Oxcamb Investments Limited 03863282 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is of an investment company. Digita Accounts Production Advanced 6.30.9574.0 true 03863282 2023-04-01 2024-03-31 03863282 2024-03-31 03863282 core:RetainedEarningsAccumulatedLosses 2024-03-31 03863282 core:RevaluationReserve 2024-03-31 03863282 core:ShareCapital 2024-03-31 03863282 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-03-31 03863282 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-03-31 03863282 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03863282 core:LandBuildings 2024-03-31 03863282 bus:SmallEntities 2023-04-01 2024-03-31 03863282 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03863282 bus:FullAccounts 2023-04-01 2024-03-31 03863282 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03863282 bus:RegisteredOffice 2023-04-01 2024-03-31 03863282 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 03863282 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03863282 core:Associate1 2023-04-01 2024-03-31 03863282 core:Associate1 countries:AllCountries 2023-04-01 2024-03-31 03863282 core:RevaluationReserve 2023-04-01 2024-03-31 03863282 core:LandBuildings 2023-04-01 2024-03-31 03863282 countries:EnglandWales 2023-04-01 2024-03-31 03863282 2023-03-31 03863282 core:CostValuation 2023-03-31 03863282 core:LandBuildings 2023-03-31 03863282 2022-04-01 2023-03-31 03863282 2023-03-31 03863282 core:RetainedEarningsAccumulatedLosses 2023-03-31 03863282 core:RevaluationReserve 2023-03-31 03863282 core:ShareCapital 2023-03-31 03863282 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03863282 core:LandBuildings 2023-03-31 03863282 core:Associate1 2022-04-01 2023-03-31 03863282 core:RevaluationReserve 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 03863282

Oxcamb Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Oxcamb Investments Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Oxcamb Investments Limited

(Registration number: 03863282)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

65,000

65,000

Investments

5

170,000

170,000

Other financial assets

6

596,423

618,899

 

831,423

853,899

Current assets

 

Debtors

7

318,365

318,365

Cash at bank and in hand

 

682

858

 

319,047

319,223

Creditors: Amounts falling due within one year

8

(221,548)

(208,881)

Net current assets

 

97,499

110,342

Total assets less current liabilities

 

928,922

964,241

Provisions for liabilities

(125,604)

(62,288)

Net assets

 

803,318

901,953

Capital and reserves

 

Called up share capital

2

2

Non distributable reserve on fair value adjustment

376,813

462,605

Profit and loss account

426,503

439,346

Shareholders' funds

 

803,318

901,953

 

Oxcamb Investments Limited

(Registration number: 03863282)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 November 2024 and signed on its behalf by:
 

.........................................
Mr R Patel
Company secretary and director

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Kingsdown Farm
Kingsdown Road
Swindon
Wiltshire
SN25 6PB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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.

Foreign currency transactions and balances

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at
the dates of the transactions. At each reporting end date, monetary assets and liabilities that are
denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains
and losses arising on translation are included in the profit and loss account for the period.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land

Nil

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.

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

65,000

65,000

At 31 March 2024

65,000

65,000

Depreciation

Carrying amount

At 31 March 2024

65,000

65,000

At 31 March 2023

65,000

65,000

5

Investments

2024
£

2023
£

Investments in associates

170,000

170,000

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Associates

£

Cost

At 1 April 2023

170,000

Provision

Carrying amount

At 31 March 2024

170,000

At 31 March 2023

170,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Associates

REPL International Limited

Ordinary shares

49%

49%

 

England

     

Associates

REPL International Limited

The principal activity of REPL International Limited is Manufacture and distribution.

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

6

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 April 2023

572,113

52,523

624,636

Fair value adjustments

(20,776)

-

(20,776)

At 31 March 2024

551,337

52,523

603,860

Impairment

At 1 April 2023

-

5,738

5,738

Losses made in the period

-

1,699

1,699

At 31 March 2024

-

7,437

7,437

Carrying amount

At 31 March 2024

551,337

45,086

596,423

7

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

318,365

318,365

Details of non-current trade and other debtors

£318,365 (2023 -£318,365) of it is classified as non current.

8

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

221,548

208,881

 

Oxcamb Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

Revaluation reserve
£

Total
£

Surplus/deficit on revaluation of other assets

(85,792)

(85,792)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

Revaluation reserve
£

Total
£

Surplus/deficit on revaluation of other assets

(364,615)

(364,615)