OXFORD EQUITY DEVELOPMENTS LTD


Directors	N Boin
	M R Ferrraro


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	11425193 (England and Wales)

Statement of Financial Position
30 June 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Stocks	3	275,435		275,435
Debtors	4	73,010		-
Cash at bank and on hand		107,725		154,758
		456,170		430,193
Creditors amounts falling due within one year	5	(374,431)		(392,375)
Net current assets (liabilities)			81,739		37,818
Total assets less current liabilities			81,739		37,818
Creditors amounts falling due after one year	6		(28,658)		(37,234)
Net assets			53,081		584
Capital and reserves
Called up share capital			100		100
Profit and loss account			52,981		484
Shareholders' funds			53,081		584

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 July 2026, and are signed on its behalf by:

M R Ferrraro
Director
Registered Company No. 11425193

OXFORD EQUITY DEVELOPMENTS LTD

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Stocks

	2025	2024
	£	£
Work in progress	275,435	275,435
Total	275,435	275,435

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	64	-
Amounts owed by group undertakings	72,395	-
Other debtors	551	-
Total	73,010	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,097	180
Bank borrowings and overdrafts	296,990	295,731
Amounts owed to related parties	1,320	14,665
Taxation and social security	64,210	78,665
Other creditors	2,371	217
Accrued liabilities and deferred income	7,443	2,917
Total	374,431	392,375

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	28,658	37,234
Total	28,658	37,234

7.	Related party transactions
	As at the balance sheet date, included in creditor due within one year is £2,371 (2024: £217), due and payable to the director.