Acorah Software Products - Accounts Production 16.0.110 false true false 2 November 2022 30 September 2023 30 September 2023 14459533 Dr Amir Naghsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14459533 2022-11-01 14459533 2023-09-30 14459533 2022-11-02 2023-09-30 14459533 frs-core:Non-currentFinancialInstruments 2023-09-30 14459533 frs-core:ShareCapital 2023-09-30 14459533 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 14459533 frs-bus:PrivateLimitedCompanyLtd 2022-11-02 2023-09-30 14459533 frs-bus:FilletedAccounts 2022-11-02 2023-09-30 14459533 frs-bus:SmallEntities 2022-11-02 2023-09-30 14459533 frs-bus:AuditExempt-NoAccountantsReport 2022-11-02 2023-09-30 14459533 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-02 2023-09-30 14459533 frs-bus:Director1 2022-11-02 2023-09-30 14459533 frs-countries:EnglandWales 2022-11-02 2023-09-30
Registered number: 14459533
Oak Place Estate Ltd
Unaudited Financial Statements
For the Period 2 November 2022 to 30 September 2023
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14459533
30 September 2023
Notes £ £
FIXED ASSETS
Investment Properties 4 10,000,000
10,000,000
CURRENT ASSETS
Cash at bank and in hand 604
604
Creditors: Amounts Falling Due Within One Year 5 (1,500 )
NET CURRENT ASSETS (LIABILITIES) (896 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,999,104
Creditors: Amounts Falling Due After More Than One Year 6 (9,084,972 )
NET ASSETS 914,132
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 914,032
SHAREHOLDERS' FUNDS 914,132
Page 1
Page 2
For the period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Amir Naghsh
Director
25 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oak Place Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14459533 . The registered office is G-05 Davenport House, 16 Pepper Street, London, , E14 9RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
30 September 2023
£
Fair Value
As at 2 November 2022 -
Additions 8,980,968
Revaluations 1,019,032
As at 30 September 2023 10,000,000
5. Creditors: Amounts Falling Due Within One Year
30 September 2023
£
Other creditors 1,500
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
30 September 2023
£
Bank loans 7,150,000
Amounts owed to parent company 1,934,972
9,084,972
7. Share Capital
30 September 2023
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
Included in creditors falling due after more than one year is an amount of £1,934,972 owed to parent company. The loan is interest free.
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