Oxandia Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 5767040

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		752		1,152
Investments	5		563		528

			1,315		1,680
CURRENT ASSETS
Debtors	6	213,219		276,349
Cash at bank and in hand		22		58

		213,241		276,407
Creditors: Amounts Falling Due Within One Year	7	(84,709 )		(91,844 )

NET CURRENT ASSETS (LIABILITIES)			128,532		184,563

TOTAL ASSETS LESS CURRENT LIABILITIES			129,847		186,243

Creditors: Amounts Falling Due After More Than One Year	8		(266 )		(3,467 )

NET ASSETS			129,581		182,776

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			129,481		182,676

SHAREHOLDERS' FUNDS			129,581		182,776

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Oxandia Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr J Normanton

Director

30 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Oxandia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 5767040 . The registered office is Orchard Lea, Horns Lane, Combe, Witney, Oxfordshire, OX29 8NH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33.33 % on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Oxandia Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 May 2024	5,160

As at 30 April 2025	5,160

Depreciation
As at 1 May 2024	4,008
Provided during the period	400

As at 30 April 2025	4,408

Net Book Value
As at 30 April 2025	752

As at 1 May 2024	1,152

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 May 2024	528
Additions	35

As at 30 April 2025	563

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	563

As at 1 May 2024	528

Details of investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Subsidiary undertakings

ArgantriX Limited - Ordinary £0.01 shares - 50.2% holding (2024: 50.2%)

EstryX Pharma Limited - Ordinary £0.01 shares - 50.0% holding (2024: 50.0%)

Nebuquine Limited - Ordindary £0.01 shares - 90.5% holding (2024: 57.0%)

IPgeniX Limited - Ordinary £1.00 shares - 76% holding (2024: 100.0%)

Associates

CholesteniX Limited - Ordinary £0.10 shares - 28.7% holding (2024: 28.7%)

GliaGenesis Limited - Ordinary £0.01 shres - 47.5% holding (2024: 47.5%)

The registered office address for all of the subsidiary undertakings and associates is Orchard Lea, Horns Lane, Combe, Witney, Oxfordshire, OX29 8NH and the principal activity is that of scientifc consultancy.

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Oxandia Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,431	25,213
Amounts owed by group undertakings	180,021	239,776
Other debtors	24,767	11,360

	213,219	276,349

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	77,464	79,855
Other creditors	2,550	3,287
Taxation and social security	4,695	8,702

	84,709	91,844

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	266	3,467

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Dr John Normanton	-	8,362	-	-	8,362

The above loan is interest free, unsecured and repayable on demand.

11. Related Party Transactions

At the balance sheet date the company was owed £180,021 (2024: £239,776) by related parties in which a participating interest is held. The amounts are repayable on demand and no interest is charged.

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