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REGISTERED NUMBER: 13203282 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2023

FOR

OX PROPERTIES LIMITED

OX PROPERTIES LIMITED (REGISTERED NUMBER: 13203282)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OX PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 February 2023







DIRECTORS: Ms N Gong
Mr Y Wang





REGISTERED OFFICE: JSA, 4th Floor Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 13203282 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

OX PROPERTIES LIMITED (REGISTERED NUMBER: 13203282)

ABRIDGED BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 5 981,500 562,000

CURRENT ASSETS
Debtors 1,210 11,510
Cash at bank 94,464 16,237
95,674 27,747
CREDITORS
Amounts falling due within one year (1,117,007 ) (607,422 )
NET CURRENT LIABILITIES (1,021,333 ) (579,675 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,833

)

(17,675

)

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve (48,935 ) (27,540 )
Retained earnings 9,002 9,765
SHAREHOLDERS' FUNDS (39,833 ) (17,675 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

OX PROPERTIES LIMITED (REGISTERED NUMBER: 13203282)

ABRIDGED BALANCE SHEET - continued
28 February 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by:





Mr Y Wang - Director


OX PROPERTIES LIMITED (REGISTERED NUMBER: 13203282)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023


1. STATUTORY INFORMATION

Ox Properties 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 562,000
Additions 434,435
Revaluations (14,935 )
At 28 February 2023 981,500
NET BOOK VALUE
At 28 February 2023 981,500
At 28 February 2022 562,000

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2022 (34,000 )
Valuation in 2023 (14,935 )
Cost 1,030,435
981,500

OX PROPERTIES LIMITED (REGISTERED NUMBER: 13203282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 February 2023


6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
1,113,463 603,858

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2023 and the period ended 28 February 2022:

2023 2022
£    £   
Ms N Gong
Balance outstanding at start of year (553 ) -
Amounts advanced 2,519 -
Amounts repaid (4,068 ) (553 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,102 ) (553 )