1 April 2022 false No description of principal activity Taxfiler 2023.10 7208311business:PrivateLimitedCompanyLtd2022-04-012023-03-31 72083112022-03-31 72083112022-04-012023-03-31 7208311business:AuditExemptWithAccountantsReport2022-04-012023-03-31 7208311business:FilletedAccounts2022-04-012023-03-31 72083112023-03-31 7208311business:Director12022-04-012023-03-31 7208311business:Director22022-04-012023-03-31 7208311business:RegisteredOffice2022-04-012023-03-31 72083112022-03-31 7208311core:WithinOneYear2023-03-31 7208311core:WithinOneYear2022-03-31 7208311core:AfterOneYear2023-03-31 7208311core:AfterOneYear2022-03-31 7208311core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 7208311core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 7208311core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 7208311core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 7208311core:PreviouslyStatedAmount2023-03-31 7208311core:PreviouslyStatedAmount2022-03-31 7208311business:SmallEntities2022-04-012023-03-31 7208311countries:EnglandWales2022-04-012023-03-31 7208311core:PlantMachinery2022-04-012023-03-31 7208311core:MotorVehicles2022-04-012023-03-31 7208311core:FurnitureFittings2022-04-012023-03-31 7208311core:ComputerEquipment2022-04-012023-03-31 7208311core:PlantMachinery2022-03-31 7208311core:MotorVehicles2022-03-31 7208311core:FurnitureFittings2022-03-31 7208311core:ComputerEquipment2022-03-31 7208311core:PlantMachinery2023-03-31 7208311core:MotorVehicles2023-03-31 7208311core:FurnitureFittings2023-03-31 7208311core:ComputerEquipment2023-03-31 7208311business:OrdinaryShareClass12022-04-012023-03-31 7208311business:OrdinaryShareClass12021-04-012022-03-31 72083112021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 7208311 (England and Wales)
Oakdene Finishes Limited Unaudited accounts for the year ended 31 March 2023
Oakdene Finishes Limited Unaudited accounts Contents
Page
- 2 -
Oakdene Finishes Limited Company Information for the year ended 31 March 2023
Directors
D J Higgs J K Higgs
Company Number
7208311 (England and Wales)
Registered Office
Winterton House High Street Westerham TN16 1AQ
Accountants
Le Forts Winterton House, First Floor West High Street Westerham Kent TN16 1AQ
- 3 -
Oakdene Finishes Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,875 
28,984 
Current assets
Inventories
3,500 
3,500 
Debtors
1,282,749 
541,931 
Cash at bank and in hand
2,620,793 
877,993 
3,907,042 
1,423,424 
Creditors: amounts falling due within one year
(664,004)
(376,770)
Net current assets
3,243,038 
1,046,654 
Total assets less current liabilities
3,273,913 
1,075,638 
Creditors: amounts falling due after more than one year
(75,064)
(104,133)
Provisions for liabilities
Deferred tax
(5,866)
(5,507)
Net assets
3,192,983 
965,998 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,192,883 
965,898 
Shareholders' funds
3,192,983 
965,998 
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 12 October 2023 and were signed on its behalf by
D J Higgs Director Company Registration No. 7208311
- 4 -
Oakdene Finishes Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Oakdene Finishes Limited is a private company, limited by shares, registered in England and Wales, registration number 7208311. The registered office is Winterton House, High Street, Westerham, TN16 1AQ.
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.
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:
Plant & machinery
25% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
Computer equipment
25% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
22,454 
58,988 
1,685 
6,086 
89,213 
Additions
6,392 
- 
- 
5,791 
12,183 
Disposals
- 
(9,695)
- 
- 
(9,695)
At 31 March 2023
28,846 
49,293 
1,685 
11,877 
91,701 
Depreciation
At 1 April 2022
13,743 
42,391 
1,152 
2,943 
60,229 
Charge for the year
3,776 
4,149 
133 
2,234 
10,292 
On disposals
- 
(9,695)
- 
- 
(9,695)
At 31 March 2023
17,519 
36,845 
1,285 
5,177 
60,826 
Net book value
At 31 March 2023
11,327 
12,448 
400 
6,700 
30,875 
At 31 March 2022
8,711 
16,597 
533 
3,143 
28,984 
- 5 -
Oakdene Finishes Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
191,987 
133,070 
Trade debtors
809,747 
175,778 
Accrued income and prepayments
1,000 
- 
Other debtors
280,015 
233,083 
1,282,749 
541,931 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
38,238 
38,367 
Trade creditors
12,324 
168,146 
Taxes and social security
605,487 
164,198 
Other creditors
5,605 
3,709 
Accruals
2,350 
2,350 
664,004 
376,770 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
75,064 
104,133 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
During the year the shareholders withdrew £252,414 in dividends.
10
Average number of employees
During the year the average number of employees was 8 (2022: 7).
- 6 -