Company Registration No. 11229174 (England and Wales)
OXLEY & SONS INTERIORS LTD
Unaudited accounts
for the year ended 28 February 2023
OXLEY & SONS INTERIORS LTD
Unaudited accounts
Contents
OXLEY & SONS INTERIORS LTD
Company Information
for the year ended 28 February 2023
Directors
Adam Oxley
Darren Oxley
Company Number
11229174 (England and Wales)
Registered Office
UNIT 5
ELWES STREET
BRIGG
DN20 8LB
ENGLAND
OXLEY & SONS INTERIORS LTD
Statement of financial position
as at 28 February 2023
Intangible assets
120,000
135,000
Tangible assets
2,981
4,471
Cash at bank and in hand
4,386
5,158
Creditors: amounts falling due within one year
(325,074)
(216,901)
Net current liabilities
(275,670)
(166,725)
Total assets less current liabilities
(152,689)
(27,254)
Creditors: amounts falling due after more than one year
(39,957)
(42,500)
Net liabilities
(192,646)
(69,754)
Called up share capital
100
100
Profit and loss account
(192,746)
(69,854)
Shareholders' funds
(192,646)
(69,754)
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 9 October 2023 and were signed on its behalf by
Adam Oxley
Director
Company Registration No. 11229174
OXLEY & SONS INTERIORS LTD
Notes to the Accounts
for the year ended 28 February 2023
OXLEY & SONS INTERIORS LTD is a private company, limited by shares, registered in England and Wales, registration number 11229174. The registered office is UNIT 5, ELWES STREET, BRIGG, DN20 8LB, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
These accounts have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Intangible fixed assets
Goodwill
At 28 February 2023
150,000
Charge for the year
15,000
At 28 February 2023
30,000
At 28 February 2023
120,000
At 28 February 2022
135,000
OXLEY & SONS INTERIORS LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Motor vehicles
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
29,769
23,923
Taxes and social security
170,485
38,563
Other creditors
15,304
32,584
Loans from directors
40,259
57,205
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 6 (2022: 6).