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OAKHILL PROPERTIES LIMITED
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03456570
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,130,000 2,130,000
Investments 5 231,150 231,150
2,361,150 2,361,150
CURRENT ASSETS
Debtors 6 361,700 290,176
Cash at bank and in hand 114 28,157
361,814 318,333
Creditors: Amounts Falling Due Within One Year 7 (33,373 ) (33,651 )
NET CURRENT ASSETS (LIABILITIES) 328,441 284,682
TOTAL ASSETS LESS CURRENT LIABILITIES 2,689,591 2,645,832
Creditors: Amounts Falling Due After More Than One Year 8 (1,110,613 ) (1,127,062 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (220,015 ) (223,705 )
NET ASSETS 1,358,963 1,295,065
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 905,087 901,397
Profit and Loss Account 453,776 393,568
SHAREHOLDERS' FUNDS 1,358,963 1,295,065
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Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Costas Mouyiaris
Director
28/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Oakhill Properties Limited is a private company, limited by shares, incorporated in England and Wales, registered number 03456570. The registered office is 41 High Street, London, N14 6LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises Income from Investment Properties; Value Added Tax is not applicable.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: 
The Director does not consideer that any of the properties require amortization
Leasehold 0%
Fixtures & Fittings Small Balance Written Off
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the Profit and Loss Account. 
3. Average Number of Employees
Average number of employees, excluding directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 November 2023 2,130,000 4,717 2,134,717
As at 31 October 2024 2,130,000 4,717 2,134,717
Depreciation
As at 1 November 2023 - 4,717 4,717
As at 31 October 2024 - 4,717 4,717
Net Book Value
As at 31 October 2024 2,130,000 - 2,130,000
As at 1 November 2023 2,130,000 - 2,130,000
The Leasehold Property is in the accounts at the Revaution figures, no amortization is considered appropriate at this time.
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5. Investments
Unlisted
£
Cost or Valuation
As at 1 November 2023 231,150
As at 31 October 2024 231,150
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 231,150
As at 1 November 2023 231,150
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,289 6,765
Amounts owed by associates 94,801 25,801
104,090 32,566
Due after more than one year
Amounts owed by joint-ventures 257,610 257,610
361,700 290,176
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,863 2,601
Bank loans and overdrafts 18,426 18,000
Accruals and deferred income 34 -
Director's loan account 8,050 8,050
Amounts owed to associates 5,000 5,000
33,373 33,651
The accounts reflect the capital element of the Bank Loans that fall due for repayment within one year
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,110,613 1,127,062
The figure in the accounts reflects the Bank Loans which are repayable after one year but less than five years.
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9. Deferred Taxation
The provision for deferred taxation is made up of taxation which would fall due as at the year end if the properties revalued were sold, as at the year end, at the Revalued figures. Brought forward losses not considered. 
2024 2023
£ £
Other timing differences 220,015 223,705
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Revaluation Reserve
£
As at 1 November 2023 901,397
Surplus on revaluation 3,690
As at 31 October 2024 905,087
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr C Mouyiaris by virtue of his ownership of 100% of the issued share capital in the company.
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