Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-02-01falseNo description of principal activity2true2true 09967050 2023-02-01 2024-01-31 09967050 2024-01-31 09967050 2022-02-01 2023-01-31 09967050 2023-01-31 09967050 c:Director1 2023-02-01 2024-01-31 09967050 c:RegisteredOffice 2023-02-01 2024-01-31 09967050 d:FreeholdInvestmentProperty 2024-01-31 09967050 d:FreeholdInvestmentProperty 2023-01-31 09967050 d:CurrentFinancialInstruments 2024-01-31 09967050 d:CurrentFinancialInstruments 2023-01-31 09967050 d:Non-currentFinancialInstruments 2024-01-31 09967050 d:Non-currentFinancialInstruments 2023-01-31 09967050 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09967050 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09967050 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09967050 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 09967050 d:ShareCapital 2024-01-31 09967050 d:ShareCapital 2023-01-31 09967050 d:RetainedEarningsAccumulatedLosses 2024-01-31 09967050 d:RetainedEarningsAccumulatedLosses 2023-01-31 09967050 c:FRS102 2023-02-01 2024-01-31 09967050 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09967050 c:FullAccounts 2023-02-01 2024-01-31 09967050 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 09967050







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


OAKAPPLE PROPERTY SERVICES LIMITED






































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OAKAPPLE PROPERTY SERVICES LIMITED
 


 
COMPANY INFORMATION


Director
J M Oldland 




Registered number
09967050



Registered office
c/o Menzies LLP
Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ





 


OAKAPPLE PROPERTY SERVICES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 


OAKAPPLE PROPERTY SERVICES LIMITED
REGISTERED NUMBER:09967050



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
855,000
855,000

  
855,000
855,000

Current assets
  

Cash at bank and in hand
  
82,434
78,662

  
82,434
78,662

Creditors: amounts falling due within one year
 5 
(8,200)
(4,440)

Net current assets
  
 
 
74,234
 
 
74,222

Total assets less current liabilities
  
929,234
929,222

Creditors: amounts falling due after more than one year
 6 
(969,875)
(953,195)

Provisions for liabilities
  

Deferred tax
  
(5,394)
(5,394)

  
 
 
(5,394)
 
 
(5,394)

Net liabilities
  
(46,035)
(29,367)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(46,135)
(29,467)

  
(46,035)
(29,367)


Page 1

 


OAKAPPLE PROPERTY SERVICES LIMITED
REGISTERED NUMBER:09967050


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
J M Oldland
Director

Date: 2 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


OAKAPPLE PROPERTY SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Oakapple Property Services Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company discloses its registered office on the company information page. The company has no principal place of business.
The Company's functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has a reasonable expectation that the company has adequate resources to continue operational existence for the foreseable future. The director is continuing to support and provide working capital to enable the company to continue as a going concern. The amount included in other creditors of £551,365 as due to director will not be repaid until the company has sufficient resources.

 
2.3

Revenue

Revenue relates to rental income and is recognised on a straight line basis over the term of the relevant lease. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
 
 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.


Page 3

 


OAKAPPLE PROPERTY SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and periodically by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
855,000



At 31 January 2024
855,000

The director has confirmed the valuation of the properties as at 31 January 2024.





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
990

Accruals and deferred income
8,200
3,450

8,200
4,440


Page 4

 


OAKAPPLE PROPERTY SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
418,510
418,510

Other creditors
551,365
534,685

969,875
953,195


Bank loans are secured by charges held against the investment properties owned by the company. 

7.


Transactions with director

At the period end an amount of £551,365 (2023: £534,685) was due to the director. No interest is being charged on this amount.
 
Page 5