Oxford International Associates Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 02236322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

OXFORD INTERNATIONAL ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Mistry

REGISTERED OFFICE:

4 The Pound

Cholsey

Wallingford

Oxfordshire

OX10 9NS

REGISTERED NUMBER:

02236322 (England and Wales)

ACCOUNTANTS:

David Mitchell & Co.

4 The Pound

Cholsey

Oxfordshire

OX10 9NS

FIXED ASSETS

Tangible assets

3

-

338

Investments

4

530,130

500,129

530,130

500,467

CURRENT ASSETS

Debtors

5

657

524

Cash at bank

132,684

144,572

133,341

145,096

CREDITORS

Amounts falling due within one year

6

(378,347

)

(371,832

)

NET CURRENT LIABILITIES

(245,006

)

(226,736

)

TOTAL ASSETS LESS CURRENT LIABILITIES

285,124

273,731

CAPITAL AND RESERVES

Called up share capital

12,501

12,501

Retained earnings

272,623

261,230

285,124

273,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 23 October 2017 and were signed by:

P S Mistry - Director

1.	STATUTORY INFORMATION

Oxford International Associates Limited is a private company, limited by shares , registered in

England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2016

and 31 July 2017

25,373

DEPRECIATION

At 1 August 2016

25,035

Charge for year

338

At 31 July 2017

25,373

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

338

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2016

500,129

Additions

30,001

At 31 July 2017

530,130

NET BOOK VALUE

At 31 July 2017

530,130

At 31 July 2016

500,129

Market value of the assets at 31st July 2017 was £538,440. There is a potential tax liability of £1,579

on the disposal of these investments.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Other debtors

657

524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans and overdrafts

-

1,021

Trade creditors

1

70,215

Other creditors

378,346

300,596

378,347

371,832