Oaklands Manor (No.2) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03244421 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2019

for

Oaklands Manor (No.2) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

822

620

Cash at bank

1,406

16,961

2,228

17,581

CREDITORS

Amounts falling due within one year

5

4,096

16,200

NET CURRENT (LIABILITIES)/ASSETS

(1,868

)

1,381

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,868

)

1,381

CAPITAL AND RESERVES

Called up share capital

19

19

Retained earnings

(1,887

)

1,362

(1,868

)

1,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 March 2020 and were signed on its behalf by:

M Nicholson - Director

K Collick - Director

1.	STATUTORY INFORMATION

Oaklands Manor (No 2) Limited is a private company, limited by shares, registered in England. The registered

office address is Office F, Suite 1, Chevin Mills, Leeds Road, Otley, West Yorkshire, LS21 1BT and the

registered number is 03244421.

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 represents service charges due from tenants.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Service charge owing

165

373

Prepaid expenses

657

247

822

620

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Service charge in advance

542

175

Oaklands Fold Freehold Ltd

2,680

2,860

Accrued expenses

874

13,165

4,096

16,200

6.	GOING CONCERN

The balance sheet at the year end showed net liabilities. The directors intend to rectify the position in the year to

August 2020 with an increased service charge.