Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falsechild psychology consultancy22truetruefalse 02298846 2023-04-01 2024-03-31 02298846 2022-04-01 2023-03-31 02298846 2024-03-31 02298846 2023-03-31 02298846 c:Director1 2023-04-01 2024-03-31 02298846 d:OfficeEquipment 2023-04-01 2024-03-31 02298846 d:OfficeEquipment 2024-03-31 02298846 d:OfficeEquipment 2023-03-31 02298846 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02298846 d:CurrentFinancialInstruments 2024-03-31 02298846 d:CurrentFinancialInstruments 2023-03-31 02298846 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02298846 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02298846 d:ShareCapital 2024-03-31 02298846 d:ShareCapital 2023-03-31 02298846 d:RetainedEarningsAccumulatedLosses 2024-03-31 02298846 d:RetainedEarningsAccumulatedLosses 2023-03-31 02298846 c:FRS102 2023-04-01 2024-03-31 02298846 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02298846 c:FullAccounts 2023-04-01 2024-03-31 02298846 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02298846 2 2023-04-01 2024-03-31 02298846 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 02298846






OXFORD HUMAN SCIENCES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










img607b.png

 
OXFORD HUMAN SCIENCES LIMITED
REGISTERED NUMBER:02298846

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,242
3,494

  
4,242
3,494

Current assets
  

Debtors: amounts falling due within one year
 5 
18,503
32,644

Cash at bank and in hand
 6 
167,744
165,151

  
186,247
197,795

Creditors: amounts falling due within one year
 7 
(25,947)
(23,644)

Net current assets
  
 
 
160,300
 
 
174,151

Total assets less current liabilities
  
164,542
177,645

Provisions for liabilities
  

Deferred tax
  
(870)
(664)

  
 
 
(870)
 
 
(664)

Net assets
  
163,672
176,981


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
163,572
176,881

  
163,672
176,981


Page 1

 
OXFORD HUMAN SCIENCES LIMITED
REGISTERED NUMBER:02298846
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Dr J M Richer
Director

Date: 15 August 2024

Page 2

 
OXFORD HUMAN SCIENCES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Oxford Human Sciences Limited is a private company limited by shares, incorporated in England and Wales.  Its registered office is Millhouse, 32-38 East Street, Rochford, Essex SS4 1DB.
The principal activity of the company continued to be that of child psychology consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
OXFORD HUMAN SCIENCES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
OXFORD HUMAN SCIENCES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

Financial instruments

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
OXFORD HUMAN SCIENCES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 -2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
15,025


Additions
3,731



At 31 March 2024

18,756



Depreciation


At 1 April 2023
11,531


Charge for the year on owned assets
2,983



At 31 March 2024

14,514



Net book value



At 31 March 2024
4,242



At 31 March 2023
3,494

Page 6

 
OXFORD HUMAN SCIENCES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
18,077
32,077

Prepayments and accrued income
426
567

18,503
32,644



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
167,744
165,151

167,744
165,151



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
20,902
19,214

Other creditors
917
304

Accruals and deferred income
4,128
4,126

25,947
23,644


 
Page 7