Oxiigen Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC510791 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2018

for

Oxiigen Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V E Thomson

REGISTERED OFFICE:

Suite 4F

Ingram House

227 Ingram Street

Glasgow

G1 1DA

REGISTERED NUMBER:

SC510791 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Suite 4F

Ingram House

227 Ingram Street

Glasgow

G1 1DA

CURRENT ASSETS

Debtors

4

28,200

510,140

Cash at bank

1,442

1,951

29,642

512,091

CREDITORS

Amounts falling due within one year

5

217,220

641,472

NET CURRENT LIABILITIES

(187,578

)

(129,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(187,578

)

(129,381

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(187,678

)

(129,481

)

SHAREHOLDERS' FUNDS

(187,578

)

(129,381

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30 April 2019 and were signed by:

V E Thomson - Director

1.	STATUTORY INFORMATION

Oxiigen Consultancy Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade debtors

-

116,640

Other debtors

28,200

393,500

28,200

510,140

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade creditors

38

38

Taxation and social security

6,927

19,434

Other creditors

210,255

622,000

217,220

641,472

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Lynsey Melville.