Company Registration No. 09582521 (England and Wales)
Oxid Ltd
Unaudited accounts
for the year ended 31 May 2024
Oxid Ltd
Unaudited accounts
Contents
Oxid Ltd
Company Information
for the year ended 31 May 2024
Directors
Dr Nikolay Grechko
Oxana Grechko
Diana Gryechko
Company Number
09582521 (England and Wales)
Registered Office
International House
36-38 Cornhill
London
EC3V 3NG
United Kingdom
Accountants
Lanamak Finance Ltd
128 City Road
London
EC1V 2NX
Oxid Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
3,056
3,806
Creditors: amounts falling due within one year
(1,100)
(1,000)
Net current assets
1,956
2,806
Total assets less current liabilities
1,956
2,806
Creditors: amounts falling due after more than one year
(55,114)
(50,296)
Net liabilities
(53,158)
(47,490)
Called up share capital
100
100
Profit and loss account
(53,258)
(47,590)
Shareholders' funds
(53,158)
(47,490)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by
Dr Nikolay Grechko
Director
Company Registration No. 09582521
Oxid Ltd
Notes to the Accounts
for the year ended 31 May 2024
Oxid Ltd is a private company, limited by shares, registered in England and Wales, registration number 09582521. The registered office is International House, 36-38 Cornhill, London, EC3V 3NG, United Kingdom.
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 year, 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 balance sheet shows a deficit of £53,158 (2023: £47,490). The directors, by taking account of all relevant information currently available, consider that the company will be able to meet all debts as they fall due. The directors have indicated their willingness to support the company for the foreseeable future. Under these circumstances, the directors are of the opinion that it is appropriate for the financial statements to be prepared on a going concern basis.
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 3 (2023: 3).