Company Registration No. 10441679 (England and Wales)
Oak Lodge Burton Ltd
Unaudited accounts
for the year ended 31 March 2023
Oak Lodge Burton Ltd
Unaudited accounts
Contents
Oak Lodge Burton Ltd
Company Information
for the year ended 31 March 2023
Directors
Kashif Kiani
Amir Abbasi
Company Number
10441679 (England and Wales)
Registered Office
Unit 6 Barberry Court Parkway
Centrum One Hundred
Burton-On-Trent
DE14 2UE
England
Oak Lodge Burton Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
373,738
379,755
Cash at bank and in hand
33,467
18,802
Creditors: amounts falling due within one year
(214,167)
(311,297)
Net current (liabilities)/assets
(8,523)
129,693
Total assets less current liabilities
365,215
509,448
Creditors: amounts falling due after more than one year
(266,362)
(298,268)
Called up share capital
1,000
1,000
Profit and loss account
97,853
210,180
Shareholders' funds
98,853
211,180
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 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 15 September 2023 and were signed on its behalf by
Kashif Kiani
Director
Company Registration No. 10441679
Oak Lodge Burton Ltd
Notes to the Accounts
for the year ended 31 March 2023
Oak Lodge Burton Ltd is a private company, limited by shares, registered in England and Wales, registration number 10441679. The registered office is Unit 6 Barberry Court Parkway, Centrum One Hundred, Burton-On-Trent, DE14 2UE, England.
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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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% Straight Line
Motor vehicles
33% Straight Line
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
369,022
3,092
16,360
388,474
At 31 March 2023
369,022
3,092
16,360
388,474
At 1 April 2022
-
1,967
6,752
8,719
Charge for the year
-
618
5,399
6,017
At 31 March 2023
-
2,585
12,151
14,736
At 31 March 2023
369,022
507
4,209
373,738
At 31 March 2022
369,022
1,125
9,608
379,755
Oak Lodge Burton Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
111,968
353,077
Other debtors
60,209
69,111
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
44,976
44,975
Trade creditors
56,408
112,005
Taxes and social security
87,225
132,800
Other creditors
25,558
21,517
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans
266,362
298,268
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Average number of employees
During the year the average number of employees was 11 (2022: 12).