Oxford International Associates Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02236322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

OXFORD INTERNATIONAL ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Mistry

REGISTERED OFFICE:

4 The Pound

Cholsey

Wallingford

Oxfordshire

OX10 9NS

REGISTERED NUMBER:

02236322 (England and Wales)

ACCOUNTANTS:

David Mitchell & Co.

4 The Pound

Cholsey

Oxfordshire

OX10 9NS

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

745,081

710,912

745,081

710,912

CURRENT ASSETS

Cash at bank

14,110

12,851

CREDITORS

Amounts falling due within one year

6

(318,392

)

(315,619

)

NET CURRENT LIABILITIES

(304,282

)

(302,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

440,799

408,144

CAPITAL AND RESERVES

Called up share capital

12,501

12,501

Retained earnings

428,298

395,643

440,799

408,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2024 and were signed by:

P S Mistry - Director

1.	STATUTORY INFORMATION

Oxford International Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2022

and 31 July 2023

25,373

DEPRECIATION

At 1 August 2022

and 31 July 2023

25,373

NET BOOK VALUE

At 31 July 2023

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2022

710,912

Additions

34,169

At 31 July 2023

745,081

NET BOOK VALUE

At 31 July 2023

745,081

At 31 July 2022

710,912

Included in the total of Fixed Asset Investments is £1 which represents all of the share capital of Oxford International Finance Limited, The unaudited accounts for that company show capital and reserves of £38,604 at 28th February 2023. If investments held by that company were adjusted to reflect market value, as opposed to cost, the capital and reserves would be £218,039 at that date.

The remaining Fixed Asset Investments held by the company had a market value at 31st July 2023 of £483,796 (2022: £572,615).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.23

31.7.22

£

£

Trade creditors

-

1

Other creditors

318,392

315,618

318,392

315,619