REGISTERED NUMBER: SC764328 (Scotland)

Oxnam Holdings Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

7

Directors:

E Wengersky

Countess M Wengersky

Registered office:

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Business address:

C/o FBR Seed Limited

Rose Lane

Kelso

TD5 7AP

Registered number:

SC764328 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

2,232,151

2,201,839

Investments

5

-

1,100

Investment property

6

640,299

620,374

2,872,450

2,823,313

Current assets

Stocks

173,546

165,643

Debtors

7

37,187

55,575

Cash at bank

594,642

527,989

805,375

749,207

Creditors

Amounts falling due within one year

8

325,471

722,068

Net current assets

479,904

27,139

Total assets less current liabilities

3,352,354

2,850,452

Provisions for liabilities

57,923

47,683

Net assets

3,294,431

2,802,769

Capital and reserves

Called up share capital

2,200

2,200

Retained earnings

3,292,231

2,800,569

3,294,431

2,802,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th December 2025 and were signed on its behalf by:

E Wengersky - Director

Countess M Wengersky - Director

1.	Statutory information

Oxnam Holdings Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Rentals receivable under operating leases are credited to income on a straight line basis over the lease term.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

Nil

Plant and machinery

-

25% on cost

Investment Property - no depreciation except for 20% reducing balance on internal fixtures.

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Breeding livestock are valued under the Herd Basis rules, with young stock being valued on the trading basis, at the lower of cost and net realisable value.

All other stock is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred in bringing the stocks to completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, inter-company loans and shareholder loans.

Inter-company loans and shareholder loans (being repayable on demand), trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Group accounts

The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

Going concern

The directors have considered the company's financial position for a period of 12 months and beyond from the date of signing these financial statements, and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.	Tangible fixed assets

Land and

Plant and

buildings

machinery

Totals

£

£

£

Cost

At 1st April 2024

2,195,945

6,391

2,202,336

Additions

30,331

1,702

32,033

At 31st March 2025

2,226,276

8,093

2,234,369

Depreciation

At 1st April 2024

-

497

497

Charge for year

-

1,721

1,721

At 31st March 2025

-

2,218

2,218

Net book value

At 31st March 2025

2,226,276

5,875

2,232,151

At 31st March 2024

2,195,945

5,894

2,201,839

5.	Fixed asset investments

Shares in

group

companies

£

Cost

At 1st April 2024

1,100

Disposals

(1,100

)

At 31st March 2025

-

Net book value

At 31st March 2025

-

At 31st March 2024

1,100

6.	Investment property

Total

£

Fair value

At 1st April 2024

620,399

Revaluations

20,000

At 31st March 2025

640,399

Depreciation

At 1st April 2024

25

Charge for year

75

At 31st March 2025

100

Net book value

At 31st March 2025

640,299

At 31st March 2024

620,374

The investment property is carried at it's most recent valuation of £640,000, with any fixtures carried at cost less depreciation.

Fair value at 31st March 2025 is represented by:

£

Valuation in 2025

20,000

Cost

620,399

640,399

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

620,399

620,399

Investment property was valued on an open market basis on 31st March 2025 by the directors. .

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

24,899

47,548

Other debtors

12,288

8,027

37,187

55,575

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

29,639

44,070

Amounts owed to group undertakings

-

343,010

Taxation and social security

34,660

24,559

Other creditors

261,172

310,429

325,471

722,068

9.	Related party disclosures

During the year, on 25th February 2025, Oxnam Estates Limited, a company in which Oxnam Holdings Limited owned 100% of the share capital, was dissolved. It was agreed on the winding up of Oxnam Estates Limited that the balance due from Oxnam Holdings Limited in respect of an inter-company loan totalling £337,073, would be waived and treated as a distribution. At the year-end the loan balance was £nil.