1 April 2022 false Taxfiler 2023.9.1 06034418business:PrivateLimitedCompanyLtd2022-04-012023-03-31 060344182022-03-31 060344182022-04-012023-03-31 06034418business:AuditExemptWithAccountantsReport2022-04-012023-03-31 06034418business:FilletedAccounts2022-04-012023-03-31 060344182023-03-31 06034418business:Director12022-04-012023-03-31 06034418business:CompanySecretary12022-04-012023-03-31 06034418business:RegisteredOffice2022-04-012023-03-31 060344182022-03-31 06034418core:WithinOneYear2023-03-31 06034418core:WithinOneYear2022-03-31 06034418core:AfterOneYear2023-03-31 06034418core:AfterOneYear2022-03-31 06034418core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06034418core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 06034418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06034418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 06034418core:PreviouslyStatedAmount2023-03-31 06034418core:PreviouslyStatedAmount2022-03-31 06034418business:SmallEntities2022-04-012023-03-31 06034418countries:EnglandWales2022-04-012023-03-31 06034418core:Goodwill2022-03-31 06034418core:Goodwill2023-03-31 06034418core:FurnitureFittings2022-03-31 06034418core:FurnitureFittings2023-03-31 06034418core:FurnitureFittings2022-04-012023-03-31 06034418core:AdditionsToInvestments2023-03-31 06034418business:OrdinaryShareClass12022-04-012023-03-31 06034418business:OrdinaryShareClass12021-04-012022-03-31 060344182021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06034418 (England and Wales)
Oakdene Construction (UK) Limited Unaudited accounts for the year ended 31 March 2023
Oakdene Construction (UK) Limited Unaudited accounts Contents
Page
- 2 -
Oakdene Construction (UK) Limited Company Information for the year ended 31 March 2023
Director
Mr Mathew Hussey
Secretary
Power Secretaries Limited
Company Number
06034418 (England and Wales)
Registered Office
8C High Street Southampton Hampshire SO14 2DH United Kingdom
Accountants
Power Accountax Limited Mailbox 3, Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
- 3 -
Oakdene Construction (UK) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
544 
726 
Investments
360,000 
- 
360,544 
726 
Current assets
Inventories
1,550,000 
2,485,000 
Debtors
- 
9,311 
Cash at bank and in hand
1,518,672 
770,273 
3,068,672 
3,264,584 
Creditors: amounts falling due within one year
(403,398)
(15,062)
Net current assets
2,665,274 
3,249,522 
Total assets less current liabilities
3,025,818 
3,250,248 
Creditors: amounts falling due after more than one year
(473,136)
(732,477)
Net assets
2,552,682 
2,517,771 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
2,552,672 
2,517,761 
Shareholders' funds
2,552,682 
2,517,771 
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 12 June 2023 and were signed on its behalf by
Mr Mathew Hussey Director Company Registration No. 06034418
- 4 -
Oakdene Construction (UK) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Oakdene Construction (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 06034418. The registered office is 8C High Street, Southampton, Hampshire, SO14 2DH, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
110,000 
At 31 March 2023
110,000 
Amortisation
At 1 April 2022
110,000 
At 31 March 2023
110,000 
Net book value
At 31 March 2023
- 
- 5 -
Oakdene Construction (UK) Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,640 
At 31 March 2023
5,640 
Depreciation
At 1 April 2022
4,914 
Charge for the year
182 
At 31 March 2023
5,096 
Net book value
At 31 March 2023
544 
At 31 March 2022
726 
6
Investments
Other investments 
£ 
Valuation at 1 April 2022
- 
Additions
360,000 
Valuation at 31 March 2023
360,000 
Oakdene Construction purchased shares in Wren Project Ltd on 14/12/2022
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,311 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Amounts owed to group undertakings and other participating interests
380,648 
- 
Taxes and social security
22,338 
5,239 
Other creditors
(11,701)
(225)
Loans from directors
2,113 
48 
403,398 
15,062 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
473,136 
732,477 
- 6 -
Oakdene Construction (UK) Limited Notes to the Accounts for the year ended 31 March 2023
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
11
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 7 -