Oyster Wharf Properties Limited - Accounts to registrar (filleted) - small 18.2
Oyster Wharf Properties Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| FOR |
| OYSTER WHARF PROPERTIES LIMITED |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| OYSTER WHARF PROPERTIES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Solar House |
| 282 Chase Road |
| London |
| N14 6NZ |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| BALANCE SHEET |
| 28 FEBRUARY 2022 |
| 28.2.22 | 28.2.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISION FOR DEFERRED TAX | 9 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| BALANCE SHEET - continued |
| 28 FEBRUARY 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| 1. | STATUTORY INFORMATION |
| Oyster Wharf Properties Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts derived from the provision of services to landlords and customers during the year, and is recognised at the date the service was provided |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Investment in wholly owned |
| subsidiary | 1 | 1 |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The investment represents the entire share capital of Thameslink Properties Limited. |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 March 2021 |
| and 28 February 2022 |
| NET BOOK VALUE |
| At 28 February 2022 |
| At 28 February 2021 |
| Fair value at 28 February 2022 is represented by: |
| £ |
| Valuation in 2008 | 13,396 |
| Valuation in 2009 | 34,191 |
| Valuation in 2017 | 736,311 |
| Cost | 1,091,102 |
| 1,875,000 |
| 6. | DEBTORS |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Amount due from subsidiary |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Tax |
| Tenants Deposits | 27,500 | 36,840 |
| Accrued expenses |
| Other loans | 180,000 | 115,000 |
| OYSTER WHARF PROPERTIES LIMITED (REGISTERED NUMBER: 05134174) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2022 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Shareholders loans | 1,094,732 | 312,367 |
| Bank loans more 5 yr by instal |
| Other loans | - | 782,365 |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Other loans | - | 782,365 |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 550,000 | 590,000 |
| The bank loan is secured by a charge on the company's freehold properties. |
| 9. | PROVISION FOR DEFERRED TAX |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Deferred tax | 27,007 | 27,007 |
| Deferred |
| tax |
| £ |
| Balance at 1 March 2021 |
| Balance at 28 February 2022 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.22 | 28.2.21 |
| value: | £ | £ |
| Ordinary shares | 1 | 100 | 100 |