Oxford_Bingo_(Bradford)_L - Accounts


Company Registration No. 00910363 (England and Wales)
Oxford Bingo (Bradford) Limited
Unaudited
Financial Statements
for the year ended 29 February 2020
PAGES FOR FILING WITH REGISTRAR
Oxford Bingo (Bradford) Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Oxford Bingo (Bradford) Limited
Statement of financial position
as at 29 February 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Tangible assets
2
141,844
150,902
Current assets
Debtors
3
475,921
477,031
Cash at bank and in hand
409
96
476,330
477,127
Creditors: amounts falling due within one year
4
(44,965)
(44,965)
Net current assets
431,365
432,162
Total assets less current liabilities
573,209
583,064
Capital and reserves
Called up share capital
5
71
71
Profit and loss reserves
573,138
582,993
Total equity
573,209
583,064

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 20 May 2020 and are signed on its behalf by:
S Nuttall
Director
Company Registration No. 00910363
Oxford Bingo (Bradford) Limited
Notes to the financial statements
for the year ended 29 February 2020
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% Straight Line
Leasehold improvements
5% Straight Line
Fixtures and fittings
10% Straight Line
2
Tangible fixed assets
Freehold land and buildings
Leasehold improvements
Fixtures and fittings
Total
£
£
£
£
Cost
At 1 March 2019 and 29 February 2020
200,659
100,881
506,523
808,063
Depreciation and impairment
At 1 March 2019
75,290
75,349
506,523
657,162
Depreciation charged in the year
4,013
5,044
-
9,057
At 29 February 2020
79,303
80,393
506,523
666,219
Carrying amount
At 29 February 2020
121,356
20,488
-
141,844
At 28 February 2019
125,369
25,533
-
150,902
Oxford Bingo (Bradford) Limited
Notes to the financial statements (continued)
for the year ended 29 February 2020
- 3 -
3
Debtors
2020
2019
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
16,441
16,441
Other debtors
459,480
460,590
475,921
477,031
4
Creditors: amounts falling due within one year
2020
2019
£
£
Other creditors
44,485
44,485
Accruals and deferred income
480
480
44,965
44,965
5
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
71 Oridnary shares of £1 each
71
71
6
Parent company

The ultimate parent company is Everlux (Electronics) Ltd, a company incorporated in England and Wales.

7
Company information

Oxford Bingo (Bradford) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Roxy Venue, Wharf Street, Sowerby Bridge, West Yorkshire, HX6 2AE.

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