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Company Registration No. 11809945 (England and Wales)
Oakway Estates Ltd Unaudited accounts for the year ended 28 February 2025
Oakway Estates Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Oakway Estates Ltd Company Information for the year ended 28 February 2025
Directors
Mr Hitesh Natvarlal Patel Mr Mohammed Lutfur Rahman
Company Number
11809945 (England and Wales)
Registered Office
168 Hobs Moat Road Solihull B92 8JZ United Kingdom
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Oakway Estates Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
1,160,000
659,943
Current assets
Debtors
-
3,411
Cash at bank and in hand
9,488
198,228
9,488
201,639
Creditors: amounts falling due within one year
(254,703)
(351,243)
Net current liabilities
(245,215)
(149,604)
Total assets less current liabilities
914,785
510,339
Creditors: amounts falling due after more than one year
(709,137)
(523,887)
Provisions for liabilities
Deferred tax
4
(51,163)
-
Net assets/(liabilities)
154,485
(13,548)
Capital and reserves
Called up share capital
5
1,000
1,000
Fair value reserve
182,864
-
Profit and loss account
(29,379)
(14,548)
Shareholders' funds
154,485
(13,548)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2025 and were signed on its behalf by
Mr Mohammed Lutfur Rahman Director Company Registration No. 11809945
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Oakway Estates Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Oakway Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 11809945. The registered office is 168 Hobs Moat Road, Solihull, B92 8JZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, except as required by FRS 102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on revaluation gains on investment property, even where there is no intention to sell the asset. Deferred tax is measured at the tax rates that are expected to apply when the timing differences reverse, based on rates and laws that have been enacted or substantively enacted at the balance sheet date. Deferred tax balances are not discounted.
4
Deferred taxation
2025
2024
£
£
Revaluation of investment property
60,955
-
Tax losses carried forward
(9,792)
(3,411)
51,163
(3,411)
2025
2024
£
£
Provision at start of year
(3,411)
(6,087)
Charged to the profit and loss account
54,574
2,676
Provision at end of year
51,163
(3,411)
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Oakway Estates Ltd Notes to the Accounts for the year ended 28 February 2025
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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