Company Registration No. 05839854 (England and Wales)
Oxford Ceramics Limited
Unaudited accounts
for the year ended 30 June 2023
Oxford Ceramics Limited
Unaudited accounts
Contents
Oxford Ceramics Limited
Company Information
for the year ended 30 June 2023
Directors
Rachel Ackland
James Fordham
Company Number
05839854 (England and Wales)
Registered Office
29 Walton Street
Oxford
OX2 6AA
Accountants
Mutu Accountancy Ltd
7 Chelsea Road
Bath
BA1 3DU
Oxford Ceramics Limited
Statement of financial position
as at 30 June 2023
Tangible assets
5,580
5,731
Inventories
150,528
170,690
Cash at bank and in hand
20,465
10,953
Creditors: amounts falling due within one year
(203,390)
(188,679)
Net current assets
13,616
28,323
Total assets less current liabilities
19,196
34,054
Creditors: amounts falling due after more than one year
(19,167)
(28,150)
Called up share capital
1
1
Profit and loss account
28
5,903
Shareholders' funds
29
5,904
For the year ending 30 June 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 6 February 2024 and were signed on its behalf by
Rachel Ackland
Director
Company Registration No. 05839854
Oxford Ceramics Limited
Notes to the Accounts
for the year ended 30 June 2023
Oxford Ceramics Limited is a private company, limited by shares, registered in England and Wales, registration number 05839854. The registered office is 29 Walton Street, Oxford, OX2 6AA.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
13,358
4,653
18,011
At 30 June 2023
15,858
4,653
20,511
At 1 July 2022
7,797
4,483
12,280
Charge for the year
2,573
78
2,651
At 30 June 2023
10,370
4,561
14,931
At 30 June 2023
5,488
92
5,580
At 30 June 2022
5,561
170
5,731
Oxford Ceramics Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
17,613
30,829
Accrued income and prepayments
1,892
780
Other debtors
26,508
3,750
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
9,440
Trade creditors
106,479
76,640
Taxes and social security
13,198
48,959
Other creditors
73,713
53,423
Loans from directors
-
217
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
At the company year end the directors R Ackland and J Fordham owed the company £6,925 (2022 £6,958 owed by the company) and £15,833 (2022 £6,742) respectively. These loans are repayable on demand.
9
Average number of employees
During the year the average number of employees was 4 (2022: 3).