Oak Ellerton Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07186493 (England and Wales)

Financial Statements for the Year Ended 31 August 2022

for

Oak Ellerton Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

M A Bennett

SECRETARY:

N D Bennett

REGISTERED OFFICE:

Merlin House

Halesfield 19

Telford

Shropshire

TF7 4QT

REGISTERED NUMBER:

07186493 (England and Wales)

ACCOUNTANTS:

Jerroms GCN Limited

West Point, Second Floor

Mucklow Office Park

Mucklow Hill

Halesowen

B62 8DY

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oak Ellerton Limited for the year ended 31 August 2022 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes 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/rulebook.

This report is made solely to the director of Oak Ellerton Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oak Ellerton Limited and state those matters that we have agreed to state to the director of Oak Ellerton Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Oak Ellerton Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oak Ellerton Limited. You consider that Oak Ellerton 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 financial statements of Oak Ellerton 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 financial statements.

Jerroms GCN Limited

West Point, Second Floor

Mucklow Office Park

Mucklow Hill

Halesowen

B62 8DY

26 May 2023

CURRENT ASSETS

Investments

4

2,648,238

2,235,185

CREDITORS

Amounts falling due within one year

5

2,557,830

2,463,430

NET CURRENT ASSETS/(LIABILITIES)

90,408

(228,245

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90,408

(228,245

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

90,407

(228,246

)

SHAREHOLDERS' FUNDS

90,408

(228,245

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2023 and were signed by:

M A Bennett - Director

1.	STATUTORY INFORMATION

Oak Ellerton 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Current asset investments

The valuation of investments is based on capital introduced less share of loss from Streetsbrook Property Developments LLP at the year end date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Other

2,648,238

2,235,185

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed to participating interests

2,533,784

2,460,490

Corporation tax

21,206

-

Directors' accounts

540

540

Accruals and deferred income

2,300

2,400

2,557,830

2,463,430

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

1

Ordinary

£1

1

1