REHOBOTH OAKLEY PLACE LTD

Company Registration Number:
13490158 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 August 2022

End date: 31 December 2023

REHOBOTH OAKLEY PLACE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

REHOBOTH OAKLEY PLACE LTD

Company Information

for the Period Ended 31 December 2023




Director: Sanmi Adegoke
Registered office: The Hill Hub
1a Highfield Road
Dartford
England
DA1 2JH
Company Registration Number: 13490158 (England and Wales)

REHOBOTH OAKLEY PLACE LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes
17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Turnover 0 0
Cost of sales ( 450 ) ( 0 )
Gross Profit or (Loss) ( 450 ) 0
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses 22,988 ( 13,224 )
Operating Profit or (Loss) 22,538 ( 13,224 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 609,916 ) ( 129,375 )
Profit or (Loss) Before Tax ( 587,378 ) ( 142,599 )
Profit or (Loss) for Period ( 587,378 ) ( 142,599 )

The notes form part of these financial statements

REHOBOTH OAKLEY PLACE LTD

Balance sheet

As at 31 December 2023


Notes
17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Fixed assets
Tangible assets: 4 5,500,000 3,149,999
Total fixed assets: 5,500,000 3,149,999
Current assets
Stocks: 0 0
Debtors: 5 615,837 0
Cash at bank and in hand: 0 0
Total current assets: 615,837 0
Creditors: amounts falling due within one year: 6 ( 305,813 ) ( 412,038 )
Net current assets (liabilities): 310,024 ( 412,038 )
Total assets less current liabilities: 5,810,024 2,737,961
Creditors: amounts falling due after more than one year: 7 ( 2,339,900 ) ( 1,150,000 )
Total net assets (liabilities): 3,470,124 1,587,961

The notes form part of these financial statements

REHOBOTH OAKLEY PLACE LTD

Balance sheet continued

As at 31 December 2023


Notes
17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 8 4,200,000 1,730,460
Profit and loss account: ( 729,976 ) ( 142,599 )
Shareholders funds: 3,470,124 1,587,961

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 31 January 2025
And Signed On Behalf Of The Board By:

Name: Sanmi Adegoke
Status: Director

The notes form part of these financial statements

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    17 months to
    31 Dec 2023
    13 months to
    31 Jul 2022
    Average number of employees during the period 0 1

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 August 2022 3,149,999 3,149,999
Additions - -
Disposals ( 1,849,999 ) ( 1,849,999 )
Revaluations 4,200,000 4,200,000
Transfers - -
At 31 December 2023 5,500,000 5,500,000
Depreciation
At 01 August 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2023 - -
Net book value
At 31 December 2023 5,500,000 5,500,000
At 31 July 2022 3,149,999 3,149,999

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 615,837 0
Total 615,837 0
Debtors due after more than one year: 615,837

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note

17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Trade creditors 305,813 340
Other creditors 411,698
Total 305,813 412,038

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year

17 months to
31 Dec 2023
£
13 months to
31 Jul 2022
£
Bank loans and overdrafts 2,200,000 1,150,000
Other creditors 139,900
Total 2,339,900 1,150,000

REHOBOTH OAKLEY PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve

17 months to
31 Dec 2023
£
Balance at 01 August 2022 1,730,460
Surplus or deficit after revaluation 2,469,540
Balance at 31 December 2023 4,200,000