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Company Registration No. 03001886 (England and Wales)
Oxford Cruisers Limited Unaudited accounts for the year ended 31 December 2024
Oxford Cruisers Limited Unaudited accounts Contents
Page
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Oxford Cruisers Limited Company Information for the year ended 31 December 2024
Directors
Andrew Stephen Malpus Stephen Beresford Malpus
Company Number
03001886 (England and Wales)
Registered Office
The Boat Hire Centre, Oxford Road Eynsham WITNEY Oxon OX29 4DA
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Oxford Cruisers Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
565,633 
572,900 
Current assets
Inventories
23,000 
18,000 
Debtors
187,894 
108,975 
Cash at bank and in hand
50,658 
142,747 
261,552 
269,722 
Creditors: amounts falling due within one year
(84,364)
(103,337)
Net current assets
177,188 
166,385 
Total assets less current liabilities
742,821 
739,285 
Creditors: amounts falling due after more than one year
(228,617)
(245,760)
Net assets
514,204 
493,525 
Capital and reserves
Called up share capital
45 
45 
Revaluation reserve
35,000 
35,000 
Capital redemption reserve
55 
55 
Profit and loss account
479,104 
458,425 
Shareholders' funds
514,204 
493,525 
For the year ending 31 December 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 23 June 2025 and were signed on its behalf by
Andrew Stephen Malpus Director Company Registration No. 03001886
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Oxford Cruisers Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Oxford Cruisers Limited is a private company, limited by shares, registered in England and Wales, registration number 03001886. The registered office is The Boat Hire Centre, Oxford Road, Eynsham, WITNEY, Oxon, OX29 4DA.
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 financial statements have been prepared under the historical cost convention in accordance with Section 1A of FRS102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2%
Plant & machinery
20% SLB and 20% RBB
Motor vehicles
20%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/ completion.
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Oxford Cruisers Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
615,404 
125,770 
21,820 
762,994 
Additions
2,035 
5,160 
- 
7,195 
At 31 December 2024
617,439 
130,930 
21,820 
770,189 
Depreciation
At 1 January 2024
74,708 
104,840 
10,546 
190,094 
Charge for the year
3,900 
6,198 
4,364 
14,462 
At 31 December 2024
78,608 
111,038 
14,910 
204,556 
Net book value
At 31 December 2024
538,831 
19,892 
6,910 
565,633 
At 31 December 2023
540,696 
20,930 
11,274 
572,900 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
23,000 
18,000 
23,000 
18,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,985 
20,759 
Accrued income and prepayments
161,909 
88,216 
187,894 
108,975 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,034 
4,063 
Trade creditors
4,254 
6,390 
Taxes and social security
7,156 
23,665 
Other creditors
7,761 
4,785 
Loans from directors
64,159 
64,284 
Accruals
- 
150 
84,364 
103,337 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
228,617 
245,760 
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Oxford Cruisers Limited Notes to the Accounts for the year ended 31 December 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
45 Ordinary shares of £1 each
45 
45 
10
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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