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REGISTERED NUMBER: 11806213 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Adler & Oak Limited

Adler & Oak Limited (Registered number: 11806213)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Adler & Oak Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: S P Williamson
K Williamson





REGISTERED OFFICE: Trenance
Capel Road
Bentley
Ipswich
Suffolk
IP9 2BL





REGISTERED NUMBER: 11806213 (England and Wales)





ACCOUNTANTS: JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Adler & Oak Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Adler & Oak Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Adler & Oak Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Adler & Oak Limited and state those matters that we have agreed to state to the Board of Directors of Adler & Oak Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Adler & Oak Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Adler & Oak Limited. You consider that Adler & Oak Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Adler & Oak Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR


29 January 2025

Adler & Oak Limited (Registered number: 11806213)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 230,000 197,264

CURRENT ASSETS
Debtors 5 2,548 2,616
Cash at bank 13,135 7,477
15,683 10,093
CREDITORS
Amounts falling due within one year 6 64,019 62,744
NET CURRENT LIABILITIES (48,336 ) (52,651 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,664

144,613

CREDITORS
Amounts falling due after more than one
year

7

(145,342

)

(145,342

)

PROVISIONS FOR LIABILITIES (6,220 ) -
NET ASSETS/(LIABILITIES) 30,102 (729 )

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 26,516 -
Retained earnings 3,584 (731 )
30,102 (729 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Adler & Oak Limited (Registered number: 11806213)

Balance Sheet - continued
31 May 2024


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 27 January 2025 and were signed on its behalf by:





S P Williamson - Director


Adler & Oak Limited (Registered number: 11806213)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Adler & Oak 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable for the period.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Adler & Oak Limited (Registered number: 11806213)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 197,264
Revaluations 32,736
At 31 May 2024 230,000
NET BOOK VALUE
At 31 May 2024 230,000
At 31 May 2023 197,264

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 32,736
Cost 197,264
230,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 2,548 2,616

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 1,012 314
Other creditors 63,007 62,430
64,019 62,744

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Other creditors 145,342 145,342

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans 145,342 145,342

Adler & Oak Limited (Registered number: 11806213)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Other loans 145,342 145,342

The amount disclosed as other loans is secured on the company's investment property.

9. RESERVES
Fair
value
reserve
£   
Transfer on revaluation of investment
property

26,516


At 31 May 2024 26,516

10. RELATED PARTY DISCLOSURES

During the year the company was provided with loans from its directors. The loans are interest-free and repayable on demand. At the balance sheet date, the total balance was in the sum of £61,998 (2023: £61,998).