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REGISTERED NUMBER: 10842375 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 June 2024

for

Oakamoor Forest Lodges Ltd

Oakamoor Forest Lodges Ltd (Registered number: 10842375)






Contents of the Financial Statements
for the Year Ended 28 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Oakamoor Forest Lodges Ltd (Registered number: 10842375)

Balance Sheet
28 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 553,420 525,000

CURRENT ASSETS
Debtors 5 1,070 2,232
Cash at bank 15,321 32,310
16,391 34,542
CREDITORS
Amounts falling due within one year 6 27,393 129,172
NET CURRENT LIABILITIES (11,002 ) (94,630 )
TOTAL ASSETS LESS CURRENT LIABILITIES 542,418 430,370

CREDITORS
Amounts falling due after more than one year 7 (200,676 ) (116,848 )

PROVISIONS FOR LIABILITIES (65,947 ) -
NET ASSETS 275,795 313,522

CAPITAL AND RESERVES
Called up share capital 14 14
Revaluation reserve 9 181,840 242,387
Retained earnings 93,941 71,121
SHAREHOLDERS' FUNDS 275,795 313,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mr D A Karling - Director


Oakamoor Forest Lodges Ltd (Registered number: 10842375)

Notes to the Financial Statements
for the Year Ended 28 June 2024

1. STATUTORY INFORMATION

Oakamoor Forest Lodges Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10842375

Registered office: Little Ranger
Dimmingsdale
Oakamoor
Staffs
ST10 3AS

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue is recognised as the company becomes entitled to consideration for the services supplied.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 8 (2023 - 8 ) .

Oakamoor Forest Lodges Ltd (Registered number: 10842375)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 29 June 2023 525,000 - 525,000
Additions - 33,435 33,435
At 28 June 2024 525,000 33,435 558,435
DEPRECIATION
Charge for year - 5,015 5,015
At 28 June 2024 - 5,015 5,015
NET BOOK VALUE
At 28 June 2024 525,000 28,420 553,420
At 28 June 2023 525,000 - 525,000

The Little Ranger was revalued by a RICS surveyor in June 2023 at a valuation of £525,000 and the balance sheet value is broken down as
cost £282,613
revaluation £242,387
Furthermore, in the opinion of the company's directors there has been no significant change to this value up to 28 June 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,070 2,232

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,637 13,810
Trade creditors 5,040 1,440
Taxation and social security 336 9,261
Other creditors 6,380 104,661
27,393 129,172

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 102,070 116,848
Other creditors 98,606 -
200,676 116,848

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 57,354 63,278

Oakamoor Forest Lodges Ltd (Registered number: 10842375)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 117,707 130,658

Charges dated 09/02/2018 and 26/02/2018 exist between the company and National Westminster bank plc by way of fixed and floating charges over the property.

9. RESERVES
Revaluation
reserve
£   
At 29 June 2023 242,387
Deferred Tax (60,547 )

At 28 June 2024 181,840