Company Registration No. 12348510 (England and Wales)
Oath Property LTD
Unaudited accounts
for the year ended 31 December 2023
Oath Property LTD
Unaudited accounts
Contents
Oath Property LTD
Company Information
for the year ended 31 December 2023
Company Number
12348510 (England and Wales)
Registered Office
6 Friar Walk
Brighton
BN1 6NJ
ENGLAND
Accountants
Richard Matthew Accountancy Ltd
Milner
Cowfold Road
Coolham
West Sussex
RH13 8QJ
Oath Property LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
9,074
5,832
Creditors: amounts falling due within one year
(2,290)
(1,229)
Net current assets
6,784
4,603
Called up share capital
100
100
Profit and loss account
7,601
6,497
Shareholders' funds
7,701
6,597
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2024 and were signed on its behalf by
N M Trinder
Director
Company Registration No. 12348510
Oath Property LTD
Notes to the Accounts
for the year ended 31 December 2023
Oath Property LTD is a private company, limited by shares, registered in England and Wales, registration number 12348510. The registered office is 6 Friar Walk, Brighton, BN1 6NJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
1/3rd straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
1,900
360
4,765
7,025
At 31 December 2023
1,900
360
4,765
7,025
At 1 January 2023
831
208
3,992
5,031
Charge for the year
267
37
773
1,077
At 31 December 2023
1,098
245
4,765
6,108
At 31 December 2023
802
115
-
917
At 31 December 2022
1,069
152
773
1,994
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
741
-
Loans from directors
949
629
Oath Property LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).