Oakdale Property Services Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 12091807

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,351		1,801
Investment Properties	5		544,743		544,743

			546,094		546,544
CURRENT ASSETS
Cash at bank and in hand		12,754		12,198

		12,754		12,198
Creditors: Amounts Falling Due Within One Year	6	(371,501 )		(356,090 )

NET CURRENT ASSETS (LIABILITIES)			(358,747 )		(343,892 )

TOTAL ASSETS LESS CURRENT LIABILITIES			187,347		202,652

Creditors: Amounts Falling Due After More Than One Year	7		(265,660 )		(272,257 )

NET LIABILITIES			(78,313 )		(69,605 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			(78,413 )		(69,705 )

SHAREHOLDERS' FUNDS			(78,313)		(69,605)

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Oakdale Property Services Ltd

Statement of Financial Position (continued)

As At 31 December 2024

For the year ending 31 December 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 Income Statement.

On behalf of the board

Mr Dipesh Shah

Director

24 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Oakdale Property Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12091807 . The registered office is Foxend, Nugents Park, Pinner, Middlesex, England, HA5 4RA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 December 2024 are the first financial statements of Oakdale Property Services Ltd prepared in accordance with FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of adoption to FRS 102 (Section 1A) was 1 January 2024.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

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

2.4. Tangible Fixed Assets and 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:

Computer Equipment

25% Reducing balance

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

2.5. 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 income statement.

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.8. Critical Accounting Judgements and Key Sources of Estimation Uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in

which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.

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Oakdale Property Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	2,401

As at 31 December 2024	2,401

Depreciation
As at 1 January 2024	600
Provided during the period	450

As at 31 December 2024	1,050

Net Book Value
As at 31 December 2024	1,351

As at 1 January 2024	1,801

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	544,743

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	112,378	112,378
Mortgage loan - current	37,618	37,827
Accruals and deferred income	820	600
Director's loan account	220,685	205,285

	371,501	356,090

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Mortgage loan	265,660	272,257

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

The nominal value per share is £1 and as at the year end, there are 100 Ordinary shares in issue.

9. Related Party Transactions

As at 31 December 2024, the Directors Loan Account balance of Mr Dipesh Shah is £220,685, which is a current liability, interest free and repayable on demand.

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