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REGISTERED NUMBER: 06839661 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Oliver John Contracts and Maintenance
Limited

Oliver John Contracts and Maintenance
Limited (Registered number: 06839661)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oliver John Contracts and Maintenance
Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: M Farmer





SECRETARY: Mrs K Smith





REGISTERED OFFICE: 1 Luck Farm
Vicarage Lane
Burwash Common
Etchingham
East Sussex
TN19 7LP





REGISTERED NUMBER: 06839661 (England and Wales)





ACCOUNTANTS: NCR Accountancy Services
61 Oaklands
Westham
Pevensey
East Sussex
BN24 5AW

Oliver John Contracts and Maintenance
Limited (Registered number: 06839661)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,057 19,481

CURRENT ASSETS
Stocks 28,607 174,495
Debtors 5 114,946 287,066
Cash at bank 917,998 744,862
1,061,551 1,206,423
CREDITORS
Amounts falling due within one year 6 442,469 766,573
NET CURRENT ASSETS 619,082 439,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

670,139

459,331

CAPITAL AND RESERVES
Called up share capital 3 3
Share premium (276,375 ) (276,375 )
Retained earnings 946,511 735,703
670,139 459,331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Oliver John Contracts and Maintenance
Limited (Registered number: 06839661)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





M Farmer - Director


Oliver John Contracts and Maintenance
Limited (Registered number: 06839661)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Oliver John Contracts and Maintenance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Oliver John Contracts and Maintenance
Limited (Registered number: 06839661)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2022 17,740 11,453 73,665 102,858
Additions - - 46,309 46,309
Disposals - - (9,875 ) (9,875 )
At 28 February 2023 17,740 11,453 110,099 139,292
DEPRECIATION
At 1 March 2022 10,846 9,009 63,522 83,377
Charge for year 687 244 3,927 4,858
At 28 February 2023 11,533 9,253 67,449 88,235
NET BOOK VALUE
At 28 February 2023 6,207 2,200 42,650 51,057
At 28 February 2022 6,894 2,444 10,143 19,481

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 97,546 269,666
Other debtors 17,400 17,400
114,946 287,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 329,577 229,786
Taxation and social security 7,281 71,176
Other creditors 105,611 465,611
442,469 766,573