| OXHEY PROPERTY MANAGEMENT LTD |
| Registered number: |
08770761 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
6,688,000 |
|
|
6,688,000 |
|
| Current assets |
| Debtors |
4 |
|
71,017 |
|
|
72,017 |
| Cash at bank and in hand |
|
|
52,191 |
|
|
343,778 |
|
|
|
123,208 |
|
|
415,795 |
|
| Creditors: amounts falling due within one year |
5 |
|
(29,557) |
|
|
(275,232) |
|
| Net current assets |
|
|
|
93,651 |
|
|
140,563 |
|
| Total assets less current liabilities |
|
|
|
6,781,651 |
|
|
6,828,563 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(6,670,708) |
|
|
(6,692,036) |
|
|
|
| Net assets |
|
|
|
110,943 |
|
|
136,527 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
110,942 |
|
|
136,526 |
|
| Shareholders' funds |
|
|
|
110,943 |
|
|
136,527 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Rakhi Tarunkumar Agrawal |
| Director |
| Approved by the board on 11 May 2026 |
|
| OXHEY PROPERTY MANAGEMENT LTD |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover comprises of invoiced value of services supplied by the company. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement
of income, except to the extent that it relates to items recognised in other comprehensive income or
directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or
substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 January 2025 |
6,688,000 |
|
At 31 December 2025 |
6,688,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
6,688,000 |
|
At 31 December 2024 |
6,688,000 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
850 |
|
850 |
|
Other debtors |
70,167 |
|
71,167 |
|
|
|
|
|
|
71,017 |
|
72,017 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
28,462 |
|
274,137 |
|
Other creditors |
1,095 |
|
1,095 |
|
|
|
|
|
|
29,557 |
|
275,232 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
1,824,536 |
|
1,832,015 |
|
Other creditors |
4,846,172 |
|
4,860,021 |
|
|
|
|
|
|
6,670,708 |
|
6,692,036 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
OXHEY PROPERTY MANAGEMENT LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
4 Ambassador House |
|
Wolseley Road Harrow |
|
HA3 5RT |