Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13178179 Mr Stephen Whyte iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13178179 2023-02-28 13178179 2024-02-29 13178179 2023-03-01 2024-02-29 13178179 frs-core:CurrentFinancialInstruments 2024-02-29 13178179 frs-core:ComputerEquipment 2024-02-29 13178179 frs-core:ComputerEquipment 2023-03-01 2024-02-29 13178179 frs-core:ComputerEquipment 2023-02-28 13178179 frs-core:FurnitureFittings 2024-02-29 13178179 frs-core:FurnitureFittings 2023-03-01 2024-02-29 13178179 frs-core:FurnitureFittings 2023-02-28 13178179 frs-core:NetGoodwill 2024-02-29 13178179 frs-core:NetGoodwill 2023-03-01 2024-02-29 13178179 frs-core:NetGoodwill 2023-02-28 13178179 frs-core:MotorVehicles 2024-02-29 13178179 frs-core:MotorVehicles 2023-03-01 2024-02-29 13178179 frs-core:MotorVehicles 2023-02-28 13178179 frs-core:PlantMachinery 2024-02-29 13178179 frs-core:PlantMachinery 2023-03-01 2024-02-29 13178179 frs-core:PlantMachinery 2023-02-28 13178179 frs-core:ShareCapital 2024-02-29 13178179 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13178179 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13178179 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13178179 frs-bus:SmallEntities 2023-03-01 2024-02-29 13178179 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13178179 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13178179 frs-bus:Director1 2023-03-01 2024-02-29 13178179 frs-countries:EnglandWales 2023-03-01 2024-02-29 13178179 2022-02-28 13178179 2023-02-28 13178179 2022-03-01 2023-02-28 13178179 frs-core:CurrentFinancialInstruments 2023-02-28 13178179 frs-core:ShareCapital 2023-02-28 13178179 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13178179
Oxford Analytical Services Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13178179
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,000 30,000
Tangible Assets 5 69,728 98,426
89,728 128,426
CURRENT ASSETS
Debtors 6 357,480 380,019
Cash at bank and in hand 20,382 36,439
377,862 416,458
Creditors: Amounts Falling Due Within One Year 7 (1,547,118 ) (1,184,772 )
NET CURRENT ASSETS (LIABILITIES) (1,169,256 ) (768,314 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,079,528 ) (639,888 )
NET LIABILITIES (1,079,528 ) (639,888 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,079,628 ) (639,988 )
SHAREHOLDERS' FUNDS (1,079,528) (639,888)
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stephen Whyte
Director
19/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oxford Analytical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13178179 . The registered office is Unit 26, Oak Business Centre 79-93 Ratcliffe Road, Sileby, Loughborough, Leicestershire, LE12 7PU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 50% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2023: 21)
21 21
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2023 50,000
As at 29 February 2024 50,000
Amortisation
As at 1 March 2023 20,000
Provided during the period 10,000
As at 29 February 2024 30,000
...CONTINUED
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Page 4
Net Book Value
As at 29 February 2024 20,000
As at 1 March 2023 30,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 146,386 18,193 6,200 2,508 173,287
Additions 2,980 - - - 2,980
As at 29 February 2024 149,366 18,193 6,200 2,508 176,267
Depreciation
As at 1 March 2023 60,681 9,498 2,666 2,016 74,861
Provided during the period 23,293 6,403 1,490 492 31,678
As at 29 February 2024 83,974 15,901 4,156 2,508 106,539
Net Book Value
As at 29 February 2024 65,392 2,292 2,044 - 69,728
As at 1 March 2023 85,705 8,695 3,534 492 98,426
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 64,591 81,525
Amounts owed by participating interests 264,376 179,383
Other debtors 28,513 119,111
357,480 380,019
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,519 24,369
Amounts owed to participating interests 579,972 1,142,504
Other creditors 940,496 2,308
Taxation and social security 19,131 15,591
1,547,118 1,184,772
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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