2023-02-01 2024-01-31 false Capium Accounts Production 1.1 08853306 bus:FullAccounts 2023-02-01 2024-01-31 08853306 bus:FRS102 2023-02-01 2024-01-31 08853306 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08853306 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08853306 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08853306 2023-02-01 2024-01-31 08853306 2024-01-31 08853306 bus:RegisteredOffice 2023-02-01 2024-01-31 08853306 core:WithinOneYear 2024-01-31 08853306 core:AfterOneYear 2024-01-31 08853306 bus:Director1 2023-02-01 2024-01-31 08853306 bus:Director1 2024-01-31 08853306 bus:Director1 2022-02-01 2023-01-31 08853306 bus:Director2 2023-02-01 2024-01-31 08853306 bus:Director2 2024-01-31 08853306 bus:Director2 2022-02-01 2023-01-31 08853306 2022-02-01 08853306 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 08853306 2022-02-01 2023-01-31 08853306 2023-01-31 08853306 core:WithinOneYear 2023-01-31 08853306 core:AfterOneYear 2023-01-31 08853306 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 08853306 core:PlantMachinery 2023-02-01 2024-01-31 08853306 core:PlantMachinery 2024-01-31 08853306 core:PlantMachinery 2023-01-31 08853306 core:MotorCars 2023-02-01 2024-01-31 08853306 core:MotorCars 2024-01-31 08853306 core:MotorCars 2023-01-31 08853306 core:FurnitureFittings 2023-02-01 2024-01-31 08853306 core:FurnitureFittings 2024-01-31 08853306 core:FurnitureFittings 2023-01-31 08853306 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 08853306 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 08853306 core:NetGoodwill 2023-02-01 2024-01-31 08853306 core:NetGoodwill 2024-01-31 08853306 core:NetGoodwill 2023-01-31 08853306 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 08853306 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 08853306 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 08853306 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 08853306 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 08853306 core:Non-currentFinancialInstruments 2024-01-31 08853306 core:Non-currentFinancialInstruments 2023-01-31 08853306 core:ShareCapital 2024-01-31 08853306 core:ShareCapital 2023-01-31 08853306 core:RetainedEarningsAccumulatedLosses 2024-01-31 08853306 core:RetainedEarningsAccumulatedLosses 2023-01-31 08853306 dpl:Item1 2023-02-01 08853306 dpl:Item1 2024-01-31 08853306 dpl:Item1 2022-02-01 08853306 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08853306
England and Wales

 

 

 

OXSTALLS FRYER LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Directors Mr COSTAS HARRIS NEOCLEOUS
Mrs ANDRIA NEOCLEOUS
Registered Number 08853306
Registered Office 37 OXSTALLS LANE
LONGLEVENS
GLOUCESTER
Birmingham
GL2 9HP
Accountants Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 January 2024.
Principal activities
Principal activity of the company during the financial year was of a fish and chip shop
Directors
The directors who served the company throughout the year were as follows:
Mr COSTAS HARRIS NEOCLEOUS
Mrs ANDRIA NEOCLEOUS
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Mr COSTAS HARRIS NEOCLEOUS
Director

Date approved: 13 August 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 150,000    150,000 
Tangible fixed assets 4 57,026    53,151 
207,026    203,151 
Current assets      
Stocks 5 3,482    2,075 
Debtors 6   2,763 
Cash at bank and in hand 215,715    170,953 
219,197    175,791 
Creditors: amount falling due within one year 7 (36,226)   (33,620)
Net current assets 182,971    142,171 
 
Total assets less current liabilities 389,997    345,322 
Net assets 389,997    345,322 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 389,897    345,222 
Shareholders' funds 389,997    345,322 
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 13 August 2024 and were signed on its behalf by:


-------------------------------
Mr COSTAS HARRIS NEOCLEOUS
Director
3
General Information
OXSTALLS FRYER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08853306, registration address 37 OXSTALLS LANE, LONGLEVENS, GLOUCESTER, Birmingham, GL2 9HP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 10% Straight Line
Motor Vehicles 20 Straight Line
Fixtures and Fittings 10 Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 17 (2023 : 17).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 February 2023 150,000    150,000 
Additions  
Disposals  
At 31 January 2024 150,000    150,000 
Net book values
At 31 January 2024 150,000    150,000 
At 31 January 2023 150,000    150,000 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Improvements to property   Total
  £   £   £   £   £
At 01 February 2023 21,220    6,570    21,048    23,694    72,532 
Additions     9,002      9,002 
Disposals        
At 31 January 2024 21,220    6,570    30,050    23,694    81,534 
Depreciation
At 01 February 2023 8,853    6,570    3,958      19,381 
Charge for year 2,122      3,005      5,127 
On disposals        
At 31 January 2024 10,975    6,570    6,963      24,508 
Net book values
Closing balance as at 31 January 2024 10,245      23,087    23,694    57,026 
Opening balance as at 01 February 2023 12,367      17,090    23,694    53,151 


5.

Stocks

2024
£
  2023
£
Finished Goods 3,482    2,075 
3,482    2,075 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Prepayments & Accrued Income   2,440 
Corporation Tax   117 
PAYE & Social Security   206 
  2,763 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 1,504    3,583 
Corporation Tax 13,383   
PAYE & Social Security 611   
Accrued Expenses 950    387 
Other Creditors 17,699    23,520 
Directors' Current Accounts 2,079    6,130 
36,226    33,620 

4