Oxford City Supplies Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02281145

Abbreviated Accounts for the Year Ended 31 December 2013

for

OXFORD CITY SUPPLIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

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

2

24,139

10,708

CURRENT ASSETS

Stocks

109,838

117,185

Debtors

799,872

732,738

Cash at bank and in hand

156,361

3,043

1,066,071

852,966

CREDITORS

Amounts falling due within one year

248,900

165,366

NET CURRENT ASSETS

817,171

687,600

TOTAL ASSETS LESS CURRENT LIABILITIES

841,310

698,308

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

841,210

698,208

SHAREHOLDERS' FUNDS

841,310

698,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 September 2014 and were signed by:

Mr T Mardle - 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 sales of goods, 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

-

25% on reducing balance and 15% 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 the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

24,956

Additions

20,274

At 31 December 2013

45,230

DEPRECIATION

At 1 January 2013

14,248

Charge for year

6,843

At 31 December 2013

21,091

NET BOOK VALUE

At 31 December 2013

24,139

At 31 December 2012

10,708

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary Shares

1

100

100