Oakhill Support Services Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
1,833
1,833
Cash at bank and in hand
107,031
24,478
Creditors: amounts falling due within one year
(149,850)
(96,692)
Net current assets
41,688
37,900
Total assets less current liabilities
44,503
41,043
Creditors: amounts falling due after more than one year
(41,568)
(46,669)
Net assets/(liabilities)
2,935
(5,626)
Called up share capital
1
1
Profit and loss account
2,934
(5,627)
Shareholders' funds
2,935
(5,626)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 21 August 2023 and were signed on its behalf by
James Maina Gatangi
Director
Company Registration No. 11803252
Oakhill Support Services Ltd
Notes to the Accounts
for the year ended 31 March 2023
Oakhill Support Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11803252. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, 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.
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Over 5 Years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Oakhill Support Services Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
1,023
74,563
Other debtors
83,484
35,551
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
30,637
33,305
Taxes and social security
26,567
8,462
Other creditors
48,042
17,783
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 11 (2022: 11).