IRIS Accounts Production v24.1.9.2 02265817 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022658172022-12-31022658172023-12-31022658172023-01-012023-12-31022658172021-12-31022658172022-01-012022-12-31022658172022-12-3102265817ns15:EnglandWales2023-01-012023-12-3102265817ns14:PoundSterling2023-01-012023-12-3102265817ns10:Director12023-01-012023-12-3102265817ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102265817ns10:SmallEntities2023-01-012023-12-3102265817ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102265817ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102265817ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102265817ns10:FullAccounts2023-01-012023-12-3102265817ns10:Director22023-01-012023-12-3102265817ns10:Director32023-01-012023-12-3102265817ns10:RegisteredOffice2023-01-012023-12-3102265817ns5:CurrentFinancialInstruments2023-12-3102265817ns5:CurrentFinancialInstruments2022-12-3102265817ns5:Non-currentFinancialInstruments2023-12-3102265817ns5:Non-currentFinancialInstruments2022-12-3102265817ns5:ShareCapital2023-12-3102265817ns5:ShareCapital2022-12-3102265817ns5:SharePremium2023-12-3102265817ns5:SharePremium2022-12-3102265817ns5:RetainedEarningsAccumulatedLosses2023-12-3102265817ns5:RetainedEarningsAccumulatedLosses2022-12-3102265817ns5:PlantMachinery2023-01-012023-12-3102265817ns5:PlantMachinery2022-12-3102265817ns5:PlantMachinery2023-12-3102265817ns5:PlantMachinery2022-12-3102265817ns5:CostValuation2022-12-3102265817ns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3102265817ns5:CostValuation2023-12-3102265817ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102265817ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 02265817 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

John Sheehan (Oxford) Limited

John Sheehan (Oxford) Limited (Registered number: 02265817)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Sheehan (Oxford) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C Sheehan
T L McGovern
R Sheehan





REGISTERED OFFICE: 30 Bankside Court
Stationfields
Kidlington
Oxfordshire
OX5 1JE





REGISTERED NUMBER: 02265817 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

John Sheehan (Oxford) Limited (Registered number: 02265817)

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 739,760 763,543
Investments 5 49,087 54,374
788,847 817,917

CURRENT ASSETS
Debtors 6 576,401 352,674
Cash at bank 162,275 43,355
738,676 396,029
CREDITORS
Amounts falling due within one year 7 (712,843 ) (435,044 )
NET CURRENT ASSETS/(LIABILITIES) 25,833 (39,015 )
TOTAL ASSETS LESS CURRENT LIABILITIES 814,680 778,902

CREDITORS
Amounts falling due after more than one
year

8

(248,840

)

(245,646

)
NET ASSETS 565,840 533,256

CAPITAL AND RESERVES
Called up share capital 110 110
Share premium 19,990 19,990
Retained earnings 545,740 513,156
565,840 533,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

John Sheehan (Oxford) Limited (Registered number: 02265817)

Balance Sheet - continued
31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





T L McGovern - Director


John Sheehan (Oxford) Limited (Registered number: 02265817)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

John Sheehan (Oxford) 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

John Sheehan (Oxford) Limited (Registered number: 02265817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 2,716,811
Additions 285,000
Disposals (488,100 )
At 31 December 2023 2,513,711
DEPRECIATION
At 1 January 2023 1,953,268
Charge for year 246,586
Eliminated on disposal (425,903 )
At 31 December 2023 1,773,951
NET BOOK VALUE
At 31 December 2023 739,760
At 31 December 2022 763,543

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 54,374
Revaluations (5,287 )
At 31 December 2023 49,087
NET BOOK VALUE
At 31 December 2023 49,087
At 31 December 2022 54,374

John Sheehan (Oxford) Limited (Registered number: 02265817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2015 (4,293 )
Valuation in 2016 (10,350 )
Valuation in 2017 2,339
Valuation in 2018 (10,200 )
Valuation in 2019 (82 )
Valuation in 2020 (13,030 )
Valuation in 2021 8,444
Valuation in 2022 25,608
Valuation in 2023 (5,287 )
Cost 55,938
49,087

If the listed investments had not been revalued they would have been included at the following historical cost:

31/12/23 31/12/22
£    £   
Cost 55,938 55,938
Aggregate provisions (1,564 ) (1,564 )

Listed shares were valued on an open market basis on 31 December 2022 by the company .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 419,281 219,492
Other debtors 157,120 133,182
576,401 352,674

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 48,221 -
Hire purchase contracts 91,185 21,950
Trade creditors 328,968 171,037
Taxation and social security 23,584 20,907
Other creditors 220,885 221,150
712,843 435,044

John Sheehan (Oxford) Limited (Registered number: 02265817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 132,660 75,346
Other creditors 116,180 170,300
248,840 245,646