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REGISTERED NUMBER: 03912515 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

OYSTER MARKETING & DESIGN LTD

OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OYSTER MARKETING & DESIGN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr R Morgan
Mrs C Morgan





REGISTERED OFFICE: 12A North Street
Emsworth
Hampshire
PO10 7DQ





REGISTERED NUMBER: 03912515 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,469 24,688
Investments 5 (200 ) (200 )
26,269 24,488

CURRENT ASSETS
Stocks 6 14,000 14,000
Debtors 7 45,925 13,690
Cash at bank and in hand 174,608 137,723
234,533 165,413
CREDITORS
Amounts falling due within one year 8 76,603 58,100
NET CURRENT ASSETS 157,930 107,313
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,199

131,801

RESERVES
Retained earnings 184,199 131,801
SHAREHOLDERS' FUNDS 184,199 131,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

BALANCE SHEET - continued
31 JANUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2024 and were signed on its behalf by:





Mr R Morgan - Director


OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Oyster Marketing & Design Ltd 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.

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.
Tooling and development - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Office Equipment - 20% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 2 ) .

OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Tooling
and Motor Office
development vehicles Equipment Totals
£    £    £    £   
COST
At 1 February 2023 23,282 16,374 53,495 93,151
Additions 4,111 - 4,286 8,397
At 31 January 2024 27,393 16,374 57,781 101,548
DEPRECIATION
At 1 February 2023 17,143 13,192 38,128 68,463
Charge for year 2,050 636 3,930 6,616
At 31 January 2024 19,193 13,828 42,058 75,079
NET BOOK VALUE
At 31 January 2024 8,200 2,546 15,723 26,469
At 31 January 2023 6,139 3,182 15,367 24,688

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 February 2023
and 31 January 2024 (200 )
NET BOOK VALUE
At 31 January 2024 (200 )
At 31 January 2023 (200 )

6. STOCKS
31.1.24 31.1.23
£    £   
Work-in-progress 14,000 14,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 36,497 13,690
VAT 9,428 -
45,925 13,690

OYSTER MARKETING & DESIGN LTD (REGISTERED NUMBER: 03912515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 893 925
Tax 25,007 19,364
Social security and other taxes 37,702 17,338
VAT - 14,582
Directors' current accounts 13,001 5,891
76,603 58,100