ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 13418400

MEDALLION (OXFORD) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2025

MEDALLION (OXFORD) LIMITED

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MEDALLION (OXFORD) LIMITED
FOR THE YEAR ENDED 31 MAY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MEDALLION (OXFORD) LIMITED for the year ended 31 May 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of directors of MEDALLION (OXFORD) LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of MEDALLION (OXFORD) LIMITED and state those matters that we have agreed to state to the Board of directors of MEDALLION (OXFORD) LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MEDALLION (OXFORD) LIMITED and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that MEDALLION (OXFORD) LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MEDALLION (OXFORD) LIMITED. You consider that MEDALLION (OXFORD) LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of MEDALLION (OXFORD) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

27 May 2026

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MEDALLION (OXFORD) LIMITED

REGISTERED NUMBER: 13418400

BALANCE SHEET

AS AT 31 MAY 2025

		2025
Note		£

Fixed assets
Tangible assets	4		167,541
			167,541
Current assets
Debtors: amounts falling due within one year	5	3
Cash at bank and in hand	6	3,126
		3,129
Creditors: amounts falling due within one year	7	(6,887)
Net current liabilities			(3,758)
Total assets less current liabilities			163,783
Creditors: amounts falling due after more than one year	8		(165,000)

Net liabilities			(1,217)

Capital and reserves
Called up share capital			3
Profit and loss account			(1,220)
			(1,217)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 May 2026.

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MEDALLION (OXFORD) LIMITED

REGISTERED NUMBER: 13418400

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2025

Simran Pal Singh gill

Director

The notes on pages 4 to 7 form part of these financial statements.

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MEDALLION (OXFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Medallion (Oxford) Limited is a private company limited by shares which was incorporated in England and Wales.

2.Accounting policies

2.1

Basis of preparation of financial statements

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 Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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MEDALLION (OXFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

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.

2.6

Cash and cash equivalents

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.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	2025	2024
	No.	No.

Directors	2	2

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MEDALLION (OXFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

4.	Tangible fixed assets

		Freehold property
		£
	Cost or valuation
	At 1 June 2024	167,541
	At 31 May 2025	167,541

	Net book value
	At 31 May 2025	167,541
	At 31 May 2024	167,541

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Freehold	167,541	167,541
	167,541	167,541

Debtors

					2025	2024
					£	£


Called up share capital not paid	3	3
	3	3

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	3,126	3,660
	3,126	3,660

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MEDALLION (OXFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	4,814
Other creditors	5,687	7,401
Accruals and deferred income	1,200	-
	6,887	12,215

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	165,000	165,000
	165,000	165,000


Amounts falling due 1-2 years
Bank loans	165,000	165,000
	165,000	165,000


	165,000	165,000

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