1 1 Oxford Readings Limited 08514698 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is That of meter reading Digita Accounts Production Advanced 6.30.9574.0 true 08514698 2023-06-01 2024-05-31 08514698 2024-05-31 08514698 bus:OrdinaryShareClass1 2024-05-31 08514698 core:FurnitureFittingsToolsEquipment 2024-05-31 08514698 core:MotorVehicles 2024-05-31 08514698 bus:SmallEntities 2023-06-01 2024-05-31 08514698 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08514698 bus:FilletedAccounts 2023-06-01 2024-05-31 08514698 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08514698 bus:RegisteredOffice 2023-06-01 2024-05-31 08514698 bus:Director1 2023-06-01 2024-05-31 08514698 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 08514698 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08514698 bus:Agent1 2023-06-01 2024-05-31 08514698 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 08514698 core:MotorVehicles 2023-06-01 2024-05-31 08514698 countries:EnglandWales 2023-06-01 2024-05-31 08514698 2023-05-31 08514698 core:FurnitureFittingsToolsEquipment 2023-05-31 08514698 core:MotorVehicles 2023-05-31 08514698 2022-06-01 2023-05-31 08514698 2023-05-31 08514698 bus:OrdinaryShareClass1 2023-05-31 08514698 core:FurnitureFittingsToolsEquipment 2023-05-31 08514698 core:MotorVehicles 2023-05-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 08514698

Oxford Readings Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 May 2024

 

Oxford Readings Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Oxford Readings Limited

Company Information

Director

Mr Simon Paul Dickens

Registered office

Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

Accountants

Rawcliffe & Co Limited
Chartered AccountantsUnit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

 

Oxford Readings Limited

(Registration number: 08514698)
Abridged Balance Sheet as at 31 May 2024

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 January 2025
 

.........................................
Mr Simon Paul Dickens
Director

   
     
 

Oxford Readings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP
United Kingdom

These financial statements were authorised for issue by the director on 8 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Oxford Readings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 June 2023

651

5,197

5,848

At 31 May 2024

651

5,197

5,848

Depreciation

At 1 June 2023

413

3,963

4,376

Charge for the year

35

309

344

At 31 May 2024

448

4,272

4,720

Carrying amount

At 31 May 2024

203

925

1,128

At 31 May 2023

238

1,234

1,472

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100