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REGISTERED NUMBER: 12103961 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

BREAD OXFORD LIMITED
TRADING AS
THE OXFORD FACTORY

BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BREAD OXFORD LIMITED
TRADING AS THE OXFORD FACTORY

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: N J Hughes





REGISTERED OFFICE: 4650
Ground Floor Rhs Cascade Way
Oxford Business Park South
Oxford
OX4 2SU





REGISTERED NUMBER: 12103961 (England and Wales)





ACCOUNTANTS: Accountancy Online Limited
6 Elsley Road
Tilehurst
Reading
RG31 6RN

BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY

ABRIDGED BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 5,683

CURRENT ASSETS
Stocks - 1,700
Debtors 5 - 15,201
Cash at bank and in hand 347 89,425
347 106,326
CREDITORS
Amounts falling due within one year (87,843 ) (76,469 )
NET CURRENT (LIABILITIES)/ASSETS (87,496 ) 29,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

(87,496

)

35,540

CREDITORS
Amounts falling due after more than one
year

(21,280

)

(39,113

)
NET LIABILITIES (108,776 ) (3,573 )

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 (108,778 ) (3,575 )
SHAREHOLDERS' FUNDS (108,776 ) (3,573 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY

ABRIDGED BALANCE SHEET - continued
31 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 November 2023 and were signed by:





N J Hughes - Director


BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Bread Oxford 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.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks 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 tax
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 8,316
Additions 1,000
Disposals (9,316 )
At 31 July 2023 -
DEPRECIATION
At 1 August 2022 2,633
Charge for year 821
Eliminated on disposal (3,454 )
At 31 July 2023 -
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 5,683

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other debtors - 538

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary Shares £1 2 2

7. RESERVES
Retained
earnings
£   

At 1 August 2022 (3,575 )
Deficit for the year (105,203 )
At 31 July 2023 (108,778 )

BREAD OXFORD LIMITED (REGISTERED NUMBER: 12103961)
TRADING AS THE OXFORD FACTORY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
A C Norton
Balance outstanding at start of year 516 284
Amounts advanced 481 8,006
Amounts repaid (1,300 ) (7,774 )
Amounts written off - -
Amounts waived 303 -
Balance outstanding at end of year - 516

N J Hughes
Balance outstanding at start of year 22 1,592
Amounts advanced 8,574 14,415
Amounts repaid (7,041 ) (15,985 )
Amounts written off (1,555 ) -
Amounts waived - -
Balance outstanding at end of year - 22

Loans to directors are interest free and without repayment terms.

9. RELATED PARTY DISCLOSURES

The Jam Factory (Oxford) Ltd
At the year end the company owed £Nil (2022: £6,000) to the Jam Factory (Oxford) Ltd.

Any transactions between the company and The Jam Factory (Oxford) Ltd are on a commercial basis.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N J Hughes.