Acorah Software Products - Accounts Production 16.4.660 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09939111 Russell Way Laura Way iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09939111 2024-02-29 09939111 2025-02-28 09939111 2024-03-01 2025-02-28 09939111 frs-core:CurrentFinancialInstruments 2025-02-28 09939111 frs-core:ComputerEquipment 2025-02-28 09939111 frs-core:ComputerEquipment 2024-03-01 2025-02-28 09939111 frs-core:ComputerEquipment 2024-02-29 09939111 frs-core:PlantMachinery 2025-02-28 09939111 frs-core:PlantMachinery 2024-03-01 2025-02-28 09939111 frs-core:PlantMachinery 2024-02-29 09939111 frs-core:WithinOneYear 2025-02-28 09939111 frs-core:ShareCapital 2025-02-28 09939111 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09939111 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09939111 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09939111 frs-bus:SmallEntities 2024-03-01 2025-02-28 09939111 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09939111 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09939111 frs-bus:Director1 2024-03-01 2025-02-28 09939111 frs-bus:Director2 2024-03-01 2025-02-28 09939111 frs-countries:EnglandWales 2024-03-01 2025-02-28 09939111 2023-02-28 09939111 2024-02-29 09939111 2023-03-01 2024-02-29 09939111 frs-core:CurrentFinancialInstruments 2024-02-29 09939111 frs-core:BetweenOneFiveYears 2024-02-29 09939111 frs-core:WithinOneYear 2024-02-29 09939111 frs-core:ShareCapital 2024-02-29 09939111 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 09939111
Simply Oxygen Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 09939111
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,978 67,904
69,978 67,904
CURRENT ASSETS
Debtors 5 54,223 85,676
Cash at bank and in hand 36,151 13,522
90,374 99,198
Creditors: Amounts Falling Due Within One Year 6 (120,787 ) (127,863 )
NET CURRENT ASSETS (LIABILITIES) (30,413 ) (28,665 )
TOTAL ASSETS LESS CURRENT LIABILITIES 39,565 39,239
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,296 ) (12,902 )
NET ASSETS 26,269 26,337
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 26,169 26,237
SHAREHOLDERS' FUNDS 26,269 26,337
For the year ending 28 February 2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Russell Way
Director
28/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Simply Oxygen Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09939111 . The registered office is 8 Church Close, Addlestone, KT15 1RT.
The presentation currency is £ sterling.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured as services are performed in the provision of hyperbaric oxygen therapy for the period up to and including the balance sheet date, excluding value added tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% straight line
Computer Equipment 20% straight line
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 120,762 15,976 136,738
Additions 29,205 1,177 30,382
As at 28 February 2025 149,967 17,153 167,120
Depreciation
As at 1 March 2024 61,394 7,440 68,834
Provided during the period 25,130 3,178 28,308
As at 28 February 2025 86,524 10,618 97,142
Net Book Value
As at 28 February 2025 63,443 6,535 69,978
As at 1 March 2024 59,368 8,536 67,904
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 54,223 85,676
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 113,619 122,075
Taxation and social security 7,168 5,788
120,787 127,863
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 20,000 24,000
Later than one year and not later than five years - 20,000
20,000 44,000
Page 3