Oakleigh Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03832785 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Oakleigh Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L W Isaac

I Isaac

SECRETARY:

L W Isaac

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

03832785 (England and Wales)

ACCOUNTANTS:

Dunkley's

Chartered Accountants

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

BANKERS:

National Westminster Bank plc

16 The Plain

Thornbury

Bristol

BS35 2BK

FIXED ASSETS

Tangible assets

2

617,816

620,117

CURRENT ASSETS

Debtors

20,601

20,060

Cash at bank

7,433

4,856

28,034

24,916

CREDITORS

Amounts falling due within one year

3

192,236

240,892

NET CURRENT LIABILITIES

(164,202

)

(215,976

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

453,614

404,141

CREDITORS

Amounts falling due after more than one
year

3

(29,700

)

(42,900

)

PROVISIONS FOR LIABILITIES

(2,121

)

(2,474

)

NET ASSETS

421,793

358,767

CAPITAL AND RESERVES

Called up share capital

4

50

Revaluation reserve

337,990

Capital redemption reserve

50

Profit and loss account

83,703

20,677

SHAREHOLDERS' FUNDS

421,793

358,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 December 2016 and were signed on its behalf
by:

L W Isaac - Director

I Isaac - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Revalued in line with FRS 15

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2015

and 31 March 2016

675,827

DEPRECIATION

At 1 April 2015

55,710

Charge for year

2,301

At 31 March 2016

58,011

NET BOOK VALUE

At 31 March 2016

617,816

At 31 March 2015

620,117

3.

CREDITORS

Creditors include an amount of £ 42,900 (31.3.15 - £ 60,615 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

50

Ordinary

£1

50