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REGISTERED NUMBER: 03769918 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2023

for

C M Oxendale Limited

C M Oxendale Limited (Registered number: 03769918)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C M Oxendale Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: P Towler
Mrs A L Towler
D P Ramsdale





SECRETARY: Mrs A L Towler





REGISTERED OFFICE: Unit 5 Dorlan Court
Alan Ramsbottom Way
Great Harwood
Lancashire
BB6 7UR





REGISTERED NUMBER: 03769918 (England and Wales)





ACCOUNTANTS: Egan Roberts Limited
Accountants
Suite 46
Manor Court
Salesbury Hall Road
Ribchester
Lancashire
PR3 3XR

C M Oxendale Limited (Registered number: 03769918)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 868,961 895,339

CURRENT ASSETS
Stocks 641,291 123,513
Debtors 5 1,883,482 2,513,460
Cash at bank and in hand 160,757 100,213
2,685,530 2,737,186
CREDITORS
Amounts falling due within one year 6 1,519,140 1,442,720
NET CURRENT ASSETS 1,166,390 1,294,466
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,035,351

2,189,805

CREDITORS
Amounts falling due after more than one
year

7

(44,999

)

(63,333

)

PROVISIONS FOR LIABILITIES (27,180 ) (29,667 )
NET ASSETS 1,963,172 2,096,805

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,963,072 2,096,705
SHAREHOLDERS' FUNDS 1,963,172 2,096,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

C M Oxendale Limited (Registered number: 03769918)

Balance Sheet - continued
30 April 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 24 November 2023 and were signed on its behalf by:





P Towler - Director


C M Oxendale Limited (Registered number: 03769918)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

C M Oxendale 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.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

C M Oxendale Limited (Registered number: 03769918)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

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.

Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2022 - 44 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2022 823,235 41,980 75,142
Additions - 40,119 473
Transfer to ownership (100,000 ) - -
At 30 April 2023 723,235 82,099 75,615
DEPRECIATION
At 1 May 2022 80,864 30,845 45,602
Charge for year 16,464 5,181 4,478
At 30 April 2023 97,328 36,026 50,080
NET BOOK VALUE
At 30 April 2023 625,907 46,073 25,535
At 30 April 2022 742,371 11,135 29,540

C M Oxendale Limited (Registered number: 03769918)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2022 338,658 - 1,279,015
Additions 103,207 4,272 148,071
Transfer to ownership - - (100,000 )
At 30 April 2023 441,865 4,272 1,327,086
DEPRECIATION
At 1 May 2022 226,365 - 383,676
Charge for year 47,205 1,121 74,449
At 30 April 2023 273,570 1,121 458,125
NET BOOK VALUE
At 30 April 2023 168,295 3,151 868,961
At 30 April 2022 112,293 - 895,339

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 286,448 1,102,738
Amounts owed by group undertakings 1,430,023 1,197,863
Other debtors 41,272 38
Tax 20,627 137,585
VAT 68,093 44,477
Prepayments and accrued income 37,019 30,759
1,883,482 2,513,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 20,001 91,251
Trade creditors 1,235,707 1,235,247
Tax 12,509 25,506
Social security and other taxes 50,552 13,090
Other creditors 189,318 67,141
Directors' current accounts 4,745 4,745
Accrued expenses 6,308 5,740
1,519,140 1,442,720

C M Oxendale Limited (Registered number: 03769918)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 44,999 63,333

8. LOANS

The bank loan is repayable in instalments over 6 years. The loan is guaranteed by the government and carries an interest of 2.5% p.a.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Pals Group Limited.

The ultimate controlling parties are P Towler and A Towler.