Cool Oak Management Co. Limited Company accounts

COOL OAK MANAGEMENT CO. LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 02176807

Cool Oak Management Co. Limited

Unaudited Financial Statements

For the year ended

31 December 2019

Cool Oak Management Co. Limited

Financial Statements

Year ended 31 December 2019

Contents	Pages

Officers and professional advisers	1

Directors' report	2

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	3

Statement of financial position	4

Notes to the financial statements	5

Cool Oak Management Co. Limited

Officers and Professional Advisers

The board of directors	Ms J Levin
	P K Patel

Company secretary	Page Registrars Limited

Registered office	c/o BLR Property Management Limited
	Hyde House
	The Hyde
	Edgware Road
	London
	NW9 6LH

Accountants	Mackenzie Field
	Chartered Accountants
	Hyde House
	The Hyde
	Edgware Road
	London
	NW9 6LA

Cool Oak Management Co. Limited

Directors' Report

Year ended 31 December 2019

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2019 .

Directors

The directors who served the company during the year were as follows:

Ms J Levin
P K Patel

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 20 May 2020 and signed on behalf of the board by:

Page Registrars Limited

Company Secretary

Registered office:

c/o BLR Property Management Limited

Hyde House

The Hyde

Edgware Road

London

NW9 6LH

Cool Oak Management Co. Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Cool Oak Management Co. Limited

Year ended 31 December 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cool Oak Management Co. Limited for the year ended 31 December 2019, which comprise the statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Cool Oak Management Co. Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Cool Oak Management Co. Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cool Oak Management Co. Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cool Oak Management Co. 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 Cool Oak Management Co. Limited. You consider that Cool Oak Management Co. 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 Cool Oak Management Co. 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.

Mackenzie Field Chartered Accountants

Hyde House The Hyde Edgware Road London NW9 6LA

20 May 2020

Cool Oak Management Co. Limited

Statement of Financial Position

31 December 2019

	2019		2018
Note	£	£	£

Current assets

Cash at bank and in hand	589		589
	----		----
Net current assets		589	589
		----	----
Total assets less current liabilities		589	589
		----	----

Capital and reserves

Called up share capital	589	589
	----	----
Shareholders funds	589	589
	----	----

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

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

These financial statements were approved by the board of directors and authorised for issue on 20 May 2020 , and are signed on behalf of the board by:

P K Patel
Director

Company registration number: 02176807

Cool Oak Management Co. Limited

Notes to the Financial Statements

Year ended 31 December 2019

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o BLR Property Management Limited, Hyde House, The Hyde, Edgware Road, London, NW9 6LH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Prior period adjustments

Transactions undertaken in the periods ended 31 December 2018 were on behalf of the long leaseholders and freeholders on a nominee basis only, resulting in the adjustment of prior year's figures, and a restatement in reserves of £12,249. Income and expenditure account 2019 2018 £ £ Balance brought forward as previously reported 12,249 10,492 Prior year adjustment (12,249) (10,492) ----- ------ Balance brought forward restated - - ===== ======