Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false2022-10-01falseThe principal activity of the company during the period was that of acting as a holding company.33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12908330 2022-10-01 2023-09-30 12908330 2023-09-30 12908330 2021-10-01 2022-09-30 12908330 2022-09-30 12908330 c:Director1 2022-10-01 2023-09-30 12908330 d:FreeholdInvestmentProperty 2023-09-30 12908330 d:FreeholdInvestmentProperty 2022-09-30 12908330 d:CurrentFinancialInstruments 2023-09-30 12908330 d:CurrentFinancialInstruments 2022-09-30 12908330 d:Non-currentFinancialInstruments 2023-09-30 12908330 d:Non-currentFinancialInstruments 2022-09-30 12908330 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12908330 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 12908330 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 12908330 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 12908330 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 12908330 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-09-30 12908330 d:ShareCapital 2023-09-30 12908330 d:ShareCapital 2022-09-30 12908330 d:RetainedEarningsAccumulatedLosses 2023-09-30 12908330 d:RetainedEarningsAccumulatedLosses 2022-09-30 12908330 c:FRS102 2022-10-01 2023-09-30 12908330 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12908330 c:FullAccounts 2022-10-01 2023-09-30 12908330 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12908330 6 2022-10-01 2023-09-30 12908330 e:PoundSterling 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Registered number: 12908330


OXFORDSHIRE INNS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
OXFORDSHIRE INNS LIMITED
REGISTERED NUMBER: 12908330

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
£
£

Fixed assets

Investments
100
100

Investment property
804,338
804,338

804,438
804,438

Current assets

Debtors: amounts falling due within one year
198,415
132,643

Cash at bank and in hand
537
4,122

198,952
136,765

Creditors: amounts falling due within one year
(163,913)
(76,287)

Net current assets
 
 
35,039
 
 
60,478

Total assets less current liabilities
839,477
864,916

Creditors: amounts falling due after more than one year
(937,317)
(925,695)


Net liabilities
(97,840)
(60,779)


Capital and reserves

Called up share capital 
100
100

Profit and loss account
(97,940)
(60,879)

(97,840)
(60,779)


Page 1

 
OXFORDSHIRE INNS LIMITED
REGISTERED NUMBER: 12908330
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Chipchase
Director

Date: 28 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
OXFORDSHIRE INNS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Oxfordshire Inns Limited is a private limited company limited by share capital, incorporated in England and Wales. The company's registration number is 12908330. The registered office of the company is Kineton House, 31 Horse Fair, Banbury, Oxon, OX16 0AE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
OXFORDSHIRE INNS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2022
100



At 30 September 2023
100




Page 4

 
OXFORDSHIRE INNS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 October 2022
804,338



At 30 September 2023
804,338

The 2023 valuations were made by the directors, on an open market value for existing use basis.





6.


Debtors

2023
2022
£
£


Other debtors
198,415
132,643

198,415
132,643



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
4,690
1,878

Amounts owed to group undertakings
159,223
74,409

163,913
76,287



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
403,245
404,626

Other creditors
534,072
521,069

937,317
925,695


Page 5

 
OXFORDSHIRE INNS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
403,245
404,625

403,245
404,625

403,245
404,625


 
Page 6