Oak Hallam Holdings Limited - Period Ending 2021-03-31

Oak Hallam Holdings Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 6

Oak Hallam Holdings Limited

Company Information

Directors

P A Ford S D Mold

Registered office

Unit 2 Whites Close Nix's Hill Industrial Estate Alfreton Derbyshire DE55 7RB

Bankers

National Westminster Bank Plc 58 St. Peter's Street Derby DE1 1XL

Accountants

Ashgates Corporate Services Limited 5 Prospect Place Millennium Way Pride Park Derby DE24 8HG

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Oak Hallam Holdings Limited
for the Year Ended 31 March 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Oak Hallam Holdings Limited for the year ended 31 March 2021 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Oak Hallam Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Oak Hallam Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Oak Hallam Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oak Hallam Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Oak Hallam Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Oak Hallam Holdings Limited. You consider that Oak Hallam Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Oak Hallam Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

............................................................

Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG

10 November 2021

Oak Hallam Holdings Limited

(Registration number: 11939744)
Balance Sheet as at 31 March 2021

	Note	Year Ended 31 March 2021 £	Period Ended 31 March 2020 £
Fixed assets
Investments	4	564,162	564,150
Current assets
Debtors	5	-	5
Cash at bank and in hand		134,148	132,255
		134,148	132,260
Creditors: Amounts falling due within one year	6	(71,500)	(39,600)
Net current assets		62,648	92,660
Net assets		626,810	656,810
Capital and reserves
Called up share capital	7	150,000	150,000
Share premium reserve		200,000	200,000
Profit and loss account		276,810	306,810
Total equity		626,810	656,810

For the financial year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 10 November 2021 and signed on its behalf by:
 

.........................................

P A Ford
Director

Oak Hallam Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of the registered office is given in the company information on page 1 of the financial statements.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The global pandemic known as Covid-19 is causing uncertainty throughout the UK economy and the company has been affected by this. Based on the information available and using a reasonable range of assumptions, the business can continue as a going concern and the accounts have been prepared on this basis.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3	Staff numbers

There are 0 employees because the company is dormant.

Oak Hallam Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

4	Investments

	Year Ended 31 March 2021 £	Period Ended 31 March 2020 £
Investments in subsidiaries	564,162	564,150

Subsidiaries	£
Cost or valuation
At 1 April 2020	564,150
Additions	12
At 31 March 2021	564,162
Carrying amount
At 31 March 2021	564,162
At 31 March 2020	564,150

5

Debtors

	Year Ended 31 March 2021 £	Period Ended 31 March 2020 £
Amounts owed by group undertakings	-	5

6

Creditors

		Year Ended 31 March 2021 £	Period Ended 31 March 2020 £
Due within one year
Other creditors		71,500	39,600

Oak Hallam Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

7	Share capital

Allotted, called up and fully paid shares

	31 March 2021		31 March 2020
	No.	£	No.	£
Ordinary A shares of £1 each	60,000	60,000	60,000	60,000
Ordinary B shares of £1 each	15,000	15,000	15,000	15,000
Ordinary C shares of £1 each	60,000	60,000	60,000	60,000
Ordinary D shares of £1 each	15,000	15,000	15,000	15,000
	150,000	150,000	150,000	150,000

8	Non adjusting events after the financial period

After the balance sheet date, dividends of £92,000 have been voted.