OXFORD STREET CAPITAL LIMITED

OXFORD STREET CAPITAL LIMITED

OXFORD STREET CAPITAL LIMITED - Company Information

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OXFORD STREET CAPITAL LIMITED

Company Registration Number:
08180781 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2020

Period of accounts

Start date: 01 September 2019

End date: 31 August 2020

OXFORD STREET CAPITAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2020

Balance sheet
Notes

OXFORD STREET CAPITAL LIMITED

Balance sheet

As at 31 August 2020


Notes
2020
2019


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 99,476,000 98,122,569
Investments: 4 17,480,894 11,315,476
Total fixed assets: 116,956,894 109,438,045
Current assets
Debtors:   10,815,924 7,816,725
Cash at bank and in hand: 14,921,416 18,144,860
Total current assets: 25,737,340 25,961,585
Creditors: amounts falling due within one year:   (23,752,641) (23,062,480)
Net current assets (liabilities): 1,984,699 2,899,105
Total assets less current liabilities: 118,941,593 112,337,150
Creditors: amounts falling due after more than one year:   (46,591,394) (45,074,358)
Provision for liabilities: (1,330,961) (1,664,034)
Total net assets (liabilities): 71,019,238 65,598,758
Capital and reserves
Called up share capital: 20 20
Revaluation reserve:534,980,61637,865,208
Profit and loss account: 36,038,602 27,733,530
Shareholders funds: 71,019,238 65,598,758

The notes form part of these financial statements

OXFORD STREET CAPITAL LIMITED

Balance sheet statements

For the year ending 31 August 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 27 May 2021
and signed on behalf of the board by:

Name: D A Creighton
Status: Director

The notes form part of these financial statements

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

2. Employees

2020 2019
Average number of employees during the period 0 0

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

3. Tangible Assets

Total
Cost £
At 01 September 2019 98,122,569
Additions 3,885,060
Revaluations (2,531,629)
At 31 August 2020 99,476,000
Depreciation
At 01 September 2019 0
At 31 August 2020 0
Net book value
At 31 August 2020 99,476,000
At 31 August 2019 98,122,569

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

4. Fixed investments

Directors' valuation of investment property fair value at March 2020 has subsequently been confirmed by a valuation by an external, independent valuer, CBRE, having an appropriate recognised professional qualification (Royal Institution of Chartered Surveyors) and recent experience in the location and class of properties being valued. Any gain or loss arising from a change in fair value is recognised in profit or loss.

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

5. Revaluation reserve

2020
£
Balance at 01 September 2019 37,865,208
Surplus or deficit after revaluation (2,884,592)
Balance at 31 August 2020 34,980,616

OXFORD STREET CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

6. Related party transactions

Name of the related party: Oxford Street Capital Holdings Ltd
Relationship:
Common ownership
Description of the Transaction: Capital funding and treasury management
£
Balance at 01 September 2019 5,221,064
Balance at 31 August 2020 17,414,772
Name of the related party: Portfolio Property Management Ltd
Relationship:
Common ownership
Description of the Transaction: Treasury management
£
Balance at 01 September 2019 0
Balance at 31 August 2020 1,569,444
Name of the related party: Kemark (No 2) Ltd
Relationship:
Common director
Description of the Transaction: Capital funding
£
Balance at 01 September 2019 0
Balance at 31 August 2020 838,595
Name of the related party: Lynton Ltd
Relationship:
Common director
Description of the Transaction: Capital funding
£
Balance at 01 September 2019 0
Balance at 31 August 2020 9,745,936
Name of the related party: Kentwood Ltd
Relationship:
Common directors
Description of the Transaction: Treasury management
£
Balance at 01 September 2019 0
Balance at 31 August 2020 3,171,670
Name of the related party: Gatebeck Developments Ltd
Relationship:
Common directors
Description of the Transaction: Treasury management
£
Balance at 01 September 2019 0
Balance at 31 August 2020 195,214