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REGISTERED NUMBER: 04845268 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

OAK DEVELOPMENTS (N.W.) LIMITED

OAK DEVELOPMENTS (N.W.) LIMITED (REGISTERED NUMBER: 04845268)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

OAK DEVELOPMENTS (N.W.) LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTOR: R C Wild





SECRETARY: Mrs K L Wild





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Wirral
CH62 4UE





REGISTERED NUMBER: 04845268 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

OAK DEVELOPMENTS (N.W.) LIMITED (REGISTERED NUMBER: 04845268)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23 30
Investment property 5 1,023,982 1,023,982
1,024,005 1,024,012

CURRENT ASSETS
Debtors 6 43 43
Cash at bank 25 578
68 621
CREDITORS
Amounts falling due within one year 7 19,004 16,611
NET CURRENT LIABILITIES (18,936 ) (15,990 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,005,069 1,008,022

CREDITORS
Amounts falling due after more than one year 8 828,437 834,471
NET ASSETS 176,632 173,551

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 176,532 173,451
SHAREHOLDERS' FUNDS 176,632 173,551

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 23 April 2024 and were signed by:





R C Wild - Director


OAK DEVELOPMENTS (N.W.) LIMITED (REGISTERED NUMBER: 04845268)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

OAK DEVELOPMENTS (N.W.) 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 and 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 8,572
DEPRECIATION
At 1 August 2022 8,542
Charge for year 7
At 31 July 2023 8,549
NET BOOK VALUE
At 31 July 2023 23
At 31 July 2022 30

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 1,023,982
NET BOOK VALUE
At 31 July 2023 1,023,982
At 31 July 2022 1,023,982

The director confirms that in his opinion the market value of the investment properties shown in the accounts at the balance sheet are equal to the cost being £1,023,982 (2022 £1,023,982).

OAK DEVELOPMENTS (N.W.) LIMITED (REGISTERED NUMBER: 04845268)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 43 43

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 2,309 2,309
Trade creditors 1,885 1,885
Other creditors 14,810 12,417
19,004 16,611

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 807,899 810,267
Other creditors 20,538 24,204
828,437 834,471

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 800,565 800,565

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 810,208 812,576

The bank loans are secured by first legal mortgages over the company's properties.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
50 Ordinary Shares £1 50 50
25 Ordinary B Shares £1 25 25
25 Ordinary C Shares £1 25 25
100 100

OAK DEVELOPMENTS (N.W.) LIMITED (REGISTERED NUMBER: 04845268)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

11. RESERVES
Retained
earnings
£   

At 1 August 2022 173,451
Profit for the year 3,081
At 31 July 2023 176,532

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £20,538 (2022 £24,204) relating to the directors loan account of Mr R Wild.

13. ULTIMATE CONTROLLING PARTY

Mr R Wild and Mrs K Wild are the controlling parties at the balance sheet date. They each owned 50% of the issued share capital.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
OAK DEVELOPMENTS (N.W.) 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 Balance Sheet. 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 OAK DEVELOPMENTS (N.W.) LIMITED for the year ended 31 July 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 director of OAK DEVELOPMENTS (N.W.) LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of OAK DEVELOPMENTS (N.W.) LIMITED and state those matters that we have agreed to state to the director of OAK DEVELOPMENTS (N.W.) 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 OAK DEVELOPMENTS (N.W.) LIMITED and its director for our work or for this report.

It is your duty to ensure that OAK DEVELOPMENTS (N.W.) 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 OAK DEVELOPMENTS (N.W.) LIMITED. You consider that OAK DEVELOPMENTS (N.W.) 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 OAK DEVELOPMENTS (N.W.) 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.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


23 April 2024