Company Registration No. 13810744 (England and Wales)
Msquared Oxford Limited
Unaudited accounts
for the period from 31 December 2022 to 31 December 2023
Msquared Oxford Limited
Unaudited accounts
Contents
Msquared Oxford Limited
Company Information
for the period from 31 December 2022 to 31 December 2023
Director
Mobin Heirani Moghaddam
Company Number
13810744 (England and Wales)
Registered Office
2 Linkside Avenue
Oxford
OX2 8HY
England
Accountants
Griffin and Sage Limited
172 Park Road
Peterborough
PE1 2UF
Msquared Oxford Limited
Statement of financial position
as at 31 December 2023
Tangible assets
569,843
570,754
Cash at bank and in hand
1,362
9,978
Creditors: amounts falling due within one year
(177,003)
(177,415)
Net current liabilities
(169,528)
(167,437)
Total assets less current liabilities
400,315
403,317
Creditors: amounts falling due after more than one year
(397,500)
(397,500)
Called up share capital
100
100
Profit and loss account
2,715
5,717
Shareholders' funds
2,815
5,817
For the period ending 31 December 2023 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 his 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 27 September 2024 and were signed on its behalf by
Mobin Heirani Moghaddam
Director
Company Registration No. 13810744
Msquared Oxford Limited
Notes to the Accounts
for the period from 31 December 2022 to 31 December 2023
Msquared Oxford Limited is a private company, limited by shares, registered in England and Wales, registration number 13810744. The registered office is 2 Linkside Avenue, Oxford, OX2 8HY, England.
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 remained unchanged from the previous period, and also 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.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 31 December 2022
567,110
3,330
1,529
571,969
At 31 December 2023
567,110
3,330
1,529
571,969
At 31 December 2022
-
833
382
1,215
Charge for the period
-
624
287
911
At 31 December 2023
-
1,457
669
2,126
At 31 December 2023
567,110
1,873
860
569,843
At 30 December 2022
567,110
2,497
1,147
570,754
Amounts falling due within one year
Accrued income and prepayments
6,113
-
Msquared Oxford Limited
Notes to the Accounts
for the period from 31 December 2022 to 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
486
486
Loans from directors
175,077
176,929
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
397,500
397,500
8
Average number of employees
During the period the average number of employees was 0 (2022: 0).