Limited Liability Partnership registration number OC373659 (England and Wales)
OXFORD CAPITAL PARTNERS LLP
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
OXFORD CAPITAL PARTNERS LLP
CONTENTS
Page
Members' report
1
Members' responsibilities statement
2
Independent auditor's report
3 - 5
Profit and loss account
6
Statement of comprehensive income
7
Balance sheet
8
Reconciliation of members' interests
9 - 10
Notes to the financial statements
11 - 17
OXFORD CAPITAL PARTNERS LLP
LIMITED LIABILITY PARTNERSHIP INFORMATION
Designated members
Mr D Mott
Mr E Mott
Oxford Capital Partners Holdings Ltd
Limited liability partnership number
OC373659
Registered office
46 Woodstock Road
Oxford
OX2 6HT
Auditor
Critchleys Audit LLP
Beaver House
23-38 Hythe Bridge Street
Oxford
OX1 2EP
OXFORD CAPITAL PARTNERS LLP
MEMBERS' REPORT
FOR THE YEAR ENDED 30 JUNE 2024
- 1 -

The members present their annual report and financial statements for the year ended 30 June 2024.

Principal activities

The principal activity of the limited liability partnership continued to be that of investment management on behalf of institutional and private investors.

Firm structure

The LLP is a limited liability partnership registered in England and Wales. A list of designated members’ names is available for inspection at the LLP’s registered office.

Members' drawings, contributions and repayments

Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP for regulatory and prudently estimated working capital as well as development and capital expenditure purposes.

 

New members are required to subscribe to a minimum level of capital and in subsequent years, members are invited to subscribe for further capital, the amount of which is determined by the performance and seniority of those members. On retirement, capital becomes repayable to members.

Designated members

The designated members who held office during the year and up to the date of signature of the financial statements were as follows:

Mr D Mott
Mr E Mott
Oxford Capital Partners Holdings Ltd
Approved by the members on 23 September 2024 and signed on behalf by:
23 September 2024
Mr D Mott
Designated Member
OXFORD CAPITAL PARTNERS LLP
MEMBERS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -

The members are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

 

Company law (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the limited liability partnership and of the profit or loss of the limited liability partnership for that period. In preparing these financial statements, the members are required to:

 

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the limited liability partnership’s transactions and disclose with reasonable accuracy at any time the financial position of the limited liability partnership and enable them to ensure that the financial statements comply with the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008). They are also responsible for safeguarding the assets of the limited liability partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

OXFORD CAPITAL PARTNERS LLP
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF OXFORD CAPITAL PARTNERS LLP
- 3 -
Opinion

We have audited the financial statements of Oxford Capital Partners LLP (the 'limited liability partnership') for the year ended 30 June 2024 which comprise the profit and loss account, the statement of comprehensive income, the balance sheet, the reconciliation of members' interests and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the limited liability partnership in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the limited liability partnership’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

 

Our responsibilities and the responsibilities of the members with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The members are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

 

We have nothing to report in this regard.

OXFORD CAPITAL PARTNERS LLP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF OXFORD CAPITAL PARTNERS LLP
- 4 -
Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 as applied to limited liability partnerships requires us to report to you if, in our opinion:

 

Responsibilities of members

As explained more fully in the members' responsibilities statement, the members are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the members determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the members are responsible for assessing the limited liability partnership's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the members either intend to liquidate the limited liability partnership or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the limited liability partnership's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

OXFORD CAPITAL PARTNERS LLP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF OXFORD CAPITAL PARTNERS LLP
- 5 -

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the limited liability partnership's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. Our audit work has been undertaken so that we might state to the limited liability partnership's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the limited liability partnership and the limited liability partnership's members as a body, for our audit work, for this report, or for the opinions we have formed.

Robert Kirtland
Senior Statutory Auditor
For and on behalf of Critchleys Audit LLP
1 October 2024
Chartered Accountants
Statutory Auditor
Beaver House
23-38 Hythe Bridge Street
Oxford
OX1 2EP
OXFORD CAPITAL PARTNERS LLP
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
2024
2023
Notes
£
£
Turnover
3
2,508,766
1,646,028
Cost of sales
(3,622)
-
Gross profit
2,505,144
1,646,028
Administrative expenses
(1,709,043)
(2,008,251)
Operating profit/(loss)
5
796,101
(362,223)
Interest receivable and similar income
55,714
23,850
Fair value gains/(amounts written off investments)
(2,694)
6,543
Profit/(loss) for the financial year before members' remuneration and profit shares
849,121
(331,830)
Members' remuneration charged as an expense
7
(292,544)
(204,385)
Profit/(loss) for the financial year available for discretionary division among members
556,577
(536,215)

The profit and loss account has been prepared on the basis that all operations are continuing operations.

