Oxford Information Services Limited - Limited company accounts 11.9

REGISTERED NUMBER: 05080642 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2015

for

OXFORD INFORMATION SERVICES LIMITED

Page

Company Information

1

Report of the Director

2

Chartered Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

Director:

Mr R J Ponting

Registered office:

Sterling House

19/23 High Street

Kidlington

Oxfordshire

OX5 2DH

Registered number:

05080642 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Sterling House

19/23 High Street

Kidlington

Oxfordshire

OX5 2DH

The director presents his report with the financial statements of the company for the year ended 31 March 2015.

Principal activity

The principal activity of the company in the year under review was that of the provision of IT services.

Director

Mr R J Ponting held office during the whole of the period from 1 April 2014 to the date of this report.

Statement of director's responsibilities

The director is responsible for preparing the Report of the Director and the financial statements in accordance with

applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director

has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve

the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and

of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

On behalf of the board:

Mr R J Ponting - Director

20 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Oxford Information Services Limited for the year ended 31 March 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Oxford Information Services Limited in accordance with the terms of our engagement letter dated 2 February 2010. Our work has been undertaken solely to prepare for your approval the financial statements of Oxford Information Services Limited and state those matters that we have agreed to state to the director of Oxford Information Services Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Oxford Information Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oxford Information Services Limited. You consider that Oxford Information Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oxford Information Services

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts

Chartered Accountants

Sterling House

19/23 High Street

Kidlington

Oxfordshire

OX5 2DH

23 December 2015

Turnover

49,476

50,694

Cost of sales

(19,466

)

(15,581

)

Gross profit

30,010

35,113

Administrative expenses

(2,801

)

(2,378

)

Operating profit

2

27,209

32,735

Interest receivable and similar income

110

65

Profit on ordinary activities before taxation

27,319

32,800

Tax on profit on ordinary activities

3

(5,460

)

(6,557

)

Profit for the financial year

21,859

26,243

Fixed assets

Tangible assets

4

-

Investments

5

1,341

Current assets

Cash at bank

129,055

108,206

Creditors

Amounts falling due within one year

6

8,587

9,597

Net current assets

120,468

98,609

Total assets less current liabilities

121,809

99,950

Capital and reserves

Called up share capital

7

1

Profit and loss account

8

121,808

99,949

Shareholders' funds

121,809

99,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 20 December 2015 and were signed by:

Mr R J Ponting - Director

1.	Accounting policies

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced services excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The director has made an assessment of the company's ability to continue as a going concern and has identified

no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going

concern for the foreseeable future.

2.	Operating profit

The operating profit is stated after charging/(crediting):

2015

2014

£

Foreign exchange differences

(8

)

-

Director's remuneration and other benefits etc

-

3.

Taxation

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

2015

2014

£

Current tax:

UK corporation tax

5,460

6,557

Tax on profit on ordinary activities

5,460

6,557

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2014

and 31 March 2015

1,188

Depreciation

At 1 April 2014

and 31 March 2015

1,188

Net book value

At 31 March 2015

-

5.	Fixed asset investments

Unlisted

investments

£

Cost

At 1 April 2014

and 31 March 2015

1,341

Net book value

At 31 March 2015

1,341

At 31 March 2014

1,341

6.

Creditors: amounts falling due within one year

2015

2014

£

Taxation and social security

5,460

6,557

Other creditors

3,127

3,040

8,587

9,597

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

8.

Reserves

Profit and

loss

account

£

At 1 April 2014

99,949

Profit for the year

21,859

At 31 March 2015

121,808

9.	Ultimate controlling party

The controlling party is Mr R J Ponting.