Company Registration Number 05750339 (England and Wales)
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
COMPANY INFORMATION
Directors
Mr M Brooks
Mrs J Foxton
Mr D C Key
Mr C A Sanders
Secretary
Mr C A Sanders
Company number
05750339
Registered office
33 Kellaw Road
Yarm Road Business Park
Darlington
Co. Durham
England
DL1 4YA
Accountants
Benson Wood (Darlington) Ltd
Unit 3E
Enterprise House
Valley Street North
Darlington
Co. Durham
DL1 1GY
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED FOR THE YEAR ENDED 31 MARCH 2020
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oakwood House Property And Developments (UK) Limited for the year ended 31 March 2020, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the
b
oard of
d
irectors of Oakwood House Property And Developments (UK) 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 financial statements of Oakwood House Property And Developments (UK) Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of Oakwood House Property And Developments (UK) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oakwood House Property And Developments (UK) Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that Oakwood House Property And Developments (UK) 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 Oakwood House Property And Developments (UK) Limited. You consider that Oakwood House Property And Developments (UK) 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 Oakwood House Property And Developments (UK) 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.
Benson Wood (Darlington) Ltd
15 March 2021
Chartered Accountants
Unit 3E
Enterprise House
Valley Street North
Darlington
Co. Durham
DL1 1GY
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2020
31 March 2020
- 2 -
2020
2019
£
£
£
£
Fixed assets
1,007,342
1,128,517
Current assets
37,029
40,217
Creditors: amounts falling due within one year
(332,609)
(223,850)
Net current liabilities
(295,580)
(183,633)
Total assets less current liabilities
711,762
944,884
Creditors: amounts falling due after more than one year
(648,667)
(903,362)
Net assets
63,095
41,522
Capital and reserves
63,095
41,522
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
4
5
2
Related Party Transactions
At the balance sheet date there was a loan balance due from to the directors of £104,935 (2019: £89,935). The loan is unsecured, interest free and repayable on demand.
3
Covid-19
Since the year end the country has been affected by the Covid-19 pandemic. In the opinion of the directors this has had no detrimental effect on the going concern status of the company.
Oakwood House Property And Developments (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 33 Kellaw Road, Yarm Road Business Park, Darlington, Co. Durham, England, DL1 4YA.
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
OAKWOOD HOUSE PROPERTY AND DEVELOPMENTS (UK) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2020
31 March 2020
- 3 -
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 March 2021 and are signed on its behalf by:
Mr M Brooks
Mrs J Foxton
Director
Director
Mr D C Key
Mr C A Sanders
Director
Director
Company Registration Number 05750339