Oakwood Estates Property Agents Holdings - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 13676132 (England and Wales)

Unaudited Financial Statements

For The Period

13 October 2021 to 30 September 2022

for

OAKWOOD ESTATES PROPERTY AGENTS HOLDINGS

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E P Godfrey

Qagdorm6 Ltd

SECRETARY:

REGISTERED OFFICE:

118 Quayside

Newcastle Upon Tyne

NE1 3BD

REGISTERED NUMBER:

13676132 (England and Wales)

ACCOUNTANTS:

Godfrey, Anderson & Co

6 Portland Business Centre

Manor House Lane

Datchet

Berkshire

SL3 9EG

FIXED ASSETS

Investments

4

3,000,000

CURRENT ASSETS

Debtors

5

100

NET CURRENT ASSETS

100

TOTAL ASSETS LESS CURRENT LIABILITIES

3,000,100

CREDITORS

Amounts falling due after more than one year

6

2,859,245

NET ASSETS

140,855

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

140,755

140,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2023 and were signed on its behalf by:

E P Godfrey - Director

1.	STATUTORY INFORMATION

Oakwood Estates Property Agents Holdings Ltd 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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 period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

3,000,000

At 30 September 2022

3,000,000

NET BOOK VALUE

At 30 September 2022

3,000,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

100

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

2,859,245

Amounts falling due in more than five years:

Repayable otherwise than by instalments

J S Godfrey

1,988,000

E P Godfrey

852,000

2,840,000

7.	SUBSIDIARY UNDERTAKING

Oakwood Estates Property Agents Holdings Ltd owns 100% of the issued share capital of Oakwood Estates Property Agents Ltd.

Oakwood Estates Property Agents Ltd is registered in England and Wales and its registered office is at 6 Portland Business Centre, Manor House Lane, Datchet, Berkshire, SL3 9EG