for the Period Ended 31 March 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2025
Directors
The directors shown below have held office during the whole of the period from
1 April 2024
to
31 March 2025
The director shown below has held office during the period of
1 April 2024
to
1 June 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Current assets | |||
| Debtors: | 3 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 4 |
(
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(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2025
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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Advanced Oxford is a membership organisation with members drawn from R&D based/innovative companies working across Oxfordshire. Our membership includes companies, as well as Oxford’s two Universities, the NHS and providers of innovation infrastructure and support. Advanced Oxford was set up in response to the Oxford Innovation Engine Update report. Published in 2016, the report identified the need for stronger engagement from the innovative businesses in Oxfordshire in the work to develop the region as a centre of excellence and an engine room for innovation. Work to scope and set up Advanced Oxford started in 2017. We have an established team, published research and live projects that will take us forward into 2026 and beyond. Throughout 2024/25, our work has focused on a range of issues, including the investment landscape, skills and talent, infrastructure and utilities provision and we also started to prepare to support a number of externally driven initiatives, including the Growth Commission for Oxford and the University of Oxford’s strategic innovation taskforce. Further information about Advanced Oxford, our members and our work can be found on our website, www.AdvancedOxford.com. Our website contains our research publications and information on live projects. Advanced Oxford is research-led, providing analysis and a united voice for our members on the key issues affecting the development of the innovation ecosystem in the Oxford region. We generate our own research and work to support and inform key stakeholders involved in the development of the business environment, infrastructure and policy. Advanced Oxford is working to support the long-term development and success of the Oxford region as a place to live and work. We do this by drawing on our collective experience of setting up, running or working in knowledge-based, innovation-focused businesses and organisations. We use our connections to other businesses to generate evidence and undertake research. We want to support the long-term development and success of the Oxford region as a place to live and work. While we have an active interest in issues that impact on growth – housing, transport, skills and talent etc – we are also interested in the lived experience, which is why we previously conducted research into Quality of Life. We also work with other organisations, supporting regional activities, for example our Managing Director sits on the steering committee of the Oxford Inclusive Economy Partnership and represents Advanced Oxford on the Oxford – Cambridge Supercluster Board.
Consultation with stakeholders of Advanced Oxford CIC (i.e. members and other interested parties such as non-member companies, district councils and Oxfordshire County Council) takes place on regular basis, both through face to face meetings, individually and collectively, and through e mail communications, surveys, workshops and interviews. Consultation work has informed Advanced Oxford’s work plan and priorities and the plan has been approved by our Board, which includes representatives from our membership. Meetings tend to take place in person, including member meetings, which typically take place 2 to 3 times a year.
During the year, payments totalling £80,189.83 (2024: £76,678) were paid to Goodlowe Limited, a company of which Sarah Haywood (director of Advanced Oxford CIC) is the director and sole shareholder, in respect of management services provided to the community interest company.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
5 November 2025
And signed on behalf of the board by:
Name: Mrs S M Haywood
Status: Director