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REGISTERED NUMBER: 12488262 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2023 TO 27 FEBRUARY 2024

FOR

O.HANCOX SERVICES LTD

O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


O.HANCOX SERVICES LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024







DIRECTOR: O T Hancox





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





BUSINESS ADDRESS: 15 Field Close
Warboys
Huntingdon
Cambridgeshire
PE28 2UT





REGISTERED NUMBER: 12488262 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)

BALANCE SHEET
27 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 32,224 34,781

CURRENT ASSETS
Debtors 6 111 34,323
Cash at bank 55,282 65,716
55,393 100,039
CREDITORS
Amounts falling due within one year 7 (16,142 ) (16,248 )
NET CURRENT ASSETS 39,251 83,791
TOTAL ASSETS LESS CURRENT LIABILITIES 71,475 118,572

CREDITORS
Amounts falling due after more than one
year

8

(12,041

)

(18,041

)

PROVISIONS FOR LIABILITIES 10 (8,056 ) (8,695 )
NET ASSETS 51,378 91,836

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 51,278 91,736
SHAREHOLDERS' FUNDS 51,378 91,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)

BALANCE SHEET - continued
27 FEBRUARY 2024


The 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.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:





O T Hancox - Director


O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024

1. STATUTORY INFORMATION

O.Hancox Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is derived from telecommunications services. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 25% on cost

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 43,303
Additions 7,588
At 27 February 2024 50,891
DEPRECIATION
At 1 March 2023 8,522
Charge for period 10,145
At 27 February 2024 18,667
NET BOOK VALUE
At 27 February 2024 32,224
At 28 February 2023 34,781

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2023
and 27 February 2024 36,000
DEPRECIATION
At 1 March 2023 5,250
Charge for period 7,688
At 27 February 2024 12,938
NET BOOK VALUE
At 27 February 2024 23,062
At 28 February 2023 30,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 33,827
Other debtors 111 496
111 34,323

O.HANCOX SERVICES LTD (REGISTERED NUMBER: 12488262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,959 7,959
Taxation and social security 7,006 1,323
Other creditors 1,177 6,966
16,142 16,248

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,041 18,041

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 20,000 26,000

Amounts owed under hire purchase agreements are secured against the assets to which they relate.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,056 8,695

Deferred
tax
£   
Balance at 1 March 2023 8,695
Provided during period (639 )
Balance at 27 February 2024 8,056

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

12. RELATED PARTY DISCLOSURES

At the balance sheet date the director was owed £391 (2023: £6,047). The amount bears no interest, is repayable on demand and is disclosed within other creditors due in less than one year.