IRIS Accounts Production v23.3.0.418 04826672 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048266722022-03-31048266722023-03-31048266722022-04-012023-03-31048266722021-03-31048266722021-04-012022-03-31048266722022-03-3104826672ns16:EnglandWales2022-04-012023-03-3104826672ns15:PoundSterling2022-04-012023-03-3104826672ns11:Director12022-04-012023-03-3104826672ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3104826672ns11:SmallEntities2022-04-012023-03-3104826672ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3104826672ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104826672ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3104826672ns11:FullAccounts2022-04-012023-03-310482667212022-04-012023-03-3104826672ns11:CompanySecretary12022-04-012023-03-3104826672ns11:RegisteredOffice2022-04-012023-03-3104826672ns6:CurrentFinancialInstruments2022-03-3104826672ns6:CurrentFinancialInstruments2023-03-3104826672ns6:ShareCapital2022-03-3104826672ns6:ShareCapital2023-03-3104826672ns6:RetainedEarningsAccumulatedLosses2022-03-3104826672ns6:RetainedEarningