2021-02-012022-01-312022-01-31false03639130MOXHAMS LIMITED2022-08-29iso4217:GBPxbrli:pure036391302021-02-01036391302022-01-31036391302021-02-012022-01-31036391302020-02-01036391302021-01-31036391302020-02-012021-01-3103639130bus:SmallEntities2021-02-012022-01-3103639130bus:AuditExempt-NoAccountantsReport2021-02-012022-01-3103639130bus:AbridgedAccounts2021-02-012022-01-3103639130bus:PrivateLimitedCompanyLtd2021-02-012022-01-3103639130core:WithinOneYear2022-01-3103639130core:AfterOneYear2022-01-3103639130core:WithinOneYear2021-01-3103639130core:AfterOneYear2021-01-3103639130core:ShareCapital2022-01-3103639130core:SharePremium2022-01-3103639130core:RevaluationReserve2022-01-3103639130core:OtherReservesSubtotal2022-01-3103639130core:RetainedEarningsAccumulatedLosses2022-01-3103639130core:ShareCapital2021-01-3103639130core:SharePremium2021-01-3103639130core:RevaluationReserve2021-01-3103639130core:OtherReservesSubtotal2021-01-3103639130core:RetainedEarningsAccumulatedLosses2021-01-3103639130core:LandBuildings2022-01-3103639130core:PlantMachinery2022-01-3103639130core:Vehicles2022-01-3103639130core:FurnitureFittings2022-01-3103639130core:OfficeEquipment2022-01-3103639130core:NetGoodwill2022-01-3103639130core:IntangibleAssetsOtherThanGoodwill2022-01-3103639130core:ListedExchangeTraded2022-01-3103639130core:UnlistedNon-exchangeTraded2022-01-3103639130core:LandBuildings2021-01-3103639130core:PlantMachinery2021-01-3103639130core:Vehicles2021-01-3103639130core:FurnitureFittings2021-01-3103639130core:OfficeEquipment2021-01-3103639130core:NetGoodwill2021-01-3103639130core:IntangibleAssetsOtherThanGoodwill2021-01-3103639130core:ListedExchangeTraded2021-01-3103639130core:UnlistedNon-exchangeTraded2021-01-3103639130core:LandBuildings2021-02-012022-01-3103639130core:PlantMachinery2021-02-012022-01-3103639130core:Vehicles2021-02-012022-01-3103639130core:FurnitureFittings2021-02-012022-01-3103639130core:OfficeEquipment2021-02-012022-01-3103639130core:NetGoodwill2021-02-012022-01-3103639130core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3103639130core:ListedExchangeTraded2021-02-012022-01-3103639130core:UnlistedNon-exchangeTraded2021-02-012022-01-3103639130core:MoreThanFiveYears2021-02-012022-01-3103639130core:Non-currentFinancialInstruments2022-01-3103639130core:Non-currentFinancialInstruments2021-01-3103639130dpl:CostSales2021-02-012022-01-3103639130dpl:DistributionCosts2021-02-012022-01-3103639130dpl:AdministrativeExpenses2021-02-012022-01-3103639130core:LandBuildings2021-02-012022-01-3103639130core:PlantMachinery2021-02-012022-01-3103639130core:Vehicles2021-02-012022-01-3103639130core:FurnitureFittings2021-02-012022-01-3103639130core:OfficeEquipment2021-02-012022-01-3103639130core:NetGoodwill2021-02-012022-01-3103639130core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3103639130dpl:GroupUndertakings2021-02-012022-01-3103639130dpl:ParticipatingInterests2021-02-012022-01-3103639130dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3103639130core:ListedExchangeTraded2021-02-012022-01-3103639130dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3103639130core:UnlistedNon-exchangeTraded2021-02-012022-01-3103639130dpl:CostSales2020-02-012021-01-3103639130dpl:DistributionCosts2020-02-012021-01-3103639130dpl:AdministrativeExpenses2020-02-012021-01-3103639130core:LandBuildings2020-02-012021-01-3103639130core:PlantMachinery2020-02-012021-01-3103639130core:Vehicles2020-02-012021-01-3103639130core:FurnitureFittings2020-02-012021-01-3103639130core:OfficeEquipment2020-02-012021-01-3103639130core:NetGoodwill2020-02-012021-01-3103639130core:IntangibleAssetsOtherThanGoodwill2020-02-012021-01-3103639130dpl:GroupUndertakings2020-02-012021-01-3103639130dpl:ParticipatingInterests2020-02-012021-01-3103639130dpl:GroupUndertakingscore:ListedExchangeTraded2020-02-012021-01-3103639130core:ListedExchangeTraded2020-02-012021-01-3103639130dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-02-012021-01-3103639130core:UnlistedNon-exchangeTraded2020-02-012021-01-3103639130core:NetGoodwill2022-01-3103639130core:IntangibleAssetsOtherThanGoodwill2022-01-3103639130core:LandBuildings2022-01-3103639130core:PlantMachinery2022-01-3103639130core:Vehicles2022-01-3103639130core:FurnitureFittings2022-01-3103639130core:OfficeEquipment2022-01-3103639130core:AfterOneYear2022-01-3103639130core:WithinOneYear2022-01-3103639130core:ListedExchangeTraded2022-01-3103639130core:UnlistedNon-exchangeTraded2022-01-3103639130core:ShareCapital2022-01-3103639130core:SharePremium2022-01-3103639130core:RevaluationReserve2022-01-3103639130core:OtherReservesSubtotal2022-01-3103639130core:RetainedEarningsAccumulatedLosses2022-01-3103639130core:NetGoodwill2021-01-3103639130core:IntangibleAssetsOtherThanGoodwill2021-01-3103639130core:LandBuildings2021-01-3103639130core:PlantMachinery2021-01-3103639130core:Vehicles2021-01-3103639130core:FurnitureFittings2021-01-3103639130core:OfficeEquipment2021-01-3103639130core:AfterOneYear2021-01-3103639130core:WithinOneYear2021-01-3103639130core:Listed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MOXHAMS LIMITED

