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REGISTERED NUMBER: 09879953 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2021

for

Oakendale Joinery Ltd

Oakendale Joinery Ltd (Registered number: 09879953)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oakendale Joinery Ltd

Company Information
for the Year Ended 30 November 2021







DIRECTORS: M Glossop
S Glossop





REGISTERED OFFICE: 29 Countryside Way
Kilnhurst
Mexborough
South Yorkshire
S64 5ST





REGISTERED NUMBER: 09879953 (England and Wales)





ACCOUNTANTS: Allround Accountancy Services Limited
Penmore House
Hasland Road
Hasland
Chesterfield
Derbyshire
S41 0SJ

Oakendale Joinery Ltd (Registered number: 09879953)

Balance Sheet
30 November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,865 21,687

CURRENT ASSETS
Stocks - 1,450
Debtors 5 15,657 23,168
Cash at bank and in hand 41,299 139,487
56,956 164,105
CREDITORS
Amounts falling due within one year 6 17,268 97,782
NET CURRENT ASSETS 39,688 66,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,553

88,010

CREDITORS
Amounts falling due after more than one year 7 (20,849 ) (25,000 )

PROVISIONS FOR LIABILITIES (3,394 ) (4,120 )
NET ASSETS 33,310 58,890

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 33,290 58,870
SHAREHOLDERS' FUNDS 33,310 58,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

Oakendale Joinery Ltd (Registered number: 09879953)

Balance Sheet - continued
30 November 2021


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 25 August 2022 and were signed on its behalf by:





M Glossop - Director


Oakendale Joinery Ltd (Registered number: 09879953)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Oakendale Joinery 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

Oakendale Joinery Ltd (Registered number: 09879953)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 29,143
Additions 1,873
At 30 November 2021 31,016
DEPRECIATION
At 1 December 2020 7,456
Charge for year 5,695
At 30 November 2021 13,151
NET BOOK VALUE
At 30 November 2021 17,865
At 30 November 2020 21,687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 11,989 23,168
Other debtors 3,668 -
15,657 23,168

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 2,767 83,000
Trade creditors 8,870 8,943
Taxation and social security 4,578 4,811
Other creditors 1,053 1,028
17,268 97,782

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 20,849 25,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the amount due to the directors from the company was £303 (2020 :£303).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is board of directors.