2023-05-01 2024-04-30 false Capium Accounts Production 1.1 07239412 bus:FullAccounts 2023-05-01 2024-04-30 07239412 bus:FRS102 2023-05-01 2024-04-30 07239412 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07239412 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07239412 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07239412 2023-05-01 2024-04-30 07239412 2024-04-30 07239412 bus:RegisteredOffice 2023-05-01 2024-04-30 07239412 core:WithinOneYear 2024-04-30 07239412 core:AfterOneYear 2024-04-30 07239412 bus:Director1 2023-05-01 2024-04-30 07239412 bus:Director1 2024-04-30 07239412 bus:Director1 2022-05-01 2023-04-30 07239412 2022-05-01 07239412 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 07239412 2022-05-01 2023-04-30 07239412 2023-04-30 07239412 core:WithinOneYear 2023-04-30 07239412 core:AfterOneYear 2023-04-30 07239412 bus:EntityAccountantsOrAuditors 2022-05-01 2023-04-30 07239412 core:PlantMachinery 2023-05-01 2024-04-30 07239412 core:PlantMachinery 2024-04-30 07239412 core:PlantMachinery 2023-04-30 07239412 core:MotorCars 2023-05-01 2024-04-30 07239412 core:MotorCars 2024-04-30 07239412 core:MotorCars 2023-04-30 07239412 core:ComputerEquipment 2023-05-01 2024-04-30 07239412 core:ComputerEquipment 2024-04-30 07239412 core:ComputerEquipment 2023-04-30 07239412 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-04-30 07239412 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 07239412 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 07239412 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 07239412 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-04-30 07239412 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 07239412 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 07239412 core:Non-currentFinancialInstruments 2024-04-30 07239412 core:Non-currentFinancialInstruments 2023-04-30 07239412 core:ShareCapital 2024-04-30 07239412 core:ShareCapital 2023-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2024-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2023-04-30 07239412 core:ShareCapitalOrdinaryShares 2023-05-01 07239412 core:ShareCapitalOrdinaryShares 2022-05-01 07239412 core:ShareCapitalOrdinaryShares 2023-05-01 2024-04-30 07239412 core:ShareCapitalOrdinaryShares 2022-05-01 2023-04-30 07239412 core:ShareCapitalOrdinaryShares 2024-04-30 07239412 core:ShareCapitalOrdinaryShares 2023-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2023-05-01 07239412 core:RetainedEarningsAccumulatedLosses 2022-05-01 07239412 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2024-04-30 07239412 core:RetainedEarningsAccumulatedLosses 2023-04-30 07239412 dpl:Item1 2023-05-01 07239412 dpl:Item1 2024-04-30 07239412 dpl:Item1 2022-05-01 07239412 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07239412
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 30 April 2024

for

ASPECT DEVELOPMENTS (OXFORD) LIMITED

Director Steven Jordan
Registered Number 07239412
Registered Office 127 Whitecross
Abingdon
Oxford
OX13 6BP
Accountants Strata Accountants Limited
Milton Park Innovation Centre
99 Park Drive
Abingdon
OX14 4RY
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 2,289    4,104 
2,289    4,104 
Current assets      
Stocks 4 2,000    2,000 
Debtors 5 5,393    4,251 
Cash at bank and in hand 50,638    57,358 
58,031    63,609 
Creditors: amount falling due within one year 6 (30,165)   (35,885)
Net current assets 27,866    27,724 
 
Total assets less current liabilities 30,155    31,828 
Creditors: amount falling due after more than one year 7 (8,768)   (13,754)
Provisions for liabilities 8 (435)   (780)
Net assets 20,952    17,294 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 20,950    17,292 
Shareholders' funds 20,952    17,294 
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 director on 22 October 2024 and were signed by:


-------------------------------
Steven Jordan
Director
2
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 May 2022 2  9,827  9,829 
Profit for the year 37,465  37,465 
Total comprehensive income for the year 37,465  37,465 
Dividends (30,000) (30,000)
Total investments by and distributions to owners (30,000) (30,000)
At 30 April 2023 2  17,292  17,294 
At 01 May 2023 2  17,292  17,294 
Profit for the year 40,658  40,658 
Total comprehensive income for the year 40,658  40,658 
Dividends (37,000) (37,000)
Total investments by and distributions to owners (37,000) (37,000)
At 30 April 2024 2  20,950  20,952 
3
General Information
Aspect Developments (Oxford) Limited is a private company, limited by shares, registered in England and Wales, registration number 07239412, registration address 127 Whitecross, Abingdon , Oxford, OX13 6BP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
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.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 May 2023 12,681    45,417    1,452    59,550 
Additions      
Disposals      
At 30 April 2024 12,681    45,417    1,452    59,550 
Depreciation
At 01 May 2023 8,999    45,417    1,030    55,446 
Charge for year 1,694      121    1,815 
On disposals      
At 30 April 2024 10,693    45,417    1,151    57,261 
Net book values
Closing balance as at 30 April 2024 1,988      301    2,289 
Opening balance as at 01 May 2023 3,682      422    4,104 


4.

Stocks

2024
£
  2023
£
Stocks 2,000    2,000 
2,000    2,000 

5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 3,376   
Prepayments 1,168    857 
Accrued Income   2,794 
Other Debtors 849    600 
5,393    4,251 

6.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 6,410    4,997 
Bank Loans & Overdrafts 5,001    5,001 
Corporation Tax 10,087    8,653 
PAYE & Social Security 383    564 
Accrued Expenses   143 
Other Creditors 661    138 
Directors' Current Accounts 348    11,931 
VAT 7,275    4,458 
30,165    35,885 

7.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 8,768    13,754 
8,768    13,754 

8.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 435    780 
435    780 

4