Great Oak Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11019623 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GREAT OAK PROPERTY LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

326,431

326,794

CURRENT ASSETS

Debtors

5

-

2,778

Cash at bank

25,127

9,839

25,127

12,617

CREDITORS

Amounts falling due within one year

6

19,221

25,337

NET CURRENT ASSETS/(LIABILITIES)

5,906

(12,720

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

332,337

314,074

CREDITORS

Amounts falling due after more than one
year

7

-

(833

)

PROVISIONS FOR LIABILITIES

8

(35,262

)

(35,353

)

NET ASSETS

297,075

277,888

CAPITAL AND RESERVES

Called up share capital

9

5

Special reserve

10

109,790

Retained earnings

187,280

168,093

SHAREHOLDERS' FUNDS

297,075

277,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 29 July 2026 and were signed by:

Mr D A Morris - Director

1.	STATUTORY INFORMATION

Great Oak Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11019623

Registered office:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Cost or valuation

At 1 April 2025

325,000

1,219

3,138

4,902

334,259

Additions

-

703

-

703

At 31 March 2026

325,000

1,219

3,841

4,902

334,962

Depreciation

At 1 April 2025

-

550

2,670

4,245

7,465

Charge for year

-

167

242

657

1,066

At 31 March 2026

-

717

2,912

4,902

8,531

Net book value

At 31 March 2026

325,000

502

929

-

326,431

At 31 March 2025

325,000

669

468

657

326,794

Cost or valuation at 31 March 2026 is represented by:

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Valuation in 2022

28,000

-

28,000

Valuation in 2024

55,000

-

55,000

Cost

242,000

1,219

3,841

4,902

251,962

325,000

1,219

3,841

4,902

334,962

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

-

2,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

833

5,000

Taxation and social security

4,695

5,061

Other creditors

13,693

15,276

19,221

25,337

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

-

833

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

35,262

35,353

Deferred

tax

£

Balance at 1 April 2025

35,353

Utilised during year

(91

)

Balance at 31 March 2026

35,262

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

5

Ordinary

£1

5

10.

RESERVES

Special reserve

The special reserve comprise the balance of fair values relating to the freehold property net of deferred tax on the gain. This reserve is non-distributable.

Retained earnings

The retained earnings comprise the balance of profits accumulated over the life of the company. This reserve is distributable.