REGISTERED NUMBER: 01596771 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th March 2025

for

FOCUS OFFICE EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

D M Samuel

Mrs K A Samuel

C M Samuel

Secretary:

Mrs K A Samuel

Registered office:

Belmont House

Bayswater Farm Road

Headington

Oxford

OX3 8BX

Registered number:

01596771 (England and Wales)

Accountants:

S G Beale and Co

Chartered Accountants

1 Kille House

Chinnor Road

Thame

Oxfordshire

OX9 3NU

FIXED ASSETS

-

Intangible assets

4

-

430,870

Tangible assets

5

426,261

430,870

426,261

CURRENT ASSETS

454,426

Debtors

6

706,249

109,511

Cash at bank

73,798

563,937

780,047

CREDITORS

291,196

Amounts falling due within one year

7

381,335

272,741

NET CURRENT ASSETS

398,712

703,611

TOTAL ASSETS LESS CURRENT LIABILITIES

824,973

CREDITORS

245,006

Amounts falling due after more than one year

8

363,239

458,605

NET ASSETS

461,734

CAPITAL AND RESERVES

5,104

Called up share capital

10

5,104

453,501

Retained earnings

11

456,630

458,605

SHAREHOLDERS' FUNDS

461,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th March 2025 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.

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 24th December 2025 and were signed on its behalf by:

D M Samuel - Director

1.	STATUTORY INFORMATION

Focus Office Equipment 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.

Turnover

Turnover represents net invoiced sales of services excluding VAT.

The company operates support contracts in respect of the provision of software and income is recognised on a time basis evenly over the period of the contract.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of seventeen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment & furniture

-

25% on written down values

Computer equipment

-

25% on written down values

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 31st March 2024

and 30th March 2025

55,000

Amortisation

At 31st March 2024

and 30th March 2025

55,000

Net book value

At 30th March 2025

-

At 30th March 2024

-

5.	TANGIBLE FIXED ASSETS

Office

Freehold

equipment

Motor

Computer

Totals

property

& furniture

vehicles

equipment

£

£

£

£

£

Cost

At 31st March 2024

525,785

375,000

24,347

75,000

51,438

Additions

10,001

-

2,500

-

7,501

At 30th March 2025

535,786

375,000

26,847

75,000

58,939

Depreciation

At 31st March 2024

94,915

-

20,118

29,421

45,376

Charge for year

14,610

-

1,027

11,395

2,188

At 30th March 2025

109,525

-

21,145

40,816

47,564

Net book value

At 30th March 2025

426,261

375,000

5,702

34,184

11,375

At 30th March 2024

430,870

375,000

4,229

45,579

6,062

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,595

13,808

Amounts owed by group undertakings

693,971

437,488

Prepayments and accrued income

2,683

3,130

706,249

454,426

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

35,721

29,600

Hire purchase contracts

68,880

25,180

Trade creditors

49,912

70,771

Corporation tax

97,784

52,862

Social security and other taxes

16,173

9,551

VAT

48,792

46,688

Other creditors

2,701

-

Directors' current accounts

940

1,210

Sundry creditors and accruals

14,268

14,041

Deferred income

46,164

41,293

381,335

291,196

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

22,970

68,860

Hire purchase contracts

340,269

176,146

363,239

245,006

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

51,970

98,460

The bank loan is secured by way of a debenture over the assets of the company

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,004

Ordinary

1

5,004

5,004

100

Ordinary B

1

100

100

5,104

5,104

11.

RESERVES

Retained

earnings

£

At 31st March 2024

453,501

Profit for the year

253,129

Dividends

(250,000

)

At 30th March 2025

456,630

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D M Samuel.