Company Registration No. 08858124 (England and Wales)
GREAT OAKS COTTAGE LTD
Unaudited accounts
for the year ended 31 January 2024
GREAT OAKS COTTAGE LTD
Unaudited accounts
Contents
GREAT OAKS COTTAGE LTD
Company Information
for the year ended 31 January 2024
Company Number
08858124 (England and Wales)
Registered Office
16 NORTH COMMON ROAD
UXBRIDGE
UB8 1PD
ENGLAND
GREAT OAKS COTTAGE LTD
Statement of financial position
as at 31 January 2024
Investment property
1,267,911
1,267,911
Cash at bank and in hand
29
57
Creditors: amounts falling due within one year
(1,476,043)
(1,452,371)
Net current liabilities
(1,394,038)
(1,300,338)
Net liabilities
(126,127)
(32,427)
Called up share capital
100
100
Fair value reserve
136,804
136,804
Profit and loss account
(263,031)
(169,331)
Shareholders' funds
(126,127)
(32,427)
For the year ending 31 January 2024 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 16 October 2024 and were signed on its behalf by
Terry Daniel
Director
Company Registration No. 08858124
GREAT OAKS COTTAGE LTD
Notes to the Accounts
for the year ended 31 January 2024
GREAT OAKS COTTAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 08858124. The registered office is 16 NORTH COMMON ROAD, UXBRIDGE, UB8 1PD, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 February 2023
1,267,911
At 31 January 2024
1,267,911
In the opinion of the Directors', the valuation of the company's investment properties are not materially different from the amount stated in the financial statements.
Amounts falling due within one year
Other debtors
81,976
151,976
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,610
20,610
Other creditors
1,454,033
1,430,361
GREAT OAKS COTTAGE LTD
Notes to the Accounts
for the year ended 31 January 2024
7
Transactions with related parties
Included in debtors is an amount of £81,976 (2023: £81,976) owed by companies in which the director has an interest.
Included in creditors is an amount of £329,711 (2023: £314,918) owed to companies in which the director has an interest.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).