OXHOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2025
Company Registration Number: 12686022
OXHOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
CONTENTS PAGES
Company information 1
Balance sheet 2 to 3
Notes to the financial statements 4 to 8
OXHOMES LTD
COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2025
DIRECTORS
C R Bright
T C Sealey-Bright
SECRETARY
The company does not have an appointed secretary
REGISTERED OFFICE
Unit 1 Chapple House
25 Oxford Road
Kidlington
Oxford
OX5 2GG
COMPANY REGISTRATION NUMBER
12686022 England and Wales
OXHOMES LTD
BALANCE SHEET
AS AT 30 JUNE 2025
Notes 2025 2024
£ £
FIXED ASSETS
Investments 5 3,310,592 1,875,442
CURRENT ASSETS
Debtors 6 17,052 11,308
Cash at bank and in hand 5,135 3,371
22,187 14,679
CREDITORS: Amounts falling due within one year 7 1,925,620 1,802,497
NET CURRENT LIABILITIES (1,903,433) (1,787,818)
TOTAL ASSETS LESS CURRENT LIABILITIES 1,407,159 87,624
CREDITORS: Amounts falling due after more than one year 8 1,493,387 110,000
NET LIABILITIES (86,228) (22,376)
CAPITAL AND RESERVES
Called up share capital 1 1
Distributable profit and loss account (86,229) (22,377)
SHAREHOLDER'S DEFICIT (86,228) (22,376)
OXHOMES LTD
BALANCE SHEET
AS AT 30 JUNE 2025
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
C R Bright
Director
Date approved by the board: 28 November 2025
OXHOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
1 GENERAL INFORMATION
Oxhomes Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Unit 1 Chapple House
25 Oxford Road
Kidlington
Oxford
OX5 2GG
The financial statements are presented in Sterling, which is the functional currency of the company.
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of preparation of financial statements
These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
Going concern
The accounts have been drawn up on the going concern basis. The company owes Its bank £1,493,387, one of the directors £108,050 and its parent undertaking £1,706,662, all of which could be required for repayment without notice. The company is therefore dependent upon the continued support of the bank and its parent undertaking. The directors do not consider their own support likely to be withdrawn.
If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.
Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.
OXHOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
Financial Instruments
A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.
Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.
Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.
Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.
Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Debtors
Short term debtors are measured at transaction price, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
OXHOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other taxable profits.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Current and deferred tax assets and liabilities are not discounted.
Borrowing costs
All borrowing costs are recognised in the profit and loss account in the period in which they are incurred.
3 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
The directors have made key assumptions in determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.
4 EMPLOYEES
The average number of persons employed by the company (including directors) during the year was:
2025 2024
Average number of employees 2 2
OXHOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
5 FIXED ASSET INVESTMENTS
Investment property
£
Cost
At 1 July 2024 1,875,442
Additions 1,435,150
At 30 June 2025 3,310,592
Net book value
At 1 July 2024 1,875,442
At 30 June 2025 3,310,592
In the opinion of the directors, the investment property has been stated at fair value.
6 DEBTORS
2025 2024
£ £
Other debtors 17,052 11,308
7 CREDITORS: Amounts falling due within one year
2025 2024
£ £
Trade creditors - 15,428
Accruals and deferred income 2,908 2,907
Other creditors 1,922,712 1,784,162
1,925,620 1,802,497
8 CREDITORS: Amounts falling due after more than one year
2025 2024
£ £
Bank loans and overdrafts 1,493,387 110,000
9 SECURED DEBTS
The company's bankers hold fixed and floating charges dated 12 March 2024 over the assets of the company.
OXHOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
10 RELATED PARTY TRANSACTIONS
The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:
Oxhold Limited Parent undertaking
During the year, the following transactions with related parties took place:
C R Bright
Director 2025 2024
£ £
Advances to company The director has made advances to the
company which are repayable on demand. No
interest has been charged on these advances.
At the year end, the company owed the
director the following amount:		 108,050 -
Professor S Bright
Connected party 2025 2024
£ £
Advances to company The connected party has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the connected party the following amount: 108,000 -
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