Great Oakley Homes Ltd 11402354 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Development of building projects Digita Accounts Production Advanced 6.30.9574.0 true Mr Pankaj Meghji Shah Mr Timothy Simon Racher true 11402354 2023-07-01 2024-06-30 11402354 2024-06-30 11402354 bus:OrdinaryShareClass1 2024-06-30 11402354 core:RetainedEarningsAccumulatedLosses 2024-06-30 11402354 core:ShareCapital 2024-06-30 11402354 core:CurrentFinancialInstruments 2024-06-30 11402354 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 11402354 bus:FRS102 2023-07-01 2024-06-30 11402354 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11402354 bus:FullAccounts 2023-07-01 2024-06-30 11402354 bus:RegisteredOffice 2023-07-01 2024-06-30 11402354 bus:Director1 2023-07-01 2024-06-30 11402354 bus:Director2 2023-07-01 2024-06-30 11402354 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 11402354 bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 11402354 bus:Consolidated 2023-07-01 2024-06-30 11402354 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11402354 countries:EnglandWales 2023-07-01 2024-06-30 11402354 2022-07-01 2023-06-30 11402354 2023-06-30 11402354 bus:OrdinaryShareClass1 2023-06-30 11402354 core:RetainedEarningsAccumulatedLosses 2023-06-30 11402354 core:ShareCapital 2023-06-30 11402354 core:CurrentFinancialInstruments 2023-06-30 11402354 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11402354

Great Oakley Homes Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Great Oakley Homes Ltd

Profit and Loss Account for the Year Ended 30 June 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Great Oakley Homes Ltd

(Registration number: 11402354)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

1,708

1,275

Creditors: Amounts falling due within one year

4

(45,011)

(44,578)

Net liabilities

 

(43,303)

(43,303)

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

(43,403)

(43,403)

Shareholders' deficit

 

(43,303)

(43,303)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 11 September 2024 and signed on its behalf by:
 

.........................................
Mr Pankaj Meghji Shah
Director

 

Great Oakley Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42-46 Station Road
Edgware
Middlesex
HA8 7AB
England

These financial statements were authorised for issue by the Board on 11 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Great Oakley Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Cash and cash equivalents

2024
£

2023
£

Cash at bank

1,708

1,275

 

Great Oakley Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Creditors

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

21,802

32,802

Accruals

 

534

534

Directors current account

 

22,675

11,242

 

45,011

44,578

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Share issued of £1 each

100

100

100

100

       

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

21,802

32,802

7

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Great Oakley Homes Ltd

Detailed Profit and Loss Account for the Year Ended 30 June 2024

2024
£

2023
£

Turnover (analysed below)

-

-

Operating profit/(loss)

-

-

Profit/(loss) before tax

-

-