OXFORD CITY HOUSING LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. The Company's ultimate controlling party is Oxford City Council and is a key component in the Council's strategy to provide socially rented housing to the Oxford area. Budgets and forecasts are monitored constantly and approved by the Board. Having regard to the Company's existing working capital position and its ability to raise financing, if required with the support of Oxford City Council, the Directors are of the opinion that the Company has adequate resources to enable it to undertake its planned activities over the next twelve months from the date of sign off of these financial statements.”

Group structure

1. OXFORD CITY HOUSING LIMITED · parent
   1. Oxford City Housing (Investment) Limited
   2. Oxford City Housing (Development) Limited

Significant events

• “The purchase and management of all the affordable rented homes at Barton Park (originally 354 homes in total to be built). This activity was discontinued mid-way through the financial year with the sale of these dwellings to Oxford City Council's Housing Revenue Account: To increase the supply of new affordable housing and open market sale housing across var-ious sites in Oxford and the surrounding districts with a range of tenures: To deliver on the Council's accelerated carbon reduction agenda moving towards zero car-bon as a developer (regulated energy) by 2030: To make a financial return to the council. To mitigate the prevailing performance of the group's landlord activities the OCH(I)L's stock port-folio was sold to Oxford City Council's Housing Revenue Account in November 2024. This al-lowed this entity to extinguish its cumulative losses, repay all its debt and creditor liabilities and retain a £3.2m retained earnings balance at the end of the accounting period for the Board to de-termine its future use.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +75.3%

  £11,530,917 → £20,216,845

• Cash

  -54.6%

  £14,684,681 → £6,659,840

• Net assets

  -30.1%

  £8,264,861 → £5,775,860

• Employees

  —

  Not reported

• Operating profit

  -58.4%

  £3,526,579 → £1,465,886

• Profit before tax

  -62.9%

  £2,604,534 → £967,549

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers