Oakleigh Road North Ltd iXBRL

Company Registration Number: 14295054

Oakleigh Road North Ltd

Abridged Unaudited Financial Statements

for the financial year ended 31 August 2025

Oakleigh Road North Ltd

Company Registration Number: 14295054

ABRIDGED BALANCE SHEET

as at 31 August 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

1,657,865

1,657,865

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Current Assets

Cash at bank and in hand

135

1,243

Creditors: amounts falling due within one year

(4,632)

(4,611)

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Net Current Liabilities

(4,497)

(3,368)

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Total Assets less Current Liabilities

1,653,368

1,654,497

Creditors:

amounts falling due after more than one year

(1,729,356)

(1,729,356)

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Net Liabilities

(75,988)

(74,859)

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Capital and Reserves

Called up share capital

Retained earnings

(75,989)

(74,860)

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Shareholders' Deficit

(75,988)

(74,859)

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The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 24 July 2026 and signed on its behalf by



________________________________
Mr Hamid Vand
Director

Oakleigh Road North Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

General Information

Oakleigh Road North Ltd is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 14295054. The registered office of the company is 277-279 Chiswick High Road, London, W4 4PU. The principal activity of the company is is rental income from investment properties. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 August 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when

The amount of revenue can be reliably measured

it is probable that future economic benefits will flow to the entity

and specific criteria have been met for each of the company's activities.

Investment properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash at bank and in hand

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowing costs

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis

Employees

The average monthly number of employees, including directors, during the financial year was 0, (2024 - 0).


4.	Tangible assets
		Investment	Total
		properties

		£	£
	Cost
	At 1 September 2024	1,657,865	1,657,865
		─────────	─────────

	At 31 August 2025	1,657,865	1,657,865
		─────────	─────────
	Depreciation
	At 1 September 2024	-	-
		─────────	─────────
	At 31 August 2025	-	-
		─────────	─────────
	Net book value
	At 31 August 2025	1,657,865	1,657,865
		═════════	═════════
	At 31 August 2024	1,657,865	1,657,865
		═════════	═════════