REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
FOR |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
FOR |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Durrant Road |
Bournemouth |
Dorset |
BH2 6NE |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
The directors present their report with the financial statements of the company for the year ended 24 December 2023. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 25 December 2022 to the date of this report. |
Other changes in directors holding office are as follows: |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
INCOME STATEMENT |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ |
TURNOVER |
Administrative expenses |
(5,463 | ) | - |
Other operating income |
OPERATING (LOSS)/PROFIT and |
(LOSS)/PROFIT BEFORE TAXATION | ( |
) |
Tax on (loss)/profit | 5 | ( |
) |
(LOSS)/PROFIT FOR THE FINANCIAL YEAR |
( |
) |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
BALANCE SHEET |
24 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
Investments | 7 |
CURRENT ASSETS |
Debtors | 8 |
CREDITORS |
Amounts falling due within one year | 9 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Freehold reserve |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
BALANCE SHEET - continued |
24 DECEMBER 2023 |
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 were approved by the Board of Directors and authorised for issue on |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
1. | PROFIT AND LOSS ACCOUNT |
The company was dormant throughout the current year and previous year. The company is however responsible for the management of the property known as Oakleaves, 168 Sutherland Avenue, London for which it acts as trustee under the Landlord & Tenant Act. |
2. | STATUTORY INFORMATION |
The Oakleaves Association of Freeholders Limited is a |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
5. | TAXATION |
Analysis of the tax (credit)/charge |
The tax (credit)/charge on the loss for the year was as follows: |
2023 | 2022 |
£ | £ |
Current tax: |
UK corporation tax | ( |
) |
Tax on (loss)/profit | ( |
) |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
6. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 25 December 2022 |
and 24 December 2023 |
NET BOOK VALUE |
At 24 December 2023 |
At 24 December 2022 |
7. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 25 December 2022 |
and 24 December 2023 |
NET BOOK VALUE |
At 24 December 2023 |
At 24 December 2022 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Due from Service charge |
accounts |
Corporation tax |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Corporation tax |
Due to service charge account |
Accruals and deferred income |
THE OAKLEAVES ASSOCIATION OF |
FREEHOLDERS LIMITED (REGISTERED NUMBER: 02727095) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 24 DECEMBER 2023 |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
ordinary | £1 | 100 | 100 |