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REGISTERED NUMBER: 01907634 (England and Wales)















Oxford Court Management (Manchester)
Limited

Unaudited Financial Statements

for the Year Ended 31 December 2021






Oxford Court Management (Manchester)
Limited (Registered number: 01907634)






Contents of the Financial Statements
for the year ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oxford Court Management (Manchester)
Limited

Company Information
for the year ended 31 December 2021







DIRECTORS: DR Flanagan
OJ Turner



REGISTERED OFFICE: 28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
PR7 7NA



REGISTERED NUMBER: 01907634 (England and Wales)



ACCOUNTANTS: McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA



SOLICITORS: Harrison Drury & Co Ltd
1a Chapel Street
Winckley Square
Preston
PR1 8BU

Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Balance Sheet
31 December 2021

2021 2020
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 421 495
Investments 5 2,252 1,328
Investment property 6 21,250 21,250
23,923 23,073

CURRENT ASSETS
Debtors 7 2,501 2,501
Cash at bank 15,837 27,494
18,338 29,995
CREDITORS
Amounts falling due within one year 8 2,535 2,267
NET CURRENT ASSETS 15,803 27,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,726

50,801

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10,666 10,666
Retained earnings 28,960 40,035
SHAREHOLDERS' FUNDS 39,726 50,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2022 and were signed on its behalf by:





DR Flanagan - Director


Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Notes to the Financial Statements
for the year ended 31 December 2021

1. STATUTORY INFORMATION

Oxford Court Management (Manchester) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The amounts in the financial statements have been rounded to the nearest £1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 - 15% on reducing balance
Computer equipment - 33% on cost

Investment property
In accordance with Financial Reporting Standard 102, certain of the company's properties are held for long-term investment and are included in the Balance Sheet at their open market values. The surplus or deficit on revaluation of such properties are transferred to the investment property revaluation reserve. Depreciation is not provided in respect of freehold investment properties. This policy represents a departure from the requirements of the Companies Act, which requires depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the Financial Statements may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

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


Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

Investments
Listed investments are included in the accounts at their market value at the balance sheet date. Dividends are credited to the profit and loss account when received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 January 2021
and 31 December 2021 4,970 2,882 7,852
DEPRECIATION
At 1 January 2021 4,475 2,882 7,357
Charge for year 74 - 74
At 31 December 2021 4,549 2,882 7,431
NET BOOK VALUE
At 31 December 2021 421 - 421
At 31 December 2020 495 - 495

Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 January 2021
and 31 December 2021 5,185
PROVISIONS
At 1 January 2021 3,857
Provision for year (924 )
At 31 December 2021 2,933
NET BOOK VALUE
At 31 December 2021 2,252
At 31 December 2020 1,328

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 January 2021
and 31 December 2021 21,250
NET BOOK VALUE
At 31 December 2021 21,250
At 31 December 2020 21,250

The investment property was revalued in 2018 by John Pallister Ltd, Chartered Surveyors on an open market basis. The historic cost of the investment property is £10,584.


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Other debtors 485 485
Directors' current accounts 2,000 2,000
VAT 16 16
2,501 2,501

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Taxation and social security 100 125
Other creditors 2,435 2,142
2,535 2,267

Oxford Court Management (Manchester)
Limited (Registered number: 01907634)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £ £
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

In the opinion of the director the company is controlled by Mr DR Flanagan.

11. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, the company is controlled by the directors who together own the majority of the share capital.