Silverfin false false 31/12/2023 01/01/2023 31/12/2023 J Blundell-Thompson 03/10/2017 S Paget-Brown 15/11/2017 09 September 2024 The principal activity of the Company during the financial year was that of Museum consultancy. 03766922 2023-12-31 03766922 bus:Director1 2023-12-31 03766922 bus:Director2 2023-12-31 03766922 2022-12-31 03766922 core:CurrentFinancialInstruments 2023-12-31 03766922 core:CurrentFinancialInstruments 2022-12-31 03766922 core:ShareCapital 2023-12-31 03766922 core:ShareCapital 2022-12-31 03766922 core:RetainedEarningsAccumulatedLosses 2023-12-31 03766922 core:RetainedEarningsAccumulatedLosses 2022-12-31 03766922 core:OtherPropertyPlantEquipment 2022-12-31 03766922 core:OtherPropertyPlantEquipment 2023-12-31 03766922 bus:OrdinaryShareClass1 2023-12-31 03766922 2023-01-01 2023-12-31 03766922 bus:FilletedAccounts 2023-01-01 2023-12-31 03766922 bus:SmallEntities 2023-01-01 2023-12-31 03766922 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03766922 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03766922 bus:Director1 2023-01-01 2023-12-31 03766922 bus:Director2 2023-01-01 2023-12-31 03766922 core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 03766922 2022-01-01 2022-12-31 03766922 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 03766922 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03766922 (England and Wales)

OXFORD PLACE LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

OXFORD PLACE LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

OXFORD PLACE LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023
OXFORD PLACE LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 194,611 290,464
194,611 290,464
Current assets
Debtors 4 1,354,680 1,353,614
Investments 2,114,028 2,335,780
Cash at bank and in hand 5 6,029 27,968
3,474,737 3,717,362
Creditors: amounts falling due within one year 6 ( 36,500) ( 36,500)
Net current assets 3,438,237 3,680,862
Total assets less current liabilities 3,632,848 3,971,326
Net assets 3,632,848 3,971,326
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 3,632,748 3,971,226
Total shareholder's funds 3,632,848 3,971,326

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

Directors' responsibilities:

The financial statements of Oxford Place Limited (registered number: 03766922) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

S Paget-Brown
Director

09 September 2024

OXFORD PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
OXFORD PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Oxford Place Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the company during the year, including directors 2 2

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 January 2023 2,279,503 2,279,503
At 31 December 2023 2,279,503 2,279,503
Accumulated depreciation
At 01 January 2023 1,989,039 1,989,039
Charge for the financial year 95,853 95,853
At 31 December 2023 2,084,892 2,084,892
Net book value
At 31 December 2023 194,611 194,611
At 31 December 2022 290,464 290,464

4. Debtors

2023 2022
£ £
Amounts owed by group undertakings 1,157,660 1,101,848
Other debtors 197,020 251,766
1,354,680 1,353,614

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 6,029 27,968

6. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 36,500 36,500

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100