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Sanders of Oxford Limited
Filleted accounts
31 December 2024
Company registration number: 00611809
Sanders of Oxford Limited
Directors and other information

| Directors | S Boada-Momtahan
|  | P Marston
| Company number | 00611809
| Registered office | 104 High Street
|  | Oxford
|  | OX1 4BW
| Accountants | Cox Hinkins & Co. Limited
|  | Accountants and Taxation Advisors
|  | The Old Dairy
|  | 12 Stephen Road
|  | Headington
|  | Oxford
|  | OX3 9AY

Sanders of Oxford Limited
Balance sheet
31st December 2024

|  |  | 2024 |  |  |  | 2023 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 38,572 |  |  |  | 4,376 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 38,572 |  |  |  | 4,376
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 387,000 |  |  |  | 375,000 |  |
Debtors |  | 6 | 1,842 |  |  |  | 1,975 |  |
Cash at bank and in hand |  |  | 12,877 |  |  |  | 99,542 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 401,719 |  |  |  | 476,517 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 24,326) |  |  |  | ( 24,331) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 377,393 |  |  |  | 452,186
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 415,965 |  |  |  | 456,562
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 8 |  |  | ( 446,098) |  |  |  | ( 500,898)
|  |  |  |  | _______ |  |  |  | _______
Net liabilities |  |  |  |  | ( 30,133) |  |  |  | ( 44,336)
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  | 119,250 |  |  |  | 119,250
Capital redemption reserve |  |  |  |  | 875 |  |  |  | 875
Profit and loss account |  |  |  |  | ( 150,258) |  |  |  | ( 164,461)
|  |  |  |  | _______ |  |  |  | _______
Shareholders deficit |  |  |  |  | ( 30,133) |  |  |  | ( 44,336)
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit & loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:
S Boada-Momtahan
Director
Company registration number: 00611809
Sanders of Oxford Limited
Notes to the financial statements
Year ended 31st December 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 104 High Street, Oxford, OX1 4BW. There was no significant change in the company's principal activity during the year which continued to be the sale of goods comprising mainly of rare books and maps.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The principal accounting policies are set out below. The financial statements are prepared in sterling which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is not recognised in respect of any timing differences at the reporting date as all are insignificant. Unrelieved tax losses are not recognised as it is uncertain when they will be recovered against future taxable profits.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

| Office equipment | - | 33.3 % | straight line
| Motor vehicles | - | 20 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Provision is made for damaged, obsolete and slow moving stock where appropriate.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities. The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2023: 7 ).
5. Tangible assets

|  | Fixtures, fittings and equipment | Motor vehicles | Total |  |  |  |
|  | £ | £ | £ |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1st January 2024 | 61,330 | 19,014 | 80,344 |  |  |  |
| Additions | 48,943 | - | 48,943 |  |  |  |
| Disposals | ( 50,309) | - | ( 50,309) |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31st December 2024 | 59,964 | 19,014 | 78,978 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1st January 2024 | 56,954 | 19,014 | 75,968 |  |  |  |
| Charge for the year | 14,747 | - | 14,747 |  |  |  |
| Disposals | ( 50,309) | - | ( 50,309) |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31st December 2024 | 21,392 | 19,014 | 40,406 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31st December 2024 | 38,572 | - | 38,572 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 31st December 2023 | 4,376 | - | 4,376 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |

6. Debtors

|  |  | 2024 | 2023
|  |  | £ | £
| Other debtors |  | 1,842 | 1,975
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2024 | 2023
|  |  | £ | £
| Trade creditors |  | 3,731 | 4,835
| Social security and other taxes |  | 16,935 | 15,836
| Other creditors |  | 3,660 | 3,660
|  |  | _______ | _______
|  |  | 24,326 | 24,331
|  |  | _______ | _______

8. Creditors: amounts falling due after more than one year

|  |  | 2024 | 2023
|  |  | £ | £
| Other creditors |  | 446,098 | 500,898
|  |  | _______ | _______

9. Called up share capital
Issued, called up and fully paid

|  |  | 2024 |  |  |  | 2023 |  |
|  |  | No |  | £ |  | No |  | £
| Ordinary shares of £ 1.00 each |  | 119,250 |  | 119,250 |  | 119,250 |  | 119,250
|  |  | _______ |  | _______ |  | _______ |  | _______