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Company Registration No. 07631882 (England and Wales)
Five Oaks Green Holdings Limited Unaudited accounts for the year ended 31 December 2023
Five Oaks Green Holdings Limited Unaudited accounts Contents
Page
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Five Oaks Green Holdings Limited Company Information for the year ended 31 December 2023
Director
Imran Din
Company Number
07631882 (England and Wales)
Registered Office
BEECHENHURST HOUSE 10 SERPENTINE ROAD BIRMINGHAM WEST MIDLANDS B29 7HU
Accountants
Mayfield 1st Floor, 5 Highgate Business Centre Highgate Road Birmingham B12 8EA
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Five Oaks Green Holdings Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,171 
2,648 
Tangible assets
281,550 
237,273 
Investment property
18,050,000 
16,633,000 
Investments
100 
100 
18,333,821 
16,873,021 
Current assets
Debtors
824,781 
16,341 
Cash at bank and in hand
233,712 
248 
1,058,493 
16,589 
Creditors: amounts falling due within one year
(237,354)
(771,091)
Net current assets/(liabilities)
821,139 
(754,502)
Total assets less current liabilities
19,154,960 
16,118,519 
Creditors: amounts falling due after more than one year
(12,135,667)
(9,302,814)
Provisions for liabilities
Deferred tax
(1,786,754)
(1,361,881)
Net assets
5,232,539 
5,453,824 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,232,538 
5,453,823 
Shareholders' funds
5,232,539 
5,453,824 
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 13 August 2024 and were signed on its behalf by
Imran Din Director Company Registration No. 07631882
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Five Oaks Green Holdings Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Five Oaks Green Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 07631882. The registered office is BEECHENHURST HOUSE, 10 SERPENTINE ROAD, BIRMINGHAM, WEST MIDLANDS, B29 7HU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced for the rent received during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing Balance Basis
Computer equipment
18% Reducing Balance Basis
Stock/Work In Progress
Stock figure included within accounts is Work-in-progress. It includes all direct expenditure related to the project.
Intangible fixed assets
Intangible fixed assets "Brand Name" will be amortized at 18% reducing balance basis.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
9,004 
At 31 December 2023
9,004 
Amortisation
At 1 January 2023
6,356 
Charge for the year
477 
At 31 December 2023
6,833 
Net book value
At 31 December 2023
2,171 
At 31 December 2022
2,648 
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Five Oaks Green Holdings Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
345,814 
43,946 
389,760 
Additions
104,646 
1,435 
106,081 
At 31 December 2023
450,460 
45,381 
495,841 
Depreciation
At 1 January 2023
130,398 
22,089 
152,487 
Charge for the year
57,611 
4,193 
61,804 
At 31 December 2023
188,009 
26,282 
214,291 
Net book value
At 31 December 2023
262,451 
19,099 
281,550 
At 31 December 2022
215,416 
21,857 
237,273 
6
Investment property
2023 
£ 
Fair value at 1 January 2023
16,633,000 
Additions
44,437 
Disposals
(410,000)
Net gain from fair value adjustments
1,782,563 
At 31 December 2023
18,050,000 
The Investment properties valuation has been prepared in accordance with RICS valuation professional standards January 2020 (revised November 2021).
7
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
100 
Valuation at 31 December 2023
100 
8
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,087 
- 
Amounts due from group undertakings etc.
812,694 
16,341 
824,781 
16,341 
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Five Oaks Green Holdings Limited Notes to the Accounts for the year ended 31 December 2023
9
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
183,427 
732,058 
Amounts owed to group undertakings and other participating interests
- 
22,888 
Taxes and social security
53,927 
14,986 
Other creditors
- 
1,159 
237,354 
771,091 
10
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,233,737 
8,617,775 
Other creditors
901,930 
685,039 
12,135,667 
9,302,814 
11
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
1,786,754 
1,361,881 
2023 
2022 
£ 
£ 
Provision at start of year
1,361,881 
1,118,772 
Credited to the profit and loss account
(20,768)
(978)
Charged to other comprehensive income
445,641 
244,087 
Provision at end of year
1,786,754 
1,361,881 
12
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
13
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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