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REGISTERED NUMBER: 12245020 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023

FOR

OAKHAM SURFACING & CONSTRUCTION LTD

OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKHAM SURFACING & CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023







DIRECTOR: Mr M K J Dance



REGISTERED OFFICE: 5 Oakham Drive
Dudley
DY2 7TL



REGISTERED NUMBER: 12245020 (England and Wales)



ACCOUNTANTS: M Scrivens & Co Ltd
Unit S The Wallows Industrial Estate
Fens Pool Avenue
Brierley Hill
DY5 1QA



BANKERS: Lloyds Bank Plc
153 High Street
Blackheath
Warley
Rowley Regis
B65 0EB



INCORPORATED: 4th October 2019

OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

BALANCE SHEET
30 JUNE 2023

30.6.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,995 15,032

CURRENT ASSETS
Stocks - 18,950
Debtors 5 29,628 38,332
Cash at bank 8,699 2,059
38,327 59,341
CREDITORS
Amounts falling due within one year 6 47,029 46,249
NET CURRENT (LIABILITIES)/ASSETS (8,702 ) 13,092
TOTAL ASSETS LESS CURRENT
LIABILITIES

(707

)

28,124

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (708 ) 28,123
SHAREHOLDERS' FUNDS (707 ) 28,124

OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

BALANCE SHEET - continued
30 JUNE 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 3 October 2023 and were signed by:





Mr M K J Dance - Director


OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

Oakham Surfacing & Construction 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.

Going concern
At the period end the company shows an insolvent balance sheet. The company meets it day to day working capital requirements through the support of its director who has undertaken that this support will not be withdrawn within twelve months from the date of signature of these financial statements. On this basis the director considers it appropriate to prepare these accounts on a going concern basis.

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 - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and other third parties and loans from related parties.

Taxation
Taxation for the period 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.


OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price.

Provisions
Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 30 June 2023 28,150
DEPRECIATION
At 1 November 2022 13,118
Charge for period 7,037
At 30 June 2023 20,155
NET BOOK VALUE
At 30 June 2023 7,995
At 31 October 2022 15,032

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.10.22
£    £   
Amounts owed by associates 475 -
Other debtors 29,153 38,332
29,628 38,332

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.10.22
£    £   
Hire purchase contracts - 6,606
Trade creditors 8,260 1,188
Taxation and social security 4,268 13,436
Other creditors 34,501 25,019
47,029 46,249

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 31.10.22
value: £    £   
1 Ordinary £1 1 1

OAKHAM SURFACING & CONSTRUCTION LTD (REGISTERED NUMBER: 12245020)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 JUNE 2023

8. RELATED PARTY DISCLOSURES

At the period end the company owed the directors £32,951 (2022 - £25,019) . This loan is interest free and repayable upon demand.