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OXFORD 331 PROPERTY MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
Oxford 331 Property Management Limited is a private limited company limited by shares incorporated in England and Wales. The registered office is 124 Finchley Road, London, England, NW3 5JS. The company was incorporated on 2 September 2024 and commenced to trade on 4 October 2025. On 11 October 2024, the Company changed its name from Oxford 331 Property Investment Limited to Oxford 331 Property Management Limited.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The directors accept that although there does exist an inherent uncertainty that may cast doubt about
the ability of the Company to continue as a going concern, as is the case with all companies; the
directors consider the uncertainty to be sufficiently insignificant, given the Company's observed
operational activity during the period ended 30 September 2025, expected operational activity for the
foreseeable future and net asset position as at the balance sheet date, such that the application of
going concern basis in preparing the Company's financial statements remains appropriate and in turn
has prepared the Company's financial statements under said basis.
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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