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REGISTERED NUMBER: 11054884 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2024

FOR

OASTBROOK ESTATES LIMITED

OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


OASTBROOK ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2024







DIRECTORS: Mr N R Brewer
Mrs A R R Brewer





REGISTERED OFFICE: Park Farm Oast Junction Road
Bodiam
Robertsbridge
East Sussex
TN32 5XA





REGISTERED NUMBER: 11054884 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

STATEMENT OF FINANCIAL POSITION
30 MARCH 2024

30.3.24 30.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 744,762 777,596
744,762 777,596

CURRENT ASSETS
Stocks 6 823,922 690,713
Debtors 7 2,691 4,914
Cash at bank 37,439 19,417
864,052 715,044
CREDITORS
Amounts falling due within one year 8 1,401,677 1,382,832
NET CURRENT LIABILITIES (537,625 ) (667,788 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,137

109,808

CREDITORS
Amounts falling due after more than one
year

9

163,222

104,218
NET ASSETS 43,915 5,590

CAPITAL AND RESERVES
Called up share capital 10 200 200
Special reserve 11 465,000 399,000
Retained earnings (421,285 ) (393,610 )
SHAREHOLDERS' FUNDS 43,915 5,590

OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

STATEMENT OF FINANCIAL POSITION - continued
30 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





Mr N R Brewer - Director


OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024


1. STATUTORY INFORMATION

Oastbrook Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 31 March 2023
and 30 March 2024 8,983
Amortisation
At 31 March 2023
and 30 March 2024 8,983
Net book value
At 30 March 2024 -
At 30 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 31 March 2023 602,582 275,747 15,052 2,675 896,056
Additions 7,592 2,446 212 - 10,250
At 30 March 2024 610,174 278,193 15,264 2,675 906,306
Depreciation
At 31 March 2023 - 113,711 3,305 1,444 118,460
Charge for year - 40,798 1,785 501 43,084
At 30 March 2024 - 154,509 5,090 1,945 161,544
Net book value
At 30 March 2024 610,174 123,684 10,174 730 744,762
At 30 March 2023 602,582 162,036 11,747 1,231 777,596

6. STOCKS
30.3.24 30.3.23
£    £   
Stocks 358,922 291,713
Biological Assets 465,000 399,000
823,922 690,713

OASTBROOK ESTATES LIMITED (REGISTERED NUMBER: 11054884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Trade debtors 2,691 1,770
Other debtors - 3,144
2,691 4,914

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Bank loans and overdrafts 1 71
Trade creditors 30,039 17,022
Taxation and social security 3,113 115
Other creditors 1,368,524 1,365,624
1,401,677 1,382,832

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.24 30.3.23
£    £   
Bank loans 163,222 104,218

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.3.24 30.3.23
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200

11. RESERVES
Special
reserve
£   
At 31 March 2023 399,000
Special Reserve 66,000

At 30 March 2024 465,000