REGISTERED NUMBER: 09922281 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2025

for

Oakes Property Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N P Oakes

REGISTERED OFFICE:

2 Katie Road

Selly Oak

Birmingham

B29 6JG

REGISTERED NUMBER:

09922281 (England and Wales)

ACCOUNTANTS:

DJH Halesowen Limited

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Investment property

4

2,797,968

2,537,836

CURRENT ASSETS

Debtors

5

165,740

135,740

Cash at bank

613,495

99,525

779,235

235,265

CREDITORS

Amounts falling due within one year

6

485,752

505,141

NET CURRENT ASSETS/(LIABILITIES)

293,483

(269,876

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,091,451

2,267,960

CREDITORS

Amounts falling due after more than one year

7

(2,379,945

)

(1,582,583

)

PROVISIONS FOR LIABILITIES

9

(118,256

)

(118,256

)

NET ASSETS

593,250

567,121

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

593,150

567,021

593,250

567,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 August 2025 and were signed by:

N P Oakes - Director

1.	STATUTORY INFORMATION

Oakes Property Holdings 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is included at fair value. Gains / losses are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,537,836

Additions

260,132

At 31 March 2025

2,797,968

NET BOOK VALUE

At 31 March 2025

2,797,968

At 31 March 2024

2,537,836

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

473,024

Cost

2,324,944

2,797,968

The properties held by the company were revalued by the director of the company on an open market basis.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

165,740

135,740

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

8,700

15,310

Other creditors

477,052

489,831

485,752

505,141

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,379,945

1,582,583

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,379,945

1,582,583

The bank loan is secured on the investment properties by fixed charges.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

118,256

118,256

Deferred

tax

£

Balance at 1 April 2024

118,256

Balance at 31 March 2025

118,256

10.

RESERVES

Retained

earnings

£

At 1 April 2024

567,021

Profit for the year

26,129

At 31 March 2025

593,150