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REGISTERED NUMBER: 12501536 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

OAK LAND & PROPERTY LTD

OAK LAND & PROPERTY LTD (REGISTERED NUMBER: 12501536)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAK LAND & PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Miss P J Healy





REGISTERED OFFICE: Unit 4 Green Lane Business Park,
238 Green Lane,
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 12501536 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

OAK LAND & PROPERTY LTD (REGISTERED NUMBER: 12501536)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,650 8,925
Tangible assets 5 23,250 31,001
30,900 39,926

CURRENT ASSETS
Stocks 225 150
Debtors 6 24,339 37,098
Cash at bank 57,992 36,756
82,556 74,004
CREDITORS
Amounts falling due within one year 7 40,162 50,519
NET CURRENT ASSETS 42,394 23,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,294

63,411

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 73,293 63,410
SHAREHOLDERS' FUNDS 73,294 63,411

OAK LAND & PROPERTY LTD (REGISTERED NUMBER: 12501536)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





Miss P J Healy - Director


OAK LAND & PROPERTY LTD (REGISTERED NUMBER: 12501536)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Oak Land & Property Ltd 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.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 12,750
AMORTISATION
At 1 April 2023 3,825
Charge for year 1,275
At 31 March 2024 5,100
NET BOOK VALUE
At 31 March 2024 7,650
At 31 March 2023 8,925

OAK LAND & PROPERTY LTD (REGISTERED NUMBER: 12501536)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 55,821
DEPRECIATION
At 1 April 2023 24,820
Charge for year 7,751
At 31 March 2024 32,571
NET BOOK VALUE
At 31 March 2024 23,250
At 31 March 2023 31,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,155 14,594
Other debtors 22,184 22,504
24,339 37,098

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5 186
Taxation and social security 4,657 5,421
Other creditors 35,500 44,912
40,162 50,519