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REGISTERED NUMBER: 02679883 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

OXFORD MICROBEAMS LIMITED

OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OXFORD MICROBEAMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Dr G Grime
Dr F Watt





SECRETARY: Dr F Watt





REGISTERED OFFICE: Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT





REGISTERED NUMBER: 02679883 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,146 1,528

CURRENT ASSETS
Stocks 10,365 10,365
Debtors 5 4,007 75
Cash at bank 182,079 250,013
196,451 260,453
CREDITORS
Amounts falling due within one year 6 38,331 173,206
NET CURRENT ASSETS 158,120 87,247
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,266

88,775

PROVISIONS FOR LIABILITIES 7 275 313
NET ASSETS 158,991 88,462

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 148,991 78,462
SHAREHOLDERS' FUNDS 158,991 88,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)

BALANCE SHEET - continued
30 JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





Dr F Watt - Director


OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Oxford Microbeams Limited 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.

2. ACCOUNTING POLICIES

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

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Revenue is recognised for the sale of goods when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on the dispatch of goods), the amount of revenue can be measured reliably, it is probable that the economic benefit will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 5,987
DEPRECIATION
At 1 July 2023 4,459
Charge for year 382
At 30 June 2024 4,841
NET BOOK VALUE
At 30 June 2024 1,146
At 30 June 2023 1,528

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 3,768 -
Prepayments 239 75
4,007 75

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 101
Tax 34,305 16,016
VAT - 2,241
Other creditors - 64
Directors' current accounts 2,025 1,934
Accruals and deferred income 2,001 152,850
38,331 173,206

OXFORD MICROBEAMS LIMITED (REGISTERED NUMBER: 02679883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 275 313

Deferred
tax
£   
Balance at 1 July 2023 313
Provided during year (38 )
Balance at 30 June 2024 275

8. CALLED UP SHARE CAPITAL




Number

Class:
Nominal
Value:

2024

2023
£ £
3,000 Ordinary A shares £1 3,000 3,000
3,000 Ordinary B Shares £1 3,000 3,000
1,500 Ordinary C Shares £1 1,500 1,500
1,500 Ordinary D Shares £1 1,500 1,500
1,000 Ordinary E Shares £1 1,000 1,000
---------- -------------
10,000 10,000
====== =======