Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312true2023-01-01falseHolding company2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12648474 2023-01-01 2023-12-31 12648474 2022-01-01 2022-12-31 12648474 2023-12-31 12648474 2022-12-31 12648474 c:Director2 2023-01-01 2023-12-31 12648474 d:CurrentFinancialInstruments 2023-12-31 12648474 d:CurrentFinancialInstruments 2022-12-31 12648474 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12648474 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12648474 d:ShareCapital 2023-12-31 12648474 d:ShareCapital 2022-12-31 12648474 d:RetainedEarningsAccumulatedLosses 2023-12-31 12648474 d:RetainedEarningsAccumulatedLosses 2022-12-31 12648474 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12648474 c:OrdinaryShareClass1 2023-12-31 12648474 c:OrdinaryShareClass1 2022-12-31 12648474 c:FRS102 2023-01-01 2023-12-31 12648474 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12648474 c:FullAccounts 2023-01-01 2023-12-31 12648474 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12648474 6 2023-01-01 2023-12-31 12648474 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12648474










THE OAKS LEISURE GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
THE OAKS LEISURE GROUP LIMITED
REGISTERED NUMBER:12648474

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
299
299

  
299
299

Current assets
  

Debtors: amounts falling due within one year
 6 
199
1,172

  
199
1,172

Creditors: amounts falling due within one year
 7 
-
(970)

Net current assets
  
 
 
199
 
 
202

Total assets less current liabilities
  
498
501

  

Net assets
  
498
501


Capital and reserves
  

Called up share capital 
 8 
198
198

Profit and loss account
  
300
303

  
498
501


Page 1

 
THE OAKS LEISURE GROUP LIMITED
REGISTERED NUMBER:12648474
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider 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 directors acknowledge their 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 comprehensive income 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 on 13 September 2024.




J E Williams
Director

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

Page 2

 
THE OAKS LEISURE GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Oaks Leisure Group Limited, 12648474, is a private company limited by shares, incorporated in England and Wales. The address of its registered office and principal place of business is Ffinnant, Trefeglwys, Caersws, Powys, SY17 5QY.
The Company's principal activity is a holding company.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
THE OAKS LEISURE GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, include expectations or future events that are believed to be reasonable under the circumstances. 
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimated nor assumptions that have a significant risk of causing a material adjustment to the harrying amounts of assets and liabilities within the next financial year.


4.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
THE OAKS LEISURE GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
299



At 31 December 2023
299





6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
199
1,172

199
1,172



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
303

Other creditors
-
1

Accruals and deferred income
-
666

-
970



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



198 (2022 - 198) Ordinary shares of £1.00 each
198
198


 
Page 5