Oxford Gate Properties Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 12878931

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,451,544		8,470,528
Investments	5		50		50

			8,451,594		8,470,578
CURRENT ASSETS
Debtors	6	7,792,494		7,173,898
Cash at bank and in hand		2,421,135		3,834,419

		10,213,629		11,008,317
Creditors: Amounts Falling Due Within One Year	7	(34,289 )		(62,843 )

NET CURRENT ASSETS (LIABILITIES)			10,179,340		10,945,474

TOTAL ASSETS LESS CURRENT LIABILITIES			18,630,934		19,416,052

NET ASSETS			18,630,934		19,416,052

CAPITAL AND RESERVES
Called up share capital	8		3		3
Profit and Loss Account			18,630,931		19,416,049

SHAREHOLDERS' FUNDS			18,630,934		19,416,052

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.

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 Ross Robertson

Director

22/09/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Oxford Gate Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12878931 . The registered office is Welkin House Milton Hill, Steventon, Abingdon, Oxfordshire, OX13 6AB.

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:

Freehold	not depreciated
Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 2 (2023: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	8,356,936	76,314	21,912	47,390
Additions	-	1,215	-	-

As at 31 December 2024	8,356,936	77,529	21,912	47,390

...CONTINUED

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Oxford Gate Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	7,076	7,888	17,060
Provided during the period	-	14,090	2,805	6,066

As at 31 December 2024	-	21,166	10,693	23,126

Net Book Value
As at 31 December 2024	8,356,936	56,363	11,219	24,264

As at 1 January 2024	8,356,936	69,238	14,024	30,330


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	-	8,502,552
Additions	3,452	4,667

As at 31 December 2024	3,452	8,507,219

Depreciation
As at 1 January 2024	-	32,024
Provided during the period	690	23,651

As at 31 December 2024	690	55,675

Net Book Value
As at 31 December 2024	2,762	8,451,544

As at 1 January 2024	-	8,470,528

5. Investments

	Unlisted
	£
Cost
As at 1 January 2024	50

As at 31 December 2024	50

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	50

As at 1 January 2024	50

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Oxford Gate Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	42,412	9,640
Other debtors	7,726,259	7,038,966
VAT	18,333	22,777
Directors' loan accounts	5,490	102,515

	7,792,494	7,173,898

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	27,055	55,753
Other creditors	5,435	5,440
Accruals and deferred income	1,799	1,650

	34,289	62,843

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	3	3

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Ross Robertson	102,515	5,490	102,515	-	5,490

The above loan is unsecured, interest is charged at the current rate and repayable on demand.

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