Oxford House (Slough) Limited 12589804 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is property development and incidental property rental. Digita Accounts Production Advanced 6.30.9574.0 true true true 12589804 2023-06-01 2024-05-31 12589804 2024-05-31 12589804 core:CurrentFinancialInstruments 2024-05-31 12589804 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 12589804 bus:SmallEntities 2023-06-01 2024-05-31 12589804 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12589804 bus:FilletedAccounts 2023-06-01 2024-05-31 12589804 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12589804 bus:RegisteredOffice 2023-06-01 2024-05-31 12589804 bus:Director1 2023-06-01 2024-05-31 12589804 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12589804 1 2023-06-01 2024-05-31 12589804 countries:EnglandWales 2023-06-01 2024-05-31 12589804 2022-06-01 2023-05-31 12589804 2023-05-31 12589804 core:CurrentFinancialInstruments 2023-05-31 12589804 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 12589804

Oxford House (Slough) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Oxford House (Slough) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

Parent and ultimate parent undertaking

5

 

Oxford House (Slough) Limited

Company Information

Director

B P K Dhoot

Registered office

Connaught House
48 High Street
Slough
Berkshire
SL1 1EL

Accountants

Ardmore Accountancy Limited
Chartered Certified Accountants
Suite 2
Jupiter Business Suites
30a Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7DA

 

Oxford House (Slough) Limited

(Registration number: 12589804)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

1,738,213

1,738,663

Debtors

5

24,124

2,981

Cash at bank and in hand

 

49,599

57,749

 

1,811,936

1,799,393

Creditors: Amounts falling due within one year

6

(21,148)

(33,547)

Net assets

 

1,790,788

1,765,846

Capital and reserves

 

Called up share capital

1

1

Other reserves

1,660,000

1,660,000

Retained earnings

130,787

105,845

Shareholders' funds

 

1,790,788

1,765,846

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

Director's 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 director acknowledges her 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 director on 21 February 2025
 

B P K Dhoot
Director

   
     
 

Oxford House (Slough) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 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:
Connaught House
48 High Street
Slough
Berkshire
SL1 1EL

These financial statements were authorised for issue by the director on 21 February 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Turnover in respect of long term contract developments is calculated to reflect the stage of completion of each contract.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

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.

 

Oxford House (Slough) Limited

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 company 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 at the transaction price.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

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

4

Stocks

2024
£

2023
£

Other inventories

1,738,213

1,738,663

5

Debtors

2024
£

2023
£

Prepayments

1,676

1,571

Other debtors

22,448

1,410

24,124

2,981

 

Oxford House (Slough) Limited

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

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

3,663

Taxation and social security

7,500

15,574

Accruals and deferred income

2,160

3,960

Other creditors

11,488

10,350

21,148

33,547

7

Parent and ultimate parent undertaking

The company's immediate parent is TWOBSH Limited, incorporated in England and Wales.

  These financial statements are available upon request from Connaught House, 48 High Street, Slough, SL1 1EL