Registered number: 04662488
Oxford Pride Group Limited ACCOUNTS FOR THE YEAR ENDED 31/07/2022
Prepared By: DBR Accounts Ltd Association of Chartered Certified Accountants 1 Station Court Station Approach Wickford Essex SS11 7AT
Oxford Pride Group Limited
ACCOUNTS FOR THE YEAR ENDED 31/07/2022
DIRECTORS
N Blandford (Appointed 15 November 2022) D J Brixey (Appointed 13 July 2021) H L May (Appointed 15 November 2022) P T S McGinn (Appointed 1 February 2022) K E R Harford (Resigned 1 February 2022) S J Atherton (Resigned 1 February 2022) M A Whittaker (Resigned 15 November 2022)
SECRETARY
M Image
REGISTERED OFFICE
29 Pitts Road Headington Oxford OX3 8BA
COMPANY DETAILS
Private company limited by guarantee registered in EW - England and Wales, registered number 04662488
ACCOUNTANTS
DBR Accounts Ltd Association of Chartered Certified Accountants 1 Station Court Station Approach Wickford Essex SS11 7AT
page 1
Oxford Pride Group Limited
ACCOUNTS FOR THE YEAR ENDED 31/07/2022
CONTENTS
| Page | |
|---|---|
| Directors' Report | 3 |
| Accountants' Report | 4 |
| Statement Of Comprehensive Income | 5 |
| Balance Sheet | 6 |
| Notes To The Accounts | 7 |
| The following do not form part of the statutory financial statements: | |
| Trading And Profit And Loss Account | 9 |
| Profit And Loss Account Summaries | 10 |
page 2
Oxford Pride Group Limited
DIRECTORS' REPORT
FOR THE YEAR ENDED 31/07/2022
The directors present their report and accounts for the year ended 31/07/2022
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Make judgements and accounting estimates that are reasonable and prudent;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on 10/04/2023
D J Brixey (Appointed 13 July 2021) Director
page 3
Oxford Pride Group Limited
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF OXFORD PRIDE GROUP LIMITED, FOR THE YEAR ENDED 31/07/2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Oxford Pride Group Limited for the year ended 31/07/2022 as set out on pages 5 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Oxford Pride Group Limited, as a body, in accordance with the terms of our engagement letter dated 08/08/2019. Our work has been undertaken solely to prepare for your approval the accounts of Oxford Pride Group Limited and state those matters that we have agreed to state to the Board of Directors of Oxford Pride Group Limited, as a body, in this report, in accordance with the requirements of the Association of Chartered Certified Accountants as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oxford Pride Group Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Oxford Pride Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Oxford Pride Group Limited. You consider that Oxford Pride Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Oxford Pride Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DBR Accounts Ltd Association of Chartered Certified Accountants 1 Station Court Station Approach Wickford Essex SS11 7AT
10/04/2023
page 4
Oxford Pride Group Limited
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31/07/2022
| Notes TURNOVER Cost of sales GROSS PROFIT / (LOSS) Distribution costs and selling expenses Administrative expenses OPERATING PROFIT / (LOSS) Interest receivable and similar income PROFIT / (LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION PROFIT / (LOSS) ON ORDINARY ACTIVITIES AFTER TAXATION |
2022 £ 38,219 (27,793) 10,426 (41) (3,149) 7,236 2 7,238 7,238 |
2021 £ 14,625 (17,557) |
|---|---|---|
| (2,932) (818) (1,101) |
||
| (4,851) 3 |
||
| (4,848) (4,848) |
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Oxford Pride Group Limited
| BALANCE SHEET AT 31/07/2022 Notes CURRENT ASSETS Debtors 4 Cash at bank and in hand CREDITORS: Amounts falling due within one year 5 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Profit and loss account SHAREHOLDERS' FUNDS |
3,045 22,044 25,089 5,216 |
2022 £ 19,873 19,873 19,873 19,873 |
- 13,563 13,563 928 |
2021 £ 12,635 |
|---|---|---|---|---|
| 12,635 | ||||
| 12,635 | ||||
| 12,635 |
For the year ending 31/07/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 10/04/2023 and signed on their behalf by
............................. D J Brixey (Appointed 13 July 2021) Director
page 6
Oxford Pride Group Limited
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/07/2022
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Turnover
Turnover represents the value of sponsorship, donations and fundraising relatiing to charitable activities.
1c. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
2. EMPLOYEES
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Average number of employees | 4 | 4 |
| 3. TAX ON ORDINARY ACTIVITIES | ||
| 2022 | 2021 | |
| £ | £ |
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Oxford Pride Group Limited
| 4. DEBTORS Amounts falling due within one year Prepayments 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals |
2022 £ 3,045 3,045 2022 £ 5,216 5,216 |
2021 £ - |
|---|---|---|
| - | ||
| 2021 £ 928 |
||
| 928 |
page 8
Oxford Pride Group Limited
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31/07/2022
| Turnover Cost of Sales: Purchases Gross Profit / (Loss) Less: Distribution costs Administrative expenses Interest receivable and similar income Net profit / (loss) for the year before taxation Net profit / (loss) for the year after taxation Retained profits brought forward Retained profits carried forward |
27,793 27,793 41 3,149 (2) |
2022 £ 38,219 27,793 10,426 10,426 3,188 7,238 7,238 12,635 19,873 |
17,557 17,557 818 1,101 (3) |
2021 £ 14,625 17,557 |
|---|---|---|---|---|
| (2,932) | ||||
| (2,932) 1,916 |
||||
| (4,848) | ||||
| (4,848) 17,483 |
||||
| 12,635 |
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
page 9
Oxford Pride Group Limited
PROFIT AND LOSS ACCOUNT SUMMARIES FOR THE YEAR ENDED 31/07/2022
| Cost of sales - purchases: Event expenditure Purchases Distribution Costs: Travel Administrative Expenses: Accountancy fees Clothing Charitable donations Sundry administration expenses Filing penalties |
2022 £ 27,693 100 27,793 41 41 540 1,530 413 666 - 3,149 |
2021 £ 17,557 - |
|---|---|---|
| 17,557 | ||
| 818 | ||
| 818 | ||
| 540 - - 186 375 |
||
| 1,101 |
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
page 10