Registered Number
03639130
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2022

MOXHAMS LIMITED
Company Information
for the year from 1 February 2021 to 31 January 2022

Directors

LUCAS, Costinel

Registered Address

Lake Farm House Allington Lane
Fair Oak
Eastleigh
SO50 7DD

Registered Number

03639130 (England and Wales)
MOXHAMS LIMITED
Balance Sheet as at
31 January 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets7887,850907,752
887,850907,752
Current assets
Debtors1,4637,732
Cash at bank and on hand134,549113,645
136,012121,377
Creditors amounts falling due within one year(13,701)(20,277)
Net current assets (liabilities)122,311101,100
Total assets less current liabilities1,010,1611,008,852
Creditors amounts falling due after one year(490,227)(513,386)
Net assets519,934495,466
Capital and reserves
Profit and loss account519,934495,466
Shareholders' funds519,934495,466
The financial statements were approved and authorised for issue by the Director on 29 August 2022, and are signed on its behalf by:
LUCAS, Costinel
Director
Registered Company No. 03639130
MOXHAMS LIMITED
Notes to the Financial Statements
for the year ended 31 January 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.First time adoption and other factors relevant to transition
The Market The Covid-19 pandemic dominated the market in 2020 with a severe impact on many businesses. This was very serious for the creative events part of Moxhams, with a total loss of trade. The management reviewed the situation thoroughly and decided that there was no alternative but to close down the creative events side of the business and concentrate on the commercial rental aspect. This decision reduced the risk to the business significantly and ensured that Moxhams remains a going concern. Further developments in the commercial rental field look promising
4.Principal activities
The principal activity of the company is the rental of commercial property.
5.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
The director considers that the company will be able to meet its obligations as they fall due after the year-end and therefore, the accounts have been prepared on the going concern basis. The company has been able to meet is planned expectation during the transition from an Audio Visual natured company to one that currently operate in Commercial Property Rental and Development in order to meet future obligations.
6.Employee information

20222021
Average number of employees during the year11
7.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 21907,752
At 31 January 22887,850
Depreciation and impairment
Charge for year19,902
Net book value
At 31 January 22887,850
At 31 January 21907,752
Tangible assets Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Plant and machinery 25% straight line Hire stock 33% straight line Office equipment 33% straight line Fixtures and fittings 25% reducing balance Leasehold improvements 2% straight line Buildings 2% straight line