1 March 2022 false No description of principal activity Taxfiler 2023.10 06349427business:PrivateLimitedCompanyLtd2022-03-012023-02-28 063494272022-02-28 063494272022-03-012023-02-28 06349427business:AuditExemptWithAccountantsReport2022-03-012023-02-28 06349427business:FilletedAccounts2022-03-012023-02-28 063494272023-02-28 06349427business:Director12022-03-012023-02-28 06349427business:Director22022-03-012023-02-28 06349427business:RegisteredOffice2022-03-012023-02-28 063494272022-02-28 06349427core:WithinOneYear2023-02-28 06349427core:WithinOneYear2022-02-28 06349427core:AfterOneYear2023-02-28 06349427core:AfterOneYear2022-02-28 06349427core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 06349427core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 06349427core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 06349427core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 06349427core:PreviouslyStatedAmount2023-02-28 06349427core:PreviouslyStatedAmount2022-02-28 06349427business:SmallEntities2022-03-012023-02-28 06349427countries:EnglandWales2022-03-012023-02-28 06349427core:PlantMachinery2022-02-28 06349427core:FurnitureFittings2022-02-28 06349427core:ComputerEquipment2022-02-28 06349427core:PlantMachinery2023-02-28 06349427core:FurnitureFittings2023-02-28 06349427core:ComputerEquipment2023-02-28 06349427core:PlantMachinery2022-03-012023-02-28 06349427core:FurnitureFittings2022-03-012023-02-28 06349427core:ComputerEquipment2022-03-012023-02-28 06349427business:Director112022-03-012023-02-28 06349427business:Director112022-02-28 06349427business:Director112023-02-28 063494272021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 06349427 (England and Wales)
OXFORD ENGLISH INTERNATIONAL LTD Unaudited accounts for the year ended 28 February 2023
OXFORD ENGLISH INTERNATIONAL LTD Unaudited accounts Contents
Page
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OXFORD ENGLISH INTERNATIONAL LTD Company Information for the year ended 28 February 2023
Directors
Aliya Bayanova Timothy Montgomery Johns
Company Number
06349427 (England and Wales)
Registered Office
C/O Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG England
Accountants
Cooper Harland Limited Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG
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Accountants' report to the board of directors on the preparation of the unaudited statutory statements of OXFORD ENGLISH INTERNATIONAL LTD (The Company) for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 28 February 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 28 February 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. 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 financial statements.
Cooper Harland Limited Financial Accountants Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG 10 October 2023
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OXFORD ENGLISH INTERNATIONAL LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
383 
3,427 
Current assets
Inventories
19,030 
59,030 
Debtors
84,404 
84,404 
Cash at bank and in hand
(1,497)
(742)
101,937 
142,692 
Creditors: amounts falling due within one year
(263,998)
(281,781)
Net current liabilities
(162,061)
(139,089)
Total assets less current liabilities
(161,678)
(135,662)
Creditors: amounts falling due after more than one year
(21,643)
(22,782)
Provisions for liabilities
Deferred tax
(6,739)
(6,739)
Net liabilities
(190,060)
(165,183)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(190,062)
(165,185)
Shareholders' funds
(190,060)
(165,183)
For the year ending 28 February 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 10 October 2023 and were signed on its behalf by
Aliya Bayanova Director Company Registration No. 06349427
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OXFORD ENGLISH INTERNATIONAL LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
OXFORD ENGLISH INTERNATIONAL LTD is a private company, limited by shares, registered in England and Wales, registration number 06349427. The registered office is C/O Unit 1.21, Barking Enterprise Centre, 50 Cambridge Road, Barking, Essex, IG11 8FG, 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.
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
Revenue 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 and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost Computer equipment - 33% on cost
Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
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OXFORD ENGLISH INTERNATIONAL LTD Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
19,985 
7,753 
6,926 
34,664 
At 28 February 2023
19,985 
7,753 
6,926 
34,664 
Depreciation
At 1 March 2022
16,558 
7,753 
6,926 
31,237 
Charge for the year
3,044 
- 
- 
3,044 
At 28 February 2023
19,602 
7,753 
6,926 
34,281 
Net book value
At 28 February 2023
383 
- 
- 
383 
At 28 February 2022
3,427 
- 
- 
3,427 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
84,404 
84,404 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
495 
495 
Other creditors
223,446 
266,273 
Loans from directors
40,057 
15,013 
263,998 
281,781 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,643 
22,782 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Aliya Bayanova
Mrs A Bayanova and T M Johns
(15,013)
32,138 
57,182 
(40,057)
(15,013)
32,138 
57,182 
(40,057)
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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