OXFORD CAPITAL PARTNERS LLP
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2024
- 7 -
2024
2023
£
£
Profit/(loss) for the financial year available for discretionary division among members
556,577
(536,215)
Other comprehensive income
-
-
Total comprehensive income for the year
556,577
(536,215)
OXFORD CAPITAL PARTNERS LLP
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 8 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
8
7,731
12,495
Investments
9
20
7,528
7,751
20,023
Current assets
Debtors
11
1,500,123
1,590,742
Cash at bank and in hand
1,921,938
1,038,782
3,422,061
2,629,524
Creditors: amounts falling due within one year
12
(372,898)
(233,242)
Net current assets
3,049,163
2,396,282
Total assets less current liabilities and net assets attributable to members
3,056,914
2,416,305
Represented by:
Loans and other debts due to members within one year
Members' capital classified as a liability
200,160
200,160
Other amounts
236,392
152,360
436,552
352,520
Members' other interests
Members' capital classified as equity
2,600,000
2,600,000
Other reserves classified as equity
20,362
(536,215)
3,056,914
2,416,305
The financial statements were approved by the members and authorised for issue on 23 September 2024 and are signed on their behalf by:
23 September 2024
Mr D Mott
Designated member
Limited Liability Partnership registration number OC373659 (England and Wales)
OXFORD CAPITAL PARTNERS LLP
RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 JUNE 2024
- 9 -
Current financial year
EQUITY
DEBT
TOTAL
Members' other interests
Loans and other debts due to members less any amounts due from members in debtors
MEMBERS'
INTERESTS
Members' capital
Other reserves
Total
Members' capital
Other amounts
Total
Total
2024
£
£
£
£
£
£
Members' interests at 1 July 2023
2,600,000
(536,215)
2,063,785
200,160
152,360
352,520
2,416,305
Members' remuneration charged as an expense, including employment costs and retirement benefit costs
-
-
-
-
292,544
292,544
292,544
Profit for the financial year available for discretionary division among members
-
556,577
556,577
-
-
-
556,577
Members' interests after profit and remuneration for the year
2,600,000
20,362
2,620,362
200,160
444,904
645,064
3,265,426
Drawings
-
-
-
-
(208,512)
(208,512)
(208,512)
Members' interests at 30 June 2024
2,600,000
20,362
2,620,362
200,160
236,392
436,552
3,056,914
OXFORD CAPITAL PARTNERS LLP
RECONCILIATION OF MEMBERS' INTERESTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 10 -
Prior financial year
EQUITY
DEBT
TOTAL
Members' other interests
Loans and other debts due to members less any amounts due from members in debtors
MEMBERS'
INTERESTS
Members' capital
Other reserves
Total
Members' capital
Other amounts
Total
Total
2023
£
£
£
£
£
£
Members' interests at 1 July 2022
1,700,000
33,695
1,733,695
200,160
492,103
692,263
2,425,958
Members' remuneration charged as an expense, including employment costs and retirement benefit costs
-
-
-
-
204,385
204,385
204,385
Loss for the financial year available for discretionary division among members
-
(536,215)
(536,215)
-
-
-
(536,215)
Members' interests after loss and remuneration for the year
1,700,000
(502,520)
1,197,480
200,160
696,488
896,648
2,094,128
Other divisions of profits
-
(33,695)
(33,695)
-
33,695
33,695
-
Introduced by members
900,000
-
900,000
-
(394,889)
(394,889)
505,111
Drawings
-
-
-
-
(182,934)
(182,934)
(182,934)
Members' interests at 30 June 2023
2,600,000
(536,215)
2,063,785
200,160
152,360
352,520
2,416,305
Members remuneration charged as an expense includes gains on disposals of long term investments.
OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 11 -
1
Accounting policies
Limited liability partnership information

Oxford Capital Partners LLP is a limited liability partnership incorporated in England and Wales. The registered office is 46 Woodstock Road, Oxford, OX2 6HT.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

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.

Summary of disclosure exemptions

The LLP has taken advantage of the disclosure exemptions within FRS102. The main exemptions taken are the requirement to prepare a statement of cash flows and disclosure of key management personnel remuneration.

Name of parent of group

These financial statements are consolidated in the financial statements of Oxford Capital Partners Holdings Limited.

 

The financial statements of Oxford Capital Partners Holdings Limited may be obtained from Companies House or 46 Woodstock Road, Oxford, OX2 6HT.

1.2
Going concern

At the time of approving the financial statements, the members have a reasonable expectation that the limited liability partnership has adequate resources to continue in operational existence for the foreseeable future. Thus the members continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the LLP's activities. Turnover is shown net of value added tax, rebates and discounts. The LLP recognises revenue when the amount can reliably measured, it is probable that future economic benefits will flow to the entity, and specific criteria have been met for each of the LLP's activities.

