Registered number
11784639
OX WINES LTD
Filleted Accounts
31 January 2023
OX WINES LTD
Registered number: 11784639
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 114,425 134,574
Current assets
Debtors 4 4,000 535
Cash at bank and in hand 9,143 7,705
13,143 8,240
Creditors: amounts falling due within one year 5 (8,543) (44,482)
Net current assets/(liabilities) 4,600 (36,242)
Total assets less current liabilities 119,025 98,332
Creditors: amounts falling due after more than one year 6 (528,157) (425,302)
Net liabilities (409,132) (326,970)
Capital and reserves
Called up share capital 200,000 200,000
Profit and loss account (609,132) (526,970)
Shareholder's funds (409,132) (326,970)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Xeniya Otkidych
Director
Approved by the board on 12 October 2023
OX WINES LTD
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 February 2022 140,000 48,037 188,037
At 31 January 2023 140,000 48,037 188,037
Depreciation
At 1 February 2022 36,170 17,293 53,463
Charge for the year 14,000 6,149 20,149
At 31 January 2023 50,170 23,442 73,612
Net book value
At 31 January 2023 89,830 24,595 114,425
At 31 January 2022 103,830 30,744 134,574
4 Debtors 2023 2022
£ £
Other debtors 4,000 535
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,500 1,500
Taxation and social security costs 7,043 3,876
Other creditors - 39,106
8,543 44,482
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 38,000 47,963
Other creditors 490,157 377,339
528,157 425,302
7 Other information
OX WINES LTD is a private company limited by shares and incorporated in England. Its registered office is:
21 Whitcomb Street
London
WC2H 7HA
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