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REGISTERED NUMBER: 05852723 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30th June 2024

for

Oaklands Estates Ltd

Oaklands Estates Ltd (Registered number: 05852723)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company information 1

Abridged balance sheet 2

Notes to the financial statements 4


Oaklands Estates Ltd

Company Information
for the Year Ended 30th June 2024







Directors: H S Kaur
J Sains





Registered office: 964 Eastern Avenue
Ilford
Essex
IG2 7JD





Registered number: 05852723 (England and Wales)





Accountants: Cooper Paul
Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX

Oaklands Estates Ltd (Registered number: 05852723)

Abridged Balance Sheet
30th June 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 10,152 12,561
Investments 5 380,578 380,578
390,730 393,139

Current assets
Debtors 86,529 75,487
Cash at bank and in hand 49,823 35,821
136,352 111,308
Creditors
Amounts falling due within one year (71,698 ) (78,568 )
Net current assets 64,654 32,740
Total assets less current liabilities 455,384 425,879

Creditors
Amounts falling due after more than one
year

(226,658

)

(252,237

)

Provisions for liabilities (2,538 ) (3,140 )
Net assets 226,188 170,502

Capital and reserves
Called up share capital 100 2
Retained earnings 226,088 170,500
Shareholders' funds 226,188 170,502

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

Oaklands Estates Ltd (Registered number: 05852723)

Abridged Balance Sheet - continued
30th June 2024


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

All the members have consented to the preparation of an abridged Statement of income and retained earnings and an abridged Balance sheet for the year ended 30th June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th May 2025 and were signed on its behalf by:





H S Kaur - Director


Oaklands Estates Ltd (Registered number: 05852723)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. Statutory information

Oaklands Estates Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Oaklands Estates Ltd (Registered number: 05852723)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st July 2023 17,982
Additions 129
At 30th June 2024 18,111
Depreciation
At 1st July 2023 5,421
Charge for year 2,538
At 30th June 2024 7,959
Net book value
At 30th June 2024 10,152
At 30th June 2023 12,561

5. Fixed asset investments

Information on investments other than loans is as follows:
Totals
£   
Cost
At 1st July 2023
and 30th June 2024 380,578
Net book value
At 30th June 2024 380,578
At 30th June 2023 380,578

Oaklands Estates Ltd (Registered number: 05852723)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

6. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30th June 2024 and 30th June 2023:

2024 2023
£    £   
H S Kaur
Balance outstanding at start of year 31,468 -
Amounts advanced - 31,468
Amounts repaid (16,261 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,207 31,468

J Sains
Balance outstanding at start of year - -
Amounts advanced 27,407 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,407 -

7. Related party disclosures

At the date to which these accounts have been prepared, a loan of £41,715 (2023: £41,715) is outstanding from Mr J Sains the son of Ms H S Kaur. No interest is payable on this loan.