W B OXFORD LIMITED - Abbreviated accounts 16.1

W B OXFORD LIMITED - Abbreviated accounts 16.1

W B OXFORD LIMITED - Company Information

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Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

W B OXFORD LIMITED

W B OXFORD LIMITED (Registered number: 07432497)






Contents of the Abbreviated Accounts
for the Year Ended 31 July 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

W B OXFORD LIMITED

Company Information
for the Year Ended 31 July 2016







DIRECTOR: S Sunthareswaran





REGISTERED OFFICE: The Manor
Main Street
Grendon Underwood
Aylesbury
HP18 0SW





REGISTERED NUMBER: 07432497 (England and Wales)





ACCOUNTANTS: Abacus Business Consulting Limited
Thistledown
Wendlebury
Bicester
OX25 2PE
Page 1
W B OXFORD LIMITED (Registered number: 07432497)

Abbreviated Balance Sheet
31 July 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 174,200 201,000
Tangible assets 3 18,200 16,273
192,400 217,273

CURRENT ASSETS
Stocks 9,280 10,683
Debtors 201,887 202,106
Cash at bank 117,776 11,463
328,943 224,252
CREDITORS
Amounts falling due within one year 268,939 211,411
NET CURRENT ASSETS 60,004 12,841
TOTAL ASSETS LESS CURRENT
LIABILITIES
252,404
230,114

CREDITORS
Amounts falling due after more than one
year
174,200
212,091
NET ASSETS 78,204 18,023

CAPITAL AND RESERVES
Called up share capital 4 2,000 2,000
Profit and loss account 76,204 16,023
SHAREHOLDERS' FUNDS 78,204 18,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these abbreviated accounts

Page 2 continued...
W B OXFORD LIMITED (Registered number: 07432497)

Abbreviated Balance Sheet - continued
31 July 2016


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 2 November 2016 and were signed by:





S Sunthareswaran - Director


The notes form part of these abbreviated accounts

Page 3
W B OXFORD LIMITED (Registered number: 07432497)

Notes to the Abbreviated Accounts
for the Year Ended 31 July 2016

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 January 2015).

Turnover
Turnover represents the value of goods and services supplied during the period, excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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

No provision is made until the asset is brought into use

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

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

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.

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 the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015
and 31 July 2016 268,000
AMORTISATION
At 1 August 2015 67,000
Amortisation for year 26,800
At 31 July 2016 93,800
NET BOOK VALUE

At 31 July 2016 174,200
At 31 July 2015 201,000

Page 4 continued...
W B OXFORD LIMITED (Registered number: 07432497)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 July 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015 24,299
Additions 7,659
At 31 July 2016 31,958
DEPRECIATION
At 1 August 2015 8,026
Charge for year 5,732
At 31 July 2016 13,758
NET BOOK VALUE
At 31 July 2016 18,200
At 31 July 2015 16,273

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2,000 Ordinary 1.00 2,000 2,000

Page 5