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REGISTERED NUMBER: 04985803 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Oxford Active Limited

Oxford Active Limited (Registered number: 04985803)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Oxford Active Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: O F McGovern





REGISTERED OFFICE: Unit 25, Bankside
Stationfields
Kidlington
Oxford
Oxfordshire
OX5 1JE





REGISTERED NUMBER: 04985803 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Oxford Active Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oxford Active Limited for the year ended 31 August 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Oxford Active Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oxford Active Limited and state those matters that we have agreed to state to the director of Oxford Active Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Oxford Active Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oxford Active Limited. You consider that Oxford Active 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 financial statements of Oxford Active 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 financial statements.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Oxford Active Limited (Registered number: 04985803)

Balance Sheet
31 August 2023

31/8/23 31/8/22
Notes £    £   
FIXED ASSETS
Intangible assets 4 37,266 42,525
Tangible assets 5 26,104 11,425
63,370 53,950

CURRENT ASSETS
Debtors 6 101,696 87,204
Cash at bank 298,048 362,097
399,744 449,301
CREDITORS
Amounts falling due within one year 7 (274,343 ) (267,750 )
NET CURRENT ASSETS 125,401 181,551
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,771

235,501

CREDITORS
Amounts falling due after more than
one year

8

(96,409

)

(154,273

)
NET ASSETS 92,362 81,228

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 92,361 81,227
92,362 81,228

Oxford Active Limited (Registered number: 04985803)

Balance Sheet - continued
31 August 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 April 2024 and were signed by:





O F McGovern - Director


Oxford Active Limited (Registered number: 04985803)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Oxford Active 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. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

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 etc - 25% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 76 (2022 - 77 ) .

Oxford Active Limited (Registered number: 04985803)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 September 2022 50,030 58,381 108,411
Additions - 12,448 12,448
At 31 August 2023 50,030 70,829 120,859
AMORTISATION
At 1 September 2022 50,030 15,856 65,886
Charge for year - 17,707 17,707
At 31 August 2023 50,030 33,563 83,593
NET BOOK VALUE
At 31 August 2023 - 37,266 37,266
At 31 August 2022 - 42,525 42,525

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022 5,066 61,492 66,558
Additions - 25,283 25,283
At 31 August 2023 5,066 86,775 91,841
DEPRECIATION
At 1 September 2022 2,179 52,954 55,133
Charge for year 1,672 8,932 10,604
At 31 August 2023 3,851 61,886 65,737
NET BOOK VALUE
At 31 August 2023 1,215 24,889 26,104
At 31 August 2022 2,887 8,538 11,425

Oxford Active Limited (Registered number: 04985803)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Trade debtors 1,075 13,110
Other debtors 100,621 74,094
101,696 87,204

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Bank loans and overdrafts 57,773 51,499
Trade creditors 41,036 79,561
Taxation and social security 40,071 17,258
Other creditors 135,463 119,432
274,343 267,750

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/23 31/8/22
£    £   
Bank loans 96,409 154,273

9. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Oxford Virtual Education Group Limited. The company is ultimately controlled by the directors.