IRIS Accounts Production v24.2.0.383 12229672 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122296722022-12-31122296722023-12-31122296722023-01-012023-12-31122296722021-12-31122296722022-01-012022-12-31122296722022-12-3112229672ns15:EnglandWales2023-01-012023-12-3112229672ns14:PoundSterling2023-01-012023-12-3112229672ns10:Director12023-01-012023-12-3112229672ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112229672ns10:SmallEntities2023-01-012023-12-3112229672ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112229672ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3112229672ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112229672ns10:FullAccounts2023-01-012023-12-3112229672ns10:OrdinaryShareClass12023-01-012023-12-3112229672ns10:Director22023-01-012023-12-3112229672ns10:Director32023-01-012023-12-3112229672ns10:RegisteredOffice2023-01-012023-12-3112229672ns5:CurrentFinancialInstruments2023-12-3112229672ns5:CurrentFinancialInstruments2022-12-3112229672ns5:ShareCapital2023-12-3112229672ns5:ShareCapital2022-12-3112229672ns5:RetainedEarningsAccumulatedLosses2023-12-3112229672ns5:RetainedEarningsAccumulatedLosses2022-12-3112229672ns5:CostValuation2022-12-3112229672ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 12229672 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED

OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED (REGISTERED NUMBER: 12229672)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Mr P J Harrison
Mr N J Bennett
Mr I Stacey





REGISTERED OFFICE: 4 Grovelands
Boundary Way
Hemel Hempstead
Hertfordshire
HP2 7TE





REGISTERED NUMBER: 12229672 (England and Wales)





ACCOUNTANTS: Kings Chartered Accountants
4 Grovelands
Boundary Way
Hemel Hempstead
Hertfordshire
HP2 7TE

OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED (REGISTERED NUMBER: 12229672)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 690,000 690,000

CREDITORS
Amounts falling due within one year 5 466,999 526,999
NET CURRENT LIABILITIES (466,999 ) (526,999 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,001

163,001

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 223,000 163,000
SHAREHOLDERS' FUNDS 223,001 163,001

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





Mr N J Bennett - Director


OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED (REGISTERED NUMBER: 12229672)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Oaklands Employee Ownership Trustees 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Oaklands Employee Ownership Trustees Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets,are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

OAKLANDS EMPLOYEE OWNERSHIP TRUSTEES
LIMITED (REGISTERED NUMBER: 12229672)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2023
and 31 December 2023 690,000
NET BOOK VALUE
At 31 December 2023 690,000
At 31 December 2022 690,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 466,999 526,999

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary £1 1 1