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REGISTERED NUMBER: 04679638 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

OXBURY & COMPANY LIMITED

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OXBURY & COMPANY LIMITED

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTORS: Miss S N Howes
Mr J N Oxbury
Mr T J Boucher





SECRETARY: Miss S N Howes





REGISTERED OFFICE: Grove House
Ketteringham Lane
Hethersett
Norwich
NR9 3DF





REGISTERED NUMBER: 04679638 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,551 62,784
Investments 5 100 100
42,651 62,884

CURRENT ASSETS
Stock and work in progress 8,616 20,877
Debtors 6 432,508 506,207
Cash at bank and in hand 131,686 268,258
572,810 795,342
CREDITORS
Amounts falling due within one year 7 387,281 480,092
NET CURRENT ASSETS 185,529 315,250
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,180

378,134

CREDITORS
Amounts falling due after more than one
year

8

37,908

41,464
NET ASSETS 190,272 336,670

CAPITAL AND RESERVES
Called up share capital 10 10,750 10,750
Retained earnings 179,522 325,920
190,272 336,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

BALANCE SHEET - continued
30 November 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Mr J N Oxbury - Director


OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Oxbury & Company 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.

Turnover
Turnover represents the net invoiced value of work undertaken, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - between 4% and 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stock and work in progress
Stock is valued at cost. Work in progress is valued, at invoice value, on the element of a job completed taken as a proportion of the total value agreed for work to be undertaken.

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

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.

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 34 (2022 - 27 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 188,568 29,692 68,653 96,216 383,129
Additions 5,784 - - 9,466 15,250
Disposals - - (25,087 ) - (25,087 )
At 30 November 2023 194,352 29,692 43,566 105,682 373,292
DEPRECIATION
At 1 December 2022 184,772 29,626 46,198 59,749 320,345
Charge for year 1,861 21 4,125 23,523 29,530
Eliminated on disposal - - (19,134 ) - (19,134 )
At 30 November 2023 186,633 29,647 31,189 83,272 330,741
NET BOOK VALUE
At 30 November 2023 7,719 45 12,377 22,410 42,551
At 30 November 2022 3,796 66 22,455 36,467 62,784

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 24,906 34,873 59,779
DEPRECIATION
At 1 December 2022 10,895 11,623 22,518
Charge for year 3,502 11,623 15,125
At 30 November 2023 14,397 23,246 37,643
NET BOOK VALUE
At 30 November 2023 10,509 11,627 22,136
At 30 November 2022 14,011 23,250 37,261

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 390,713 473,816
Other debtors 4,400 4,400
Deferred tax asset 8,600 3,600
Prepayments 28,795 24,391
432,508 506,207

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 23,882 14,545
Hire purchase contracts 14,964 23,016
Trade creditors 16,147 56,739
Amounts owed to group undertakings 42,425 42,425
Taxation and social security 246,738 249,535
Other creditors 43,125 93,832
387,281 480,092

OXBURY & COMPANY LIMITED (REGISTERED NUMBER: 04679638)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 36,888 26,700
Hire purchase contracts 1,020 14,764
37,908 41,464

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 15,984 37,780

The finance leases are secured over the assets financed.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
Value £ £

7,000 Preference shares £1 7,000 7,000
2,250 A Ordinary shares £1 2,250 2,250
750 B Ordinary shares £1 750 750
750 C Ordinary shares £1 750 750

10,750 10,750

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £331,951 (2022 £843,000)

12. RELATED PARTY DISCLOSURES

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.