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REGISTERED NUMBER: 10532189 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

OAKWAY HOLDINGS LIMITED

OAKWAY HOLDINGS LIMITED (REGISTERED NUMBER: 10532189)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


OAKWAY HOLDINGS LIMITED

Company Information
for the year ended 31 December 2023







Directors: Mr T D Bell
Mrs J B Bell
Ms J Carver
Mrs B J Holt





Registered office: 12 Gidea Close
Romford
Essex
RM2 5NP





Registered number: 10532189 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

OAKWAY HOLDINGS LIMITED (REGISTERED NUMBER: 10532189)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investments 4 6,402,257 5,174,851

Current assets
Debtors 5 569,899 1,219,227

Creditors
Amounts falling due within one year 6 163,321 229,993
Net current assets 406,578 989,234
Total assets less current liabilities 6,808,835 6,164,085

Capital and reserves
Called up share capital 7 2,920,900 2,920,900
Share premium 2,266,662 2,266,662
Retained earnings 1,621,273 976,523
Shareholders' funds 6,808,835 6,164,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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

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 4 September 2024 and were signed on its behalf by:





Mr T D Bell - Director


OAKWAY HOLDINGS LIMITED (REGISTERED NUMBER: 10532189)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

Oakway Holdings 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 as modified by the revaluation of certain assets.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments held as fixed assets are stated at fair value.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

OAKWAY HOLDINGS LIMITED (REGISTERED NUMBER: 10532189)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. Fixed asset investments
Listed
investments
£   
Cost or valuation
At 1 January 2023 5,174,851
Additions 1,446,036
Disposals (707,287 )
Revaluations 509,053
Impairments (20,396 )
At 31 December 2023 6,402,257
Net book value
At 31 December 2023 6,402,257
At 31 December 2022 5,174,851

Cost or valuation at 31 December 2023 is represented by:

Listed
investments
£   
Valuation in 2017 29,109
Valuation in 2018 (109,475 )
Valuation in 2019 29,901
Valuation in 2020 (152,257 )
Valuation in 2021 793,884
Valuation in 2022 (149,006 )
Valuation in 2023 509,053
Cost 5,451,048
6,402,257

5. Debtors
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 363,102 888,383

Amounts falling due after more than one year:
Other debtors 206,797 330,844

Aggregate amounts 569,899 1,219,227

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Taxation and social security 584 17,419
Other creditors 162,737 212,574
163,321 229,993

OAKWAY HOLDINGS LIMITED (REGISTERED NUMBER: 10532189)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
292,090 Ordinary A £1 292,090 292,090
292,090 Ordinary B £1 292,090 292,090
292,090 Ordinary C £1 292,090 292,090
292,090 Ordinary D £1 292,090 292,090
292,090 Ordinary E £1 292,090 292,090
292,090 Ordinary F £1 292,090 292,090
292,090 Ordinary G £1 292,090 292,090
292,090 Ordinary H £1 292,090 292,090
292,090 Ordinary I £1 292,090 292,090
292,090 Ordinary J £1 292,090 292,090
2,920,900 2,920,900

8. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mr T D Bell and Mrs J B Bell
Balance outstanding at start of year (209,325 ) (1,128,670 )
Amounts advanced 250,000 4,193,016
Amounts repaid (200,162 ) (3,273,671 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (159,487 ) (209,325 )