Company No: 09111212 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	R N Harris
	H G Williams

Secretary

K J Harris

Registered office	2nd Floor 168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

Company number

09111212 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	2,389		1,597
		2,389		1,597
Current assets
Debtors	4	121,862		70,473
Cash at bank and in hand		6,933		4,856
		128,795		75,329
Creditors: amounts falling due within one year	5	( 35,299)		( 26,959)
Net current assets		93,496		48,370
Total assets less current liabilities		95,885		49,967
Net assets		95,885		49,967
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		95,785		49,867
Total shareholders' funds		95,885		49,967

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Oxlo Properties Limited (registered number: 09111212) were approved and authorised for issue by the Board of Directors on 26 September 2025. They were signed on its behalf by:

R N Harris Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Oxlo Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor 168 Shoreditch High Street, London, E1 6RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 January 2024	8,382		8,382
Additions	1,647		1,647
At 31 December 2024	10,029		10,029
Accumulated depreciation
At 01 January 2024	6,785		6,785
Charge for the financial year	855		855
At 31 December 2024	7,640		7,640
Net book value
At 31 December 2024	2,389		2,389
At 31 December 2023	1,597		1,597

4. Debtors

	2024		2023
	£		£
Amounts owed by directors	2,165		437
Prepayments	219		244
Corporation tax	9,925		9,195
Other debtors	109,553		60,597
	121,862		70,473

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	412		10,378
Other loans	0		2,981
Accruals	8,160		3,410
Taxation and social security	25,917		9,563
Other creditors	810		627
	35,299		26,959

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Related party transactions

During the period, the company charged management fees of £44,000 (2023: £25,610) to The Calypso Portfolio, a Group of Companies of which R N Harris and H G Williams are also directors. Nothing was outstanding in relation to this at the year end.

During the period, the company charged management fees of £50,000 (2023: £3,740) to Fairfax (Retail) Properties Limited, a Group of Companies of which R N Harris and H G Williams are also directors. Nothing was outstanding in relation to this at the year end.

As at the balance sheet date, the directors owed £1,354 (2023: £190) to the company.

During the period, the company loaned a company under common control £59,000 (2023: £Nil). The company under common control met expenditure on behalf of the company totalling £Nil (2023: £2,981). As at the year end, the company was owed £56,019 (2023: owed £2,981). This amount is included within Other Debtors. It is non-interest bearing and repayable on demand.

8. Ultimate controlling party

The company is under the control of its directors.