

CREDITORS
Amounts falling due after more than one
year

7

(31,667

)

(42,094

)

PROVISIONS FOR LIABILITIES (8,368 ) (5,751 )
NET ASSETS 137,326 175,463

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 137,226 175,363
SHAREHOLDERS' FUNDS 137,326 175,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Oxygen Event Services Limited (Registered number: 05014048)

Statement of Financial Position - continued
31 January 2023


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 19 October 2023 and were signed on its behalf by:





Mr P A J Edwards - Director


Oxygen Event Services Limited (Registered number: 05014048)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Oxygen Event Services Limited 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.

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.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Oxygen Event Services Limited (Registered number: 05014048)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2022 4,000 40,107 1,674
Additions - 10,388 -
Disposals - - -
At 31 January 2023 4,000 50,495 1,674
DEPRECIATION
At 1 February 2022 1,600 22,940 1,376
Charge for year 400 5,511 75
Eliminated on disposal - - -
At 31 January 2023 2,000 28,451 1,451
NET BOOK VALUE
At 31 January 2023 2,000 22,044 223
At 31 January 2022 2,400 17,167 298

Oxygen Event Services Limited (Registered number: 05014048)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 41,510 16,516 103,807
Additions 15,500 1,678 27,566
Disposals (15,560 ) - (15,560 )
At 31 January 2023 41,450 18,194 115,813
DEPRECIATION
At 1 February 2022 33,458 14,163 73,537
Charge for year 4,188 1,010 11,184
Eliminated on disposal (12,950 ) - (12,950 )
At 31 January 2023 24,696 15,173 71,771
NET BOOK VALUE
At 31 January 2023 16,754 3,021 44,042
At 31 January 2022 8,052 2,353 30,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 223,640 260,493
Other debtors 5,847 5,847
229,487 266,340

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 10,000 7,906
Trade creditors 120,981 91,360
Taxation and social security 16,750 65,759
Other creditors 32,403 28,909
180,134 193,934

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 31,667 42,094

Oxygen Event Services Limited (Registered number: 05014048)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.23 31.1.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,769

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P A J Edwards.