Registered number
13791935
Oxvolt Limited
Unaudited Filleted Accounts
31 December 2023
Oxvolt Limited
Registered number: 13791935
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 - 17,054
Cash at bank and in hand 40,706 23,591
40,706 40,645
Creditors: amounts falling due within one year 4 (25,020) (35,282)
Net current assets 15,686 5,363
Net assets 15,686 5,363
Capital and reserves
Called up share capital 100 100
Profit and loss account 15,586 5,263
Shareholder's funds 15,686 5,363
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Francis Mndumu Prime
Director
Approved by the board on 4 October 2024
Oxvolt Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors - 17,054
4 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 20,042 26,365
Other taxes and social security costs 2,648 5,490
Other creditors 2,330 3,427
25,020 35,282
5 Other information
Oxvolt Limited is a private company limited by shares and incorporated in England. Its registered office is:
14 Sweetmans Road
Oxford
Oxfordshire
OX2 9BA
Oxvolt Limited false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts July 2024 Mr Francis Mndumu Prime No description of principal activity 13791935 2021-12-09 2022-12-31 13791935 core:WithinOneYear 2022-12-31 13791935 core:ShareCapital 2022-12-31 13791935 core:RetainedEarningsAccumulatedLosses 2022-12-31 13791935 2023-01-01 2023-12-31 13791935 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13791935 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13791935 bus:Director40 2023-01-01 2023-12-31 13791935 1 2023-01-01 2023-12-31 13791935 2 2023-01-01 2023-12-31 13791935 countries:England 2023-01-01 2023-12-31 13791935 bus:FRS102 2023-01-01 2023-12-31 13791935 bus:FilletedAccounts 2023-01-01 2023-12-31 13791935 2023-12-31 13791935 core:WithinOneYear 2023-12-31 13791935 core:ShareCapital 2023-12-31 13791935 core:RetainedEarningsAccumulatedLosses 2023-12-31 13791935 2022-12-31 iso4217:GBP xbrli:pure