07340504falseholding company2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07340504

Oxford Freight Group Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Apple Tree Accountancy Ltd
Fox Fold House
Steventon Road
East Hanney
Wantage
OX12 0HS

Oxford Freight Group Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Mr P J Bennett
Mr S P Joyce
REGISTERED OFFICE
C/O Verran Freight Ltd, Unit F, Steventon Storage Facility
Hanney Road, Steventon
Abingdon
Oxon.
OX13 6DJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07340504
ACCOUNTANTS
Apple Tree Accountancy Ltd
Fox Fold House
Steventon Road
East Hanney
Wantage
OX12 0HS

Oxford Freight Group Ltd

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Oxford Freight Group Ltd

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Investment Assets3364,674364,674
CURRENT ASSETS
Debtors490,000204,000
Cash at bank and in hand365,426382,931
455,426586,931
CREDITORS: Amounts falling due within one year5435,679526,560
NET CURRENT ASSETS19,74760,371
TOTAL ASSETS LESS CURRENT LIABILITIES384,421425,045
CAPITAL AND RESERVES
Called up share capital6800800
Capital redemption reserve7256256
Profit and loss account383,365423,989
SHAREHOLDERS' FUNDS384,421425,045
For the year ending 31/12/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/03/2025 and signed on their behalf by
.............................
Mr P J Bennett
Director
.............................
Mr S P Joyce
Director

Oxford Freight Group Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20242023
No.No.
Average number of employees11
3. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/01/2024364,674364,674
At 31/12/2024364,674364,674
Amortisation
Net Book Amounts
At 31/12/2024364,674364,674
At 31/12/2023364,674364,674

Oxford Freight Group Ltd

4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors90,000204,000
90,000204,000
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax90,110181,258
Accruals1,2901,023
Amounts due to group companies344,279344,279
435,679526,560
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
400 A class Ordinary shares of £1 each400400
400 B class Ordinary shares of £1 each400400
800800
7. OTHER RESERVES 20242023
££
Capital redemption reserve256256
256256
8. RELATED PARTY TRANSACTIONS
Oxford Freight Group Ltd (OFGL) has a controlling interest in Verran Freight Ltd (VFL). During the year, OFGL charged £361,000 (2023 : £769,000) to VFL for management services.
At the balance sheet date, OFGL owed £254,279 (2023 : £140,279) to VFL.