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REGISTERED NUMBER: 00480186 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

OAKHILL PROPERTIES (LEICESTER) LIMITED

OAKHILL PROPERTIES (LEICESTER) LIMITED (REGISTERED NUMBER: 00480186)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKHILL PROPERTIES (LEICESTER) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Ms C Salisbury
Miss E C G Salisbury
K W N Salisbury





SECRETARY: Ms C Salisbury





REGISTERED OFFICE: 21 Buriton Road
Winchester
Hampshire
SO22 6JE





REGISTERED NUMBER: 00480186 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

OAKHILL PROPERTIES (LEICESTER) LIMITED (REGISTERED NUMBER: 00480186)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,338,116 1,338,116

CURRENT ASSETS
Debtors 5 1,461 1,416
Cash at bank 250,150 246,715
251,611 248,131
CREDITORS
Amounts falling due within one year 6 28,348 9,533
NET CURRENT ASSETS 223,263 238,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,561,379

1,576,714

CAPITAL AND RESERVES
Called up share capital 8,257 8,257
Capital redemption reserve 1,010 1,010
Retained earnings 1,552,112 1,567,447
SHAREHOLDERS' FUNDS 1,561,379 1,576,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

OAKHILL PROPERTIES (LEICESTER) LIMITED (REGISTERED NUMBER: 00480186)

BALANCE SHEET - continued
31ST MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st August 2024 and were signed on its behalf by:





Ms C Salisbury - Director


OAKHILL PROPERTIES (LEICESTER) LIMITED (REGISTERED NUMBER: 00480186)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Oakhill Properties (Leicester) 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.

The financial statements are presented in Sterling (£).

Turnover
Turnover relates to rental income from investment properties and is recognised on a straight line basis over the period of the lease. Where lease incentives are given they are recognised over the lease term on a straight line basis.

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023
and 31st March 2024 1,338,116
NET BOOK VALUE
At 31st March 2024 1,338,116
At 31st March 2023 1,338,116

OAKHILL PROPERTIES (LEICESTER) LIMITED (REGISTERED NUMBER: 00480186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,461 1,416

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 464
Taxation and social security 4,500 2,940
Other creditors 23,848 6,129
28,348 9,533