ACCOUNTS - Final Accounts preparation

OAKWOOD MEDIA HOLDCO LIMITED - Company Information

Caseware UK (AP4) 2018.0.196 2018.0.196 2019-04-302019-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueNo description of principal activityfalse2018-05-01 08091877 2018-05-01 2019-04-30 08091877 2017-05-01 2018-04-30 08091877 2019-04-30 08091877 2018-04-30 08091877 c:Director2 2018-05-01 2019-04-30 08091877 d:CurrentFinancialInstruments 2019-04-30 08091877 d:CurrentFinancialInstruments 2018-04-30 08091877 d:Non-currentFinancialInstruments 2019-04-30 08091877 d:Non-currentFinancialInstruments 2018-04-30 08091877 d:CurrentFinancialInstruments d:WithinOneYear 2019-04-30 08091877 d:CurrentFinancialInstruments d:WithinOneYear 2018-04-30 08091877 d:Non-currentFinancialInstruments d:AfterOneYear 2019-04-30 08091877 d:Non-currentFinancialInstruments d:AfterOneYear 2018-04-30 08091877 d:ShareCapital 2019-04-30 08091877 d:ShareCapital 2018-04-30 08091877 d:CapitalRedemptionReserve 2019-04-30 08091877 d:CapitalRedemptionReserve 2018-04-30 08091877 d:RetainedEarningsAccumulatedLosses 2019-04-30 08091877 d:RetainedEarningsAccumulatedLosses 2018-04-30 08091877 c:OrdinaryShareClass1 2018-05-01 2019-04-30 08091877 c:OrdinaryShareClass1 2019-04-30 08091877 c:OrdinaryShareClass1 2018-04-30 08091877 c:OrdinaryShareClass2 2018-05-01 2019-04-30 08091877 c:OrdinaryShareClass2 2019-04-30 08091877 c:OrdinaryShareClass2 2018-04-30 08091877 c:FRS102 2018-05-01 2019-04-30 08091877 c:AuditExempt-NoAccountantsReport 2018-05-01 2019-04-30 08091877 c:FullAccounts 2018-05-01 2019-04-30 08091877 c:PrivateLimitedCompanyLtd 2018-05-01 2019-04-30 08091877 c:PublicLimitedCompanyPLCNotQuotedOnAnyExchange 2018-05-01 2019-04-30 08091877 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2018-05-01 2019-04-30 08091877 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2019-04-30 08091877 6 2018-05-01 2019-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08091877

OAKWOOD MEDIA HOLDCO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2019

OAKWOOD MEDIA HOLDCO LIMITED

REGISTERED NUMBER:08091877

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2019

		2019		2018
Note		£		£

FIXED ASSETS
Investments	4		706,823		706,823
			706,823		706,823

Creditors: amounts falling due within one year	5	(409,942)		(409,942)
NET CURRENT LIABILITIES			(409,942)		(409,942)
TOTAL ASSETS LESS CURRENT LIABILITIES			296,881		296,881
Creditors: amounts falling due after more than one year	6		(18,335)		(18,335)

NET ASSETS			278,546		278,546

CAPITAL AND RESERVES
Called up share capital	7	202,417	202,417
Capital redemption reserve		73,076	73,076
Profit and loss account		3,053	3,053
		278,546	278,546

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OAKWOOD MEDIA HOLDCO LIMITED

REGISTERED NUMBER:08091877

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2019

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

N D A Sims

Director

Date: 30 August 2019

The notes on pages 3 to 5 form part of these financial statements.

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OAKWOOD MEDIA HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

1.	GENERAL INFORMATION

Oakwood Media Holdco Limited is a limited company, limited by shares, incorporated and registrered in England within the United Kingdom, registrered number: 05906155.
The address of the registered office is 16 Queen Square, Bristol, BS1 4NT.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Statement of financial position date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.3

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.4

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.5

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2018: 2).

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OAKWOOD MEDIA HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

4.	FIXED ASSET INVESTMENTS

		Investments in subsidiary companies
		£
	COST OR VALUATION
	At 1 May 2018	706,823
	At 30 April 2019	706,823

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2019	2018
		£	£

Amounts owed to group undertakings	409,942	409,942
	409,942	409,942

6.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		2019	2018
		£	£

Other creditors	18,335	18,335
	18,335	18,335

The preference shares are entitled to a fixed dividend at 1.0% per annum. They are redeemable at par at any time at the option of the company.

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OAKWOOD MEDIA HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

7.	SHARE CAPITAL
		2019	2018
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

752 (2018: 752) Ordinary shares of £1.00 each	752	752
201,665 (2018: 201,665) Preference shares of £1.00 each	201,665	201,665

	202,417	202,417

8.	RELATED PARTY TRANSACTIONS
	At the year end, the company owed its subsidiary £409,942 (2018: £409,942). This is included in creditors.

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