Company Registration No. 09733931 (England and Wales)
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED
Accounts
for the year ended 30 June 2024
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED
Accounts
Contents
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
51,552
26,073
Creditors: amounts falling due within one year
(68,899)
(41,513)
Net current (liabilities)/assets
(547)
3,040
Called up share capital
2
2
Profit and loss account
285
4,080
Shareholders' funds
287
4,082
For the year ending 30 June 2024 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 7 August 2024 and were signed on its behalf by
Imran KHAN
Director
Company Registration No. 09733931
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09733931. The registered office is BALFOUR BUSINESS CENTRE, 390-392 HIGH ROAD, ILFORD, IG1 1BF, 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:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
16,800
18,480
OXFORD BUSINESS TECHNOLOGY SCIENCES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,817
14,749
Loans from directors
17,297
13,900
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).