Oasis Property Rentals Limited - Accounts to registrar (filleted) - small 18.2

Oasis Property Rentals Limited - Accounts to registrar (filleted) - small 18.2

OASIS PROPERTY RENTALS LIMITED - Company Information

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REGISTERED NUMBER: 04578782 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

OASIS PROPERTY RENTALS LIMITED
OASIS PROPERTY RENTALS LIMITED (REGISTERED NUMBER: 04578782)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OASIS PROPERTY RENTALS LIMITED

COMPANY INFORMATION
for the year ended 31 October 2018







DIRECTOR: Miss R C Doyle





REGISTERED OFFICE: 3 & 4 Pegasus House, Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW





REGISTERED NUMBER: 04578782 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW
Page 1
OASIS PROPERTY RENTALS LIMITED (REGISTERED NUMBER: 04578782)

BALANCE SHEET
31 October 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 558,923 558,923

CURRENT ASSETS
Debtors 4 7,262 18,362
Cash at bank 20,787 2,669
28,049 21,031
CREDITORS
Amounts falling due within one year 5 6,121 7,480
NET CURRENT ASSETS 21,928 13,551
TOTAL ASSETS LESS CURRENT
LIABILITIES
580,851
572,474

CREDITORS
Amounts falling due after more than one
year
6
519,000
519,000
NET ASSETS 61,851 53,474

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 61,850 53,473
SHAREHOLDERS' FUNDS 61,851 53,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
OASIS PROPERTY RENTALS LIMITED (REGISTERED NUMBER: 04578782)

BALANCE SHEET - continued
31 October 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 6 June 2019 and were signed by:





Miss R C Doyle - Director


The notes form part of these financial statements

Page 3
OASIS PROPERTY RENTALS LIMITED (REGISTERED NUMBER: 04578782)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2018


1. STATUTORY INFORMATION

Oasis Property Rentals 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.

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
Freehold property is deemed by the Director to be held at fair value.

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.

Page 4 continued...
OASIS PROPERTY RENTALS LIMITED (REGISTERED NUMBER: 04578782)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2018


3. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Totals
£    £    £   
COST
At 1 November 2017
and 31 October 2018 510,949 51,998 562,947
DEPRECIATION
At 1 November 2017
and 31 October 2018 - 4,024 4,024
NET BOOK VALUE
At 31 October 2018 510,949 47,974 558,923
At 31 October 2017 510,949 47,974 558,923

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 7,262 18,362

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 4,311 6,105
Other creditors 1,810 1,375
6,121 7,480

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans 519,000 519,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 519,000 519,000

Page 5