IRIS Accounts Production v25.1.0.734 12758507 director 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127585072023-07-31127585072024-07-31127585072023-08-012024-07-31127585072022-07-31127585072022-08-012023-07-31127585072023-07-3112758507ns15:EnglandWales2023-08-012024-07-3112758507ns14:PoundSterling2023-08-012024-07-3112758507ns10:Director12023-08-012024-07-3112758507ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112758507ns10:SmallEntities2023-08-012024-07-3112758507ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3112758507ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112758507ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112758507ns10:AbridgedAccounts2023-08-012024-07-3112758507ns10:OrdinaryShareClass12023-08-012024-07-3112758507ns10:RegisteredOffice2023-08-012024-07-3112758507ns5:CurrentFinancialInstruments2024-07-3112758507ns5:CurrentFinancialInstruments2023-07-3112758507ns5:ShareCapital2024-07-3112758507ns5:ShareCapital2023-07-3112758507ns5:RetainedEarningsAccumulatedLosses2024-07-3112758507ns5:RetainedEarningsAccumulatedLosses2023-07-3112758507ns5:PlantMachinery2023-08-012024-07-3112758507ns10:OrdinaryShareClass12024-07-31127585071ns10:Director12023-07-31127585071ns10:Director12022-07-31127585071ns10:Director12023-08-012024-07-31127585071ns10:Director12022-08-012023-07-31127585071ns10:Director12024-07-31127585071ns10:Director12023-07-31
REGISTERED NUMBER: 12758507 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

OXAIR LIMITED

OXAIR LIMITED (REGISTERED NUMBER: 12758507)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

OXAIR LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: A K Howlett





REGISTERED OFFICE: 144 Cromwell Way
Kidlington
Oxford
Oxfordshire
OX5 2LJ





REGISTERED NUMBER: 12758507 (England and Wales)





ACCOUNTANTS: S R Lynn & Co
Chartered Certified Accountants
6 Partridge Lane
Bromham
Bedford
Bedfordshire
MK43 8PQ

OXAIR LIMITED (REGISTERED NUMBER: 12758507)

ABRIDGED BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 7,777

CURRENT ASSETS
Debtors 47,576 54,652
Cash at bank 1,101 5
48,677 54,657
CREDITORS
Amounts falling due within one year 47,468 92,770
NET CURRENT ASSETS/(LIABILITIES) 1,209 (38,113 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,209

(30,336

)

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 1,109 (30,436 )
SHAREHOLDERS' FUNDS 1,209 (30,336 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:




A K Howlett - Director


OXAIR LIMITED (REGISTERED NUMBER: 12758507)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Oxair 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.

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


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.

The director has reviewed the current results and is confident, the company will return to profitable.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
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.
Plant and machinery etc - 20% on cost

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.

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 3 (2023 - 2 ) .

OXAIR LIMITED (REGISTERED NUMBER: 12758507)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 8,333
Disposals (8,333 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 556
Eliminated on disposal (556 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 7,777

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
A K Howlett
Balance outstanding at start of year (2,886 ) 1,709
Amounts advanced 17,180 -
Amounts repaid - (4,595 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,294 (2,886 )

7. RELATED PARTY DISCLOSURES

Mr A Howlett owns 100% of the share capital and is the ultimate controlling party.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OXAIR LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oxair Limited for the year ended 31 July 2024 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Oxair Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oxair Limited and state those matters that we have agreed to state to the director of Oxair Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Oxair Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oxair Limited. You consider that Oxair Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oxair Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






S R Lynn & Co
Chartered Certified Accountants
6 Partridge Lane
Bromham
Bedford
Bedfordshire
MK43 8PQ


23 April 2025