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Company Registration No. 8154128 (England and Wales)
ORACLE LIFTS LTD. Unaudited accounts for the year ended 31 July 2023
ORACLE LIFTS LTD. Unaudited accounts Contents
Page
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ORACLE LIFTS LTD. Company Information for the year ended 31 July 2023
Directors
Peter Raymond Brehme Jean Carol Brehme
Company Number
8154128 (England and Wales)
Registered Office
54 Frensham Close Southall Middlesex UB1 2YG United Kingdom
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ORACLE LIFTS LTD. Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,760 
11,840 
Current assets
Debtors
111,085 
153,990 
Cash at bank and in hand
13,231 
- 
124,316 
153,990 
Creditors: amounts falling due within one year
(118,267)
(116,873)
Net current assets
6,049 
37,117 
Net assets
16,809 
48,957 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,709 
48,857 
Shareholders' funds
16,809 
48,957 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by
Peter Raymond Brehme Director Company Registration No. 8154128
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ORACLE LIFTS LTD. Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
ORACLE LIFTS LTD. is a private company, limited by shares, registered in England and Wales, registration number 8154128. The registered office is 54 Frensham Close, Southall, Middlesex, UB1 2YG, United Kingdom .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
33,931 
10,724 
- 
44,655 
Additions
- 
738 
687 
1,425 
At 31 July 2023
33,931 
11,462 
687 
46,080 
Depreciation
At 1 August 2022
25,136 
7,679 
- 
32,815 
Charge for the year
1,759 
609 
137 
2,505 
At 31 July 2023
26,895 
8,288 
137 
35,320 
Net book value
At 31 July 2023
7,036 
3,174 
550 
10,760 
At 31 July 2022
8,795 
3,045 
- 
11,840 
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ORACLE LIFTS LTD. Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,108 
1,835 
Trade debtors
88,698 
135,343 
Other debtors
20,279 
16,812 
111,085 
153,990 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
15,778 
7,701 
Trade creditors
78,093 
55,702 
Taxes and social security
20,764 
53,470 
Other creditors
3,632 
- 
118,267 
116,873 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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