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REGISTERED NUMBER: 13719184 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

OAKWELL PROPERTY LIMITED

OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKWELL PROPERTY LIMITED

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr D Fowler
Mrs R M Fowler



REGISTERED OFFICE: 32 Whitendale Drive
Bolton Le Sands
Carnforth
LA5 8LY



REGISTERED NUMBER: 13719184 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: Wise Payments Limited
6th Floor
The Tea Building
56 Shoreditch High Street
London
E1 6JJ

OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,666 12,880
Investment property 5 662,786 662,786
664,452 675,666

CURRENT ASSETS
Debtors 6 519 3,520
Cash at bank 13,918 27,183
14,437 30,703
CREDITORS
Amounts falling due within one year 7 24,098 22,940
NET CURRENT (LIABILITIES)/ASSETS (9,661 ) 7,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

654,791

683,429

CREDITORS
Amounts falling due after more than one
year

8

742,023

768,607
NET LIABILITIES (87,232 ) (85,178 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (87,242 ) (85,188 )
(87,232 ) (85,178 )

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

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

OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

Balance Sheet - continued
30 November 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 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 8 August 2025 and were signed on its behalf by:





Mrs R M Fowler - Director


OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Oakwell Property 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.

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.
Plant and machinery etc - 33% on cost

Tangible fixed assets are initially recorded at cost.

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 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2023
and 30 November 2024 33,642
DEPRECIATION
At 1 December 2023 20,762
Charge for year 11,214
At 30 November 2024 31,976
NET BOOK VALUE
At 30 November 2024 1,666
At 30 November 2023 12,880

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 December 2023
and 30 November 2024 662,786
NET BOOK VALUE
At 30 November 2024 662,786
At 30 November 2023 662,786

Included within investment property:

Are investment properties showing at their cost of £662,786 (2023: £662,786). It was considered that the open market value of these properties would not have changed materially by the year end therefore the open market value for these properties has been left at £662,786.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 519 -
Other debtors - 3,520
519 3,520

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 24,098 22,940

OAKWELL PROPERTY LIMITED (REGISTERED NUMBER: 13719184)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 392,023 388,607
Other creditors 350,000 380,000
742,023 768,607

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 392,023 284,186