Oxcamb Investments Limited 03863282 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is of an investment company. Digita Accounts Production Advanced 6.30.9574.0 true 03863282 2022-04-01 2023-03-31 03863282 2023-03-31 03863282 core:RetainedEarningsAccumulatedLosses 2023-03-31 03863282 core:RevaluationReserve 2023-03-31 03863282 core:ShareCapital 2023-03-31 03863282 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2023-03-31 03863282 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2023-03-31 03863282 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03863282 core:LandBuildings 2023-03-31 03863282 bus:SmallEntities 2022-04-01 2023-03-31 03863282 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03863282 bus:FullAccounts 2022-04-01 2023-03-31 03863282 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 03863282 bus:RegisteredOffice 2022-04-01 2023-03-31 03863282 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 03863282 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03863282 core:Associate1 2022-04-01 2023-03-31 03863282 core:Associate1 countries:AllCountries 2022-04-01 2023-03-31 03863282 core:RevaluationReserve 2022-04-01 2023-03-31 03863282 core:LandBuildings 2022-04-01 2023-03-31 03863282 countries:EnglandWales 2022-04-01 2023-03-31 03863282 2022-03-31 03863282 core:CostValuation 2022-03-31 03863282 core:LandBuildings 2022-03-31 03863282 2021-04-01 2022-03-31 03863282 2022-03-31 03863282 core:RetainedEarningsAccumulatedLosses 2022-03-31 03863282 core:RevaluationReserve 2022-03-31 03863282 core:ShareCapital 2022-03-31 03863282 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 03863282 core:LandBuildings 2022-03-31 03863282 core:Associate1 2021-04-01 2022-03-31 03863282 core:RevaluationReserve 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 03863282

Oxcamb Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

Oxcamb Investments Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Oxcamb Investments Limited

(Registration number: 03863282)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

65,000

65,000

Investments

5

170,000

170,000

Other financial assets

6

618,899

1,196,966

 

853,899

1,431,966

Current assets

 

Debtors

7

318,365

318,365

Cash at bank and in hand

 

858

1,006

 

319,223

319,371

Creditors: Amounts falling due within one year

8

(208,881)

(207,801)

Net current assets

 

110,342

111,570

Total assets less current liabilities

 

964,241

1,543,536

Provisions for liabilities

(62,288)

(275,740)

Net assets

 

901,953

1,267,796

Capital and reserves

 

Called up share capital

2

2

Non distributable reserve on fair value adjustment

462,605

827,220

Profit and loss account

439,346

440,574

Shareholders' funds

 

901,953

1,267,796

 

Oxcamb Investments Limited

(Registration number: 03863282)
Balance Sheet as at 31 March 2023

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 November 2023 and signed on its behalf by:
 

.........................................
Mr R Patel
Company secretary and director

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Kingsdown Farm
Kingsdown Road
Swindon
Wiltshire
SN25 6PB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Foreign currency transactions and balances

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at
the dates of the transactions. At each reporting end date, monetary assets and liabilities that are
denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains
and losses arising on translation are included in the profit and loss account for the period.

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 so as 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

Land

Nil

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2022

65,000

65,000

At 31 March 2023

65,000

65,000

Depreciation

Carrying amount

At 31 March 2023

65,000

65,000

At 31 March 2022

65,000

65,000

5

Investments

2023
£

2022
£

Investments in associates

170,000

170,000

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Associates

£

Cost

At 1 April 2022

170,000

Provision

Carrying amount

At 31 March 2023

170,000

At 31 March 2022

170,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Associates

REPL International Limited

Ordinary shares

49%

49%

 

England

     

Associates

REPL International Limited

The principal activity of REPL International Limited is Manufacture and distribution.

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

6

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 April 2022

1,149,416

52,523

1,201,939

Fair value adjustments

(577,303)

-

(577,303)

At 31 March 2023

572,113

52,523

624,636

Impairment

At 1 April 2022

-

4,973

4,973

Losses made in the period

-

764

764

At 31 March 2023

-

5,737

5,737

Carrying amount

At 31 March 2023

572,113

46,786

618,899

7

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

318,365

318,365

Details of non-current trade and other debtors

£318,365 (2022 -£318,365) of is classified as non current.

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

8

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

-

1,440

Other creditors

208,881

206,361

208,881

207,801

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

Revaluation reserve
£

Total
£

Surplus/deficit on revaluation of other assets

(364,615)

(364,615)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

Revaluation reserve
£

Total
£

Surplus/deficit on revaluation of other assets

859,947

859,947