Seldram Supplies (Oxford) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02281145

Financial Statements for the Year Ended 31 December 2018

for

SELDRAM SUPPLIES (OXFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T Mardle

SECRETARY:

Mrs G Mardle

REGISTERED OFFICE:

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

REGISTERED NUMBER:

02281145

ACCOUNTANTS:

THB LLP

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

FIXED ASSETS

Tangible assets

4

76,526

25,575

CURRENT ASSETS

Stocks

137,238

144,759

Debtors

5

1,282,999

1,171,706

Cash at bank and in hand

518

1,268

1,420,755

1,317,733

CREDITORS

Amounts falling due within one year

6

280,058

222,813

NET CURRENT ASSETS

1,140,697

1,094,920

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,217,223

1,120,495

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

1,217,123

1,120,395

SHAREHOLDERS' FUNDS

1,217,223

1,120,495

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 27 September 2019 and were signed by:

Mr T Mardle - Director

1.	STATUTORY INFORMATION

Seldram Supplies (Oxford) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2017 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 January 2018

7,632

82,432

90,064

Additions

-

76,030

At 31 December 2018

7,632

158,462

166,094

DEPRECIATION

At 1 January 2018

4,396

60,093

64,489

Charge for year

486

24,593

25,079

At 31 December 2018

4,882

84,686

89,568

NET BOOK VALUE

At 31 December 2018

2,750

73,776

76,526

At 31 December 2017

3,236

22,339

25,575

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

Trade debtors

257,118

214,738

Intercompany: Mardle Holdings

860,750

785,750

Intercompany: SS Camberley

17,245

20,703

Intercompany: SS Twickenham

109

Mardle Holdings Ltd: Eynsham

137,442

VAT

-

2,629

Prepayments

10,335

1,282,999

1,171,706

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

Bank loans and overdrafts

3,655

5,548

Hire purchase contracts

47,882

-

Trade creditors

101,610

120,634

Tax

58,102

69,691

VAT

30,132

-

Other creditors

27,577

784

Dividend provision

6,350

Directors' current accounts

2,000

Accrued expenses

2,750

17,806

280,058

222,813

7.	SECURED DEBTS

A fixed and floating charge dated 28th August 2015 is held by Lloyds Bank Plc.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.18

31.12.17

value:

£

100

Ordinary Shares

£1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2018

1,120,395

Profit for the year

158,324

Dividends

(61,596

)

At 31 December 2018

1,217,123

Seldram Supplies (Oxford) Limited - Accounts to registrar (filleted) - small 18.2

Seldram Supplies (Oxford) Limited - Accounts to registrar (filleted) - small 18.2