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REGISTERED NUMBER: 09995636 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 28 February 2023

for

GRAND OAK ESTATES LTD

GRAND OAK ESTATES LTD (REGISTERED NUMBER: 09995636)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

GRAND OAK ESTATES LTD

Company Information
for the year ended 28 February 2023







DIRECTORS: Miss R Di Piazza
Mrs H C Di Piazza
C Di Piazza





SECRETARY: Miss R Di Piazza





REGISTERED OFFICE: Springfield House
99/101 Crossbrook Street
Waltham Cross
Hertfordshire
EN8 8JR





REGISTERED NUMBER: 09995636 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR

GRAND OAK ESTATES LTD (REGISTERED NUMBER: 09995636)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,409 6,649
Investment property 5 860,773 860,773
866,182 867,422

CURRENT ASSETS
Cash at bank 97,171 165,118

CREDITORS
Amounts falling due within one year 6 832,632 928,151
NET CURRENT LIABILITIES (735,461 ) (763,033 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,721

104,389

RESERVES
Retained earnings 130,721 104,389
130,721 104,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GRAND OAK ESTATES LTD (REGISTERED NUMBER: 09995636)

Balance Sheet - continued
28 February 2023


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 Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:





C Di Piazza - Director


GRAND OAK ESTATES LTD (REGISTERED NUMBER: 09995636)

Notes to the Financial Statements
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Grand Oak Estates Ltd 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 - 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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).

GRAND OAK ESTATES LTD (REGISTERED NUMBER: 09995636)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 12,399
DEPRECIATION
At 1 March 2022 5,750
Charge for year 1,240
At 28 February 2023 6,990
NET BOOK VALUE
At 28 February 2023 5,409
At 28 February 2022 6,649

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 860,773
NET BOOK VALUE
At 28 February 2023 860,773
At 28 February 2022 860,773

The board of directors believe the investment property is correctly valued within the accounts. The directors believe there has been no material movement in the valuation of the property.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,468 15,700
Other creditors 826,164 912,451
832,632 928,151

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Grand Oak Estates Ltd

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 Grand Oak Estates Ltd for the year ended 28 February 2023 which comprise the Income Statement, 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 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 Board of Directors of Grand Oak Estates Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grand Oak Estates Ltd and state those matters that we have agreed to state to the Board of Directors of Grand Oak Estates Ltd, as a body, 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 Grand Oak Estates Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Grand Oak Estates Ltd 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 Grand Oak Estates Ltd. You consider that Grand Oak Estates Ltd 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 Grand Oak Estates Ltd. 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.






Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR


5 October 2023