RED OAK INVESTMENTS LIMITED

RED OAK INVESTMENTS LIMITED

RED OAK INVESTMENTS LIMITED - Company Information

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RED OAK INVESTMENTS LIMITED

Company Registration Number:
03373535 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2017

Period of accounts

Start date: 01 July 2016

End date: 30 June 2017

RED OAK INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2017

Balance sheet
Notes

RED OAK INVESTMENTS LIMITED

Balance sheet

As at 30 June 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 815,000 1,180,000
Total fixed assets: 815,000 1,180,000
Current assets
Stocks: 0 0
Debtors: 4 2,651 0
Cash at bank and in hand: 596,011 85,153
Investments:   0 0
Total current assets: 598,662 85,153
Creditors: amounts falling due within one year:   (50,279) (149,482)
Net current assets (liabilities): 548,383 (64,329)
Total assets less current liabilities: 1,363,383 1,115,671
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,363,383 1,115,671
Capital and reserves
Called up share capital: 78 78
Profit and loss account: 1,363,305 1,115,593
Shareholders funds: 1,363,383 1,115,671

The notes form part of these financial statements

RED OAK INVESTMENTS LIMITED

Balance sheet statements

For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2018
and signed on behalf of the board by:

Name: P Williams
Status: Director

The notes form part of these financial statements

RED OAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for rental income and services provided in the normal course of business and is shown net of VAT and other sales related taxes.

Other accounting policies

Investment property, which is prperty held to to earn rentals and/or capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. the surplus or deficit on revaluation is recognied in profit or loss.Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

RED OAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

2. Employees

2017 2016
Average number of employees during the period 3 3

RED OAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

3. Fixed investments

Investment property comprises commercial property. The fair value of the investment property has been arrived at on the basis of a valuation made by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

RED OAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 0 0