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REGISTERED NUMBER: 12963113 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

OXBO PROPERTY LTD

OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OXBO PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J M Crook
S J Adcock





REGISTERED OFFICE: Teazles
Cheriton
Alresford
Hampshire
SO24 0QG





REGISTERED NUMBER: 12963113 (England and Wales)





ACCOUNTANTS: Dominic Hill Associates Limited
Archer House
Britland Estate
Northbourne Road
Eastbourne
BN22 8PW

OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,447 3,262
Investment property 5 450,000 450,000
452,447 453,262

CURRENT ASSETS
Debtors 6 28,634 128,050
Cash at bank 15,217 10,286
43,851 138,336
CREDITORS
Amounts falling due within one year 7 102,273 212,725
NET CURRENT LIABILITIES (58,422 ) (74,389 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,025

378,873

CREDITORS
Amounts falling due after more than one
year

8

339,472

339,500
NET ASSETS 54,553 39,373

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 54,441 54,441
Retained earnings 12 (15,168 )
SHAREHOLDERS' FUNDS 54,553 39,373

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)

BALANCE SHEET - continued
31 DECEMBER 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 17 September 2024 and were signed on its behalf by:




S J Adcock - Director



J M Crook - Director


OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Oxbo Property Ltd 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 as modified by the revaluation of certain assets.

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

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 4,649
DEPRECIATION
At 1 January 2023 1,387
Charge for year 815
At 31 December 2023 2,202
NET BOOK VALUE
At 31 December 2023 2,447
At 31 December 2022 3,262

OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 450,000
NET BOOK VALUE
At 31 December 2023 450,000
At 31 December 2022 450,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 54,441
Cost 395,559
450,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 28,000 -
Other debtors 634 128,050
28,634 128,050

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 102,273 212,725

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 339,472 339,500

9. RESERVES
Fair
value
reserve
£   
At 1 January 2023
and 31 December 2023 54,441

OXBO PROPERTY LTD (REGISTERED NUMBER: 12963113)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is a loan from Mr S Adcock, a company director.

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.