Oxford Investment Trust Limited - Accounts to registrar (filleted) - small 18.2
Oxford Investment Trust Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017 |
| FOR |
| OXFORD INVESTMENT TRUST LIMITED |
| OXFORD INVESTMENT TRUST LIMITED (REGISTERED NUMBER: 00098054) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Statement of Financial Position | 3 |
| Notes to the Financial Statements | 4 |
| OXFORD INVESTMENT TRUST LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 75 Park Lane |
| Croydon |
| Surrey |
| CR9 1XS |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| OXFORD INVESTMENT TRUST LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary |
| statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Oxford Investment Trust Limited for the year ended 31 December 2017 which comprise the |
| Income Statement, Statement of Financial Position, Statement of Changes in Equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Oxford Investment Trust Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oxford Investment Trust Limited and state those matters that we have agreed to state to the director of Oxford Investment Trust Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oxford Investment Trust Limited and its director 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 financial statements that give a true and fair view of the assets, liabilities, financial position and profit 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 financial statements 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 financial statements. |
| 75 Park Lane |
| Croydon |
| Surrey |
| CR9 1XS |
| OXFORD INVESTMENT TRUST LIMITED (REGISTERED NUMBER: 00098054) |
| STATEMENT OF FINANCIAL POSITION |
| 31 DECEMBER 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 on |
| OXFORD INVESTMENT TRUST LIMITED (REGISTERED NUMBER: 00098054) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| 1. | STATUTORY INFORMATION |
| Oxford Investment Trust Limited is a |
| 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 |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland', 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. |
| Valuation of investments |
| Investments in shares are included at fair value. Investments in shares whose fair value cannot be reliably |
| measured are carried at cost less impairment. |
| Investments in subsidiaries are measured at cost less accumulated impairment. The cost of the investment in a |
| subsidiary undertaking is measured at the nominal value of the shares issued together with the fair value of any |
| additional consideration paid. |
| 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. |
| 3. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Listed |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2017 | 17,048 |
| Revaluations | 5,611 |
| At 31 December 2017 | 22,659 |
| NET BOOK VALUE |
| At 31 December 2017 | 22,659 |
| At 31 December 2016 | 17,048 |
| OXFORD INVESTMENT TRUST LIMITED (REGISTERED NUMBER: 00098054) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| Cost or valuation at 31 December 2017 is represented by: |
| Shares in |
| group | Listed |
| undertakings | investments | Totals |
| £ | £ | £ |
| Valuation in 2017 | 100 | 22,559 | 22,659 |
| The company's investments at the Statement of Financial Position date in the share capital of companies include |
| the following: |
| Registered office: England |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves |
| Profit/(loss) for the year | ( |
) |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Directors' current accounts | 6,774 | 6,774 |
| Accrued expenses |