 

In particular, income generated from investment management is based on a percentage of funds under management. This is accrued (net of amounts not expected to be recovered) if there isn't sufficient cash on account to pay. The accruals are cleared through the generation of exit proceeds.

 

Initial fees are recognised when the investment monies are received.

 

Performance fees are only recognised when the underlying investments which generate the fees are realised, and certain criteria have been fulfilled.

1.4
Members' participating interests

Amounts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.

OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 12 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
16% - 25% straight line basis
Office Equipment
33.3% straight line basis

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 recognised in the profit and loss account.

1.6
Fixed asset 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.

The LLP has participating shares in some of the companies in which it has arranged investment. These shares only have value when certain criteria have been met (including when a company sale results in proceeds above a specified amount). Any amounts receivable from the disposals of shares are shown as a profit on disposal of investments in the year in which the value is realised. .

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Trade debtors

Debtors are amounts due from customers for products sold or services delivered in the ordinary course of business.

Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due.

1.9
Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Employee benefits

The partnership operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 13 -
1.11
Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.

1.12

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

 

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.

 

The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

2
Judgements and key sources of estimation uncertainty

The key accounting judgement made by members in preparing the financial statement is the level of provision for impairment against debtors and accrued income.

3
Turnover

An analysis of the limited liability partnership's turnover is as follows:

2024
2023
£
£
Turnover analysed by class of business
Investment management services
2,508,766
1,646,028
4
Auditor's remuneration
2024
2023
Fees payable to the LLP's auditor and associates:
£
£
For audit services
Audit of the financial statements of the LLP
16,922
16,250
For other services
Taxation compliance services
2,100
5,150
All other non-audit services
1,393
1,743
3,493
6,893
OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 14 -
5
Operating profit/(loss)
2024
2023
Operating profit/(loss) for the year is stated after charging/(crediting):
£
£
Depreciation of owned tangible fixed assets
7,061
8,546
(Profit)/loss on disposal of tangible fixed assets
-
146
Impairment provision on debtors
(79,049)
(98,257)
Operating lease charges
61,014
51,919
6
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2024
2023
Number
Number
Investment Management
18
21

Their aggregate remuneration comprised:

2024
2023
£
£
Wages and salaries
978,763
1,069,610
Social security costs
106,005
131,066
Pension costs
40,278
51,565
1,125,046
1,252,241

In addition, redundancy and associated payments in the year amounted to £- (2023 - £120,852).

7
Members' remuneration
2024
2023
Number
Number
Average number of members during the year
3
3
2024
2023
£
£
Profit attributable to the member with the highest entitlement
556,576
146,144
OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 15 -
8
Tangible fixed assets
Fixtures and fittings
Office Equipment
Total
£
£
£
Cost
At 1 July 2023
19,258
163,638
182,896
Additions
-
2,881
2,881
Disposals
-
(584)
(584)
At 30 June 2024
19,258
165,935
185,193
Depreciation and impairment
At 1 July 2023
19,258
151,143
170,401
Depreciation charged in the year
-
7,061
7,061
At 30 June 2024
19,258
158,204
177,462
Carrying amount
At 30 June 2024
-
7,731
7,731
At 30 June 2023
-
12,495
12,495
9
Fixed asset investments
2024
2023
£
£
Unlisted investments
20
7,528
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 July 2023
7,528
Disposals
(7,508)
At 30 June 2024
20
Carrying amount
At 30 June 2024
20
At 30 June 2023
7,528
10
Subsidiaries

Details of the limited liability partnership's subsidiaries at 30 June 2024 are as follows:

OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
10
Subsidiaries
(Continued)
- 16 -
Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
UK Officer Limited
England & Wales
Dormant
Ordinary
100.00
11
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
79,158
166,716
Other debtors
68,261
61,483
Prepayments and accrued income
1,352,704
1,362,543
1,500,123
1,590,742
12
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
17,942
61,649
Other taxation and social security
122,659
46,138
Other creditors
11,496
10,590
Accruals and deferred income
220,801
114,865
372,898
233,242
13
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
40,278
51,565

The limited liability partnership operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the limited liability partnership in an independently administered fund.

14
Operating lease commitments
Lessee

At the reporting end date the limited liability partnership had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024
2023
£
£
Within one year
15,900
14,006
OXFORD CAPITAL PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 17 -
15
Ultimate controlling party

The limited liability partnership is controlled by Oxford Capital Partners Holdings Limited. The ultimate controlling party is Emsa Trust due to its majority shareholding in Oxford Capital Partners Holdings Limited.

 

The parent of the largest group in which results are consolidated is Oxford Capital Partners Holdings Limited, whose registered office is at 46 Woodstock Road, Oxford, OX2 6HT.

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