Oxbow Consulting Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07338603

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,003		4,003

			3,003		4,003
CURRENT ASSETS
Stocks	5	7,500		7,500

		7,500		7,500
Creditors: Amounts Falling Due Within One Year	6	(18,741 )		(14,863 )

NET CURRENT ASSETS (LIABILITIES)			(11,241 )		(7,363 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,238 )		(3,360 )

Creditors: Amounts Falling Due After More Than One Year	7		(2,400 )		(4,400 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(570 )		(761 )

NET LIABILITIES			(11,208 )		(8,521 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(11,209 )		(8,522 )

SHAREHOLDERS' FUNDS			(11,208)		(8,521)

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Oxbow Consulting Ltd

Balance Sheet (continued)

As At 31 August 2024

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

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

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Matthew Trott

Director

31/03/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Oxbow Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07338603 . The registered office is 49 Kensington Way, Polegate, East Sussex, BN26 6FH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Oxbow Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2024

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 September 2023	3,070	26,165	29,235

As at 31 August 2024	3,070	26,165	29,235

Depreciation
As at 1 September 2023	2,560	22,672	25,232
Provided during the period	127	873	1,000

As at 31 August 2024	2,687	23,545	26,232

Net Book Value
As at 31 August 2024	383	2,620	3,003

As at 1 September 2023	510	3,493	4,003

5. Stocks

	2024	2023
	£	£
Materials	7,500	7,500

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Oxbow Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	3,951	4,111
Other creditors	14,732	10,630
Taxation and social security	58	122

	18,741	14,863

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,400	4,400

8. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

The loans are secured on the assets of the company.

	2024		2023
	£		£
Bank loans and overdrafts	4,800		6,800

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	570	761

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

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