OXFORD PROPERTY INVESTMENTS LTD

Company Registration Number:
09530681 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 29 June 2022

End date: 30 June 2023

OXFORD PROPERTY INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

OXFORD PROPERTY INVESTMENTS LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 1,023 1,180
Total fixed assets: 1,023 1,180
Current assets
Stocks: 0 0
Debtors:   4,717,570 6,680,715
Cash at bank and in hand: 3,145 3,257
Investments:   0 0
Total current assets: 4,720,715 6,683,972
Creditors: amounts falling due within one year:   (4,213,358) (6,045,371)
Net current assets (liabilities): 507,357 638,601
Total assets less current liabilities: 508,380 639,781
Creditors: amounts falling due after more than one year:   (41,122) (41,122)
Provision for liabilities: 0 0
Total net assets (liabilities): 467,258 598,659
Capital and reserves
Called up share capital: 150 150
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 467,108 598,509
Shareholders funds: 467,258 598,659

The notes form part of these financial statements

OXFORD PROPERTY INVESTMENTS LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 February 2025
and signed on behalf of the board by:

Name: Miss D L Colegate - Davis
Status: Director

The notes form part of these financial statements

OXFORD PROPERTY INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. Revenue is recognised when services are rendered to the customers.

Other accounting policies

Preparation of consolidated financial statements The financial statements contain information about Oxford Property Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. Significant judgements and estimates In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements. Investments in subsidiaries and associates Investment in subsidiary and associate undertakings are recognised at cost less impairment. Taxation Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Cash and cash equivalent Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. Financial instruments Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

OXFORD PROPERTY INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

OXFORD PROPERTY INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Fixed investments

Investment in subsidiary and associate undertakings are recognised at cost less impairment.

OXFORD PROPERTY INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Loans to directors

Included in the other debtors due within one year is an amount of £28,971 (2022: £4,970 due to) from the director of the company. Interest at the rate of 2.25% per annum has been charged on the overdrawn balance. The loan was repaid on 1 August 2023.

OXFORD PROPERTY INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. Included in the other debtors less than one year is an amount of £1,023,159 (2022: £2,866,327 ) due from connected companies with common control. The loans were interest free and repayable on demand. Also, included is an amount of £1,781,093 (2022: £2,049,,508) balance due from third party entities and the balance was repayable on demand. Included in the other creditors less than one year is an amount of £1,905,298 (2022: £2,289,384) due to connected companies with common control, £41,190 (2022: £73,647) due to the director and £66,420 (2022: £67,420) due to a shareholder of the company. The loans were interest free and repayable on demand. Also, included is an amount of £1,442,327 (2022: £2,339,024) due to third party entities and the balance was repayable on demand.