Oxby Warm Air Ltd 30/04/2019 iXBRL
Oxby Warm Air Ltd 30/04/2019 iXBRL
Company registration number:
00905506
Trading as
Oxby Warm Air Limited
Unaudited filleted financial statements
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
|
|
|
||
Secretary |
|
|
Company number |
|
|
Registered office |
|
|
|
||
|
||
|
||
|
||
Business address |
|
|
|
||
|
||
|
||
|
||
Accountants |
|
|
Stables End Court, Main Street | ||
Market Bosworth | ||
Nuneaton | ||
Warwickshire | ||
CV13 0JN | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Oxby Warm Air Ltd
Year ended 30 April 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oxby Warm Air Ltd for the year ended 30 April 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at www.cimaglobal.com.
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at www.cimaglobal.com.
CIMA
Stables End Court, Main Street
Market Bosworth
Nuneaton
Warwickshire
CV13 0JN
20 September 2019
Statement of financial position
30 April 2019
2019 | 2018 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 4 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Stocks |
|
|
|||||||
Debtors | 5 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 6 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current assets |
|
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
Provisions for liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
_______ | _______ | ||||||||
Shareholders funds |
|
|
|||||||
_______ | _______ | ||||||||
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.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
20 September 2019
, and are signed on behalf of the board by:
Director
Company registration number:
00905506
Notes to the financial statements
Year ended 30 April 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit D2, Castle Vale Enterprise Park, Park Lane, Castle Vale, Birmingham, B35 6LJ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Land and Buildings Leasehold | - |
|
|
|
Plant and machinery | - |
|
|
|
Fittings fixtures and equipment | - |
|
|
|
Motor vehicles | - |
|
|
|
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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Tangible assets
Long leasehold property | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | £ | ||
Cost | ||||||
At 1 May 2018 |
|
|
|
|
|
|
Disposals | - | - | - |
(
|
(
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 30 April 2019 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Depreciation | ||||||
At 1 May 2018 |
|
|
|
|
|
|
Charge for the year | - |
|
|
|
|
|
Disposals | - | - | - |
(
|
(
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 30 April 2019 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Carrying amount | ||||||
At 30 April 2019 | - |
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 30 April 2018 | - |
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
5.
Debtors
2019 | 2018 | |||
£ | £ | |||
Trade debtors |
|
|
||
Other debtors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
6.
Creditors: amounts falling due within one year
2019 | 2018 | |||
£ | £ | |||
Bank loans and overdrafts |
|
- | ||
Trade creditors |
|
|
||
Corporation tax | - |
|
||
Social security and other taxes |
|
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
7.
Controlling party
The controlling party is Oxby Birmingham Limited. The ultimate controlling party is the director by virture of his shareholding in Oxby Birmingham Limited.