Company Registration No. 14575684 (England and Wales)
R-OX International Ltd
Unaudited accounts
for the period from 6 January 2023 to 31 January 2024
R-OX International Ltd
Unaudited accounts
Contents
R-OX International Ltd
Company Information
for the period from 6 January 2023 to 31 January 2024
Director
Nicole Simone Fletcher
Company Number
14575684 (England and Wales)
Registered Office
Embassy Offices Stangate House
Stanwell Road
Penarth
Vale of Glamorgan
CF64 2AA
Wales
R-OX International Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
1,963
Creditors: amounts falling due within one year
(150,018)
Net current liabilities
(85,171)
Total assets less current liabilities
(80,004)
Provisions for liabilities
Called up share capital
100
Profit and loss account
(81,085)
Shareholders' funds
(80,985)
For the period ending 31 January 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 director acknowledges her 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 and authorised for issue on 25 September 2024 and were signed on its behalf by
Nicole Simone Fletcher
Director
Company Registration No. 14575684
R-OX International Ltd
Notes to the Accounts
for the period from 6 January 2023 to 31 January 2024
R-OX International Ltd is a private company, limited by shares, registered in England and Wales, registration number 14575684. The registered office is Embassy Offices Stangate House, Stanwell Road, Penarth, Vale of Glamorgan, CF64 2AA, Wales.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At 31 January 2024 the company had net liabilities of £80,985. However the company received financial support from the director and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
R-OX International Ltd
Notes to the Accounts
for the period from 6 January 2023 to 31 January 2024
4
Tangible fixed assets
Plant & machinery
Charge for the period
1,033
Amounts falling due within one year
Accrued income and prepayments
11,666
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
25
Taxes and social security
3,484
Loans from directors
13,596
7
Average number of employees
During the period the average number of employees was 1.