Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29trueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.112023-03-01truefalse 09569562 2023-03-01 2024-02-29 09569562 2022-03-01 2023-02-28 09569562 2024-02-29 09569562 2023-02-28 09569562 c:Director1 2023-03-01 2024-02-29 09569562 d:CurrentFinancialInstruments 2024-02-29 09569562 d:CurrentFinancialInstruments 2023-02-28 09569562 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 09569562 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 09569562 d:ShareCapital 2024-02-29 09569562 d:ShareCapital 2023-02-28 09569562 d:RetainedEarningsAccumulatedLosses 2024-02-29 09569562 d:RetainedEarningsAccumulatedLosses 2023-02-28 09569562 c:FRS102 2023-03-01 2024-02-29 09569562 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09569562 c:FullAccounts 2023-03-01 2024-02-29 09569562 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09569562 6 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 09569562









PURLEY OAKS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
PURLEY OAKS LIMITED
REGISTERED NUMBER: 09569562

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
1,668,018
1,838,018

  
1,668,018
1,838,018

Creditors: amounts falling due within one year
 6 
(172,852)
(341,446)

Net current assets
  
 
 
1,495,166
 
 
1,496,572

Total assets less current liabilities
  
1,495,167
1,496,573

  

Net assets
  
1,495,167
1,496,573


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
1,495,166
1,496,572

  
1,495,167
1,496,573


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
Page 1

 
PURLEY OAKS LIMITED
REGISTERED NUMBER: 09569562
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2024.




C Style
Director

Page 2

 
PURLEY OAKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Purley Oaks Limited is a company incorporated in England and Wales. Its registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
PURLEY OAKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments








Unlisted investments

£



Cost or valuation


At 1 March 2023
1



At 29 February 2024
1





5.


Debtors

29 February
28 February
2024
2023
£
£


Amounts owed by group undertakings
1,505,703
1,675,703

Other debtors
162,315
162,315

1,668,018
1,838,018



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
1,406
-

Corporation tax
53,868
117,642

Other creditors
117,578
223,804

172,852
341,446



7.


Related party transactions

At 28 February 2022 the company was owed £1,505,703 (2023: £1,675,703) by its subsidiary company Trellick Limited.

Page 4

 
PURLEY OAKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Controlling party

The company is under the control of the director C Style. 

 
Page 5