Oxford Vitality Ltd - Abbreviated accounts

THE OXFORD HEALTH COMPANY LTD - Company Information

Registered number

08415762

Oxford Vitality Ltd

Abbreviated Accounts

28 February 2014

Oxford Vitality Ltd
Registered number:		08415762
Abbreviated Balance Sheet
as at 28 February 2014

Notes			2014
£
Fixed assets
Tangible assets	2		3,191

Current assets
Stocks		44,966
Debtors		1,370
Cash at bank and in hand		3,365
		49,701

Creditors: amounts falling due within one year		(32,159)

Net current assets			17,542

Total assets less current liabilities			20,733


Provisions for liabilities			(638)


Net assets			20,095

Capital and reserves
Called up share capital	3		100
Profit and loss account			19,995

Shareholders' funds			20,095

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr A M Sanderson
Director
Approved by the board on 21 July 2014

Oxford Vitality Ltd
Notes to the Abbreviated Accounts
for the period ended 28 February 2014

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	Additions					3,990
	At 28 February 2014					3,990

	Depreciation
	Charge for the period					799
	At 28 February 2014					799

	Net book value
	At 28 February 2014					3,191


3	Share capital	Nominal		2014		2014
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£0.01 each		10,000		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£0.01 each		10,000		100