Contents of the Financial Statements

for the Period Ended 31 July 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 July 2025

The directors present their report with the financial statements of the company for the period ended 31 July 2025

Directors

The directors shown below have held office during the whole of the period from
1 August 2024 to 31 July 2025

Mr J K Clark
Professor P Roche

The director shown below has held office during the period of
1 August 2024 to 28 February 2025

Professor A S Goudie

The director shown below has held office during the period of
1 August 2024 to 18 November 2024

Mr T Fletcher

The director shown below has held office during the period of
1 January 2025 to 31 July 2025

Dr S J New

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
26 November 2025

And signed on behalf of the board by:
Name: Mr J K Clark
Status: Secretary

Profit And Loss Account

for the Period Ended 31 July 2025

	2025	2024
	£	£
Turnover:	3,203,057	3,206,951
Cost of sales:	( 1,626,360 )	( 1,423,571 )
Gross profit(or loss):	1,576,697	1,783,380
Distribution costs:	0	0
Administrative expenses:	( 75,184 )	( 70,874 )
Other operating income:	0	0
Operating profit(or loss):	1,501,513	1,712,506
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	1,501,513	1,712,506
Tax:	0	0
Profit(or loss) for the financial year:	1,501,513	1,712,506

Balance sheet

As at 31 July 2025

	Notes	2025	2024
		£	£
Fixed assets
Intangible assets:		0	0
Tangible assets:		0	0
Investments:		0	0
Total fixed assets:		0	0
Current assets
Stocks:	3	28,909	19,209
Debtors:	4	403,894	1,657,931
Cash at bank and in hand:		2,581,627	1,129,463
Investments:		0	0
Total current assets:		3,014,430	2,806,603
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 1,512,917 )	( 1,382,513 )
Net current assets (liabilities):		1,501,513	1,424,090
Total assets less current liabilities:		1,501,513	1,424,090
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		1,501,513	1,424,090
Members' funds
Profit and loss account:		1,501,513	1,424,090
Total members' funds:		1,501,513	1,424,090

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 July 2025 the company was entitled to exemption 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts derived from the provision of goods and services which fall within the company's ordinary activities after deduction of trade discounts and Value Added Tax. The turnover and pre-tax profit, all of which arises in the United Kingdom, is attributable to the provision of conference management services at Hertford College, Oxford.

  Other accounting policies

  Going Concern The directors have a reasonable expectation that, due to the nature of the company's activities and the timing of the related cash flows, the company will have adequate resources to enable it to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements as outlined in the Statement of Directors' Responsibilities Financial Instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Critical accounting judgements and key sources of estimation uncertainty Preparation of the financial statements requires management to make judgements and estimates. The directors consider that there are no material judgements in applying accounting policies or key sources of estimation uncertainty.

Notes to the Financial Statements

for the Period Ended 31 July 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0