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Company Registration No. 12297156 (England and Wales)
OXSOURCE LTD Unaudited accounts for the year ended 30 November 2024
OXSOURCE LTD Unaudited accounts Contents
Page
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OXSOURCE LTD Company Information for the year ended 30 November 2024
Directors
JOHN MICHAEL CHAPMAN ROSS GRANT LYONS JACOB NICHOLAS MOORE
Company Number
12297156 (England and Wales)
Registered Office
JOHN ECCLES HOUSE ROBERT ROBINSON AVENUE OXFORD OX4 4GP ENGLAND
Accountants
RAJB CONSULTANTS LIMITED 14 ANDERSON PLACE BAGSHOT Surrey GU19 5LX
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OXSOURCE LTD Accountants' report
Accountants' report to the board of directors of OXSOURCE LTD on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of OXSOURCE LTD for the year ended 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OXSOURCE LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of OXSOURCE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OXSOURCE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OXSOURCE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OXSOURCE LTD. You consider that OXSOURCE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OXSOURCE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAJB CONSULTANTS LIMITED 14 ANDERSON PLACE BAGSHOT Surrey GU19 5LX 24 February 2025
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OXSOURCE LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
8,640 
Cash at bank and in hand
4,668 
5,660 
4,668 
14,300 
Creditors: amounts falling due within one year
(105,165)
(95,481)
Net current liabilities
(100,497)
(81,181)
Total assets less current liabilities
(100,497)
(81,181)
Creditors: amounts falling due after more than one year
(33,479)
(44,761)
Net liabilities
(133,976)
(125,942)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(133,979)
(125,945)
Shareholders' funds
(133,976)
(125,942)
For the year ending 30 November 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
JOHN MICHAEL CHAPMAN Director Company Registration No. 12297156
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OXSOURCE LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
OXSOURCE LTD is a private company, limited by shares, registered in England and Wales, registration number 12297156. The registered office is JOHN ECCLES HOUSE, ROBERT ROBINSON AVENUE, OXFORD, OX4 4GP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
8,640 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,444 
4,444 
Taxes and social security
76,842 
70,884 
Other creditors
20,367 
19,999 
Loans from directors
2,912 
154 
Accruals
600 
- 
105,165 
95,481 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
24,837 
26,011 
Other creditors
8,642 
18,750 
33,479 
44,761 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
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OXSOURCE LTD Notes to the Accounts for the year ended 30 November 2024
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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