Oxford Investment Trust Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00098054 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

OXFORD INVESTMENT TRUST LIMITED

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

A V Stirling

SECRETARY:

K A Clark

REGISTERED OFFICE:

162 Main road

Danbury

Chelmsford

London

CM3 4DT

REGISTERED NUMBER:

00098054 (England and Wales)

ACCOUNTANTS:

Kings Mill Partnership

75 Park Lane

Croydon

Surrey

CR9 1XS

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

accounts of Oxford Investment Trust Limited (Company number: 00098054) for the year ended 31st December 2014

which comprise the Profit and Loss Account, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at www.icaew.com/membershandbook.

This report is made solely to the Board of Directors of Oxford Investment Trust Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the accounts of Oxford

Investment Trust Limited and state those matters that we have agreed to state to them in accordance with AAF 2/10 as

detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than Oxford Investment Trust Limited and its Board of Directors, as a body, for our work

or for this report.

It is your duty to ensure that Oxford Investment Trust Limited has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit/loss of Oxford

Investment Trust Limited. You consider that Oxford Investment Trust Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Oxford Investment Trust 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 accounts.

Kings Mill Partnership

75 Park Lane

Croydon

Surrey

CR9 1XS

28 September 2015

FIXED ASSETS

Investments

2

39,671

37,743

CURRENT ASSETS

Debtors

643,995

644,014

Cash at bank

2,408

2,401

646,403

646,415

CREDITORS

Amounts falling due within one year

6,741

6,428

NET CURRENT ASSETS

639,662

639,987

TOTAL ASSETS LESS CURRENT LIABILITIES

679,333

677,730

CAPITAL AND RESERVES

Called up share capital

3

434,401

434,401

Profit and loss account

244,932

243,329

SHAREHOLDERS' FUNDS

679,333

677,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 September 2015 and were signed by:

A V Stirling - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Deferred tax

Deferred tax is provided using the liability method in respect of all material timing differences that have

originated but not reversed by the balance sheet date. Deferred tax assets are recognised where it is considered

more likely than not that future profits will be available for offset. The company has not adopted a policy of

discounting deferred tax assets and liabilities.

Preparation of consolidated financial statements

The financial statements contain information about Oxford Investment Trust Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken the option

under section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Investments

Investment held in group undertakings are stated at cost less provision for any permanent diminution in value.

Shares held as dealing assets are stated at the lower of cost and net realisable value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

38,085

Additions

1,586

Reversal of impairments

342

At 31 December 2014

40,013

PROVISIONS

At 1 January 2014

and 31 December 2014

342

NET BOOK VALUE

At 31 December 2014

39,671

At 31 December 2013

37,743

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Exchange Services Limited

Nature of business: Share dealing

%

Class of shares:

holding

Ordinary Shares

100.00

2014

2013

£

£

Aggregate capital and reserves

(500,418

)

(515,117

)

Profit/(loss) for the year

14,699

(36,041

)

Friars Management Services Limited

Nature of business: Management services

%

Class of shares:

holding

Ordinary Shares

100.00

2014

2013

£

£

Aggregate capital and reserves

821,964

895,634

Loss for the year

(73,670

)

(95,963

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,737,605

Ordinary Shares

25p

434,401

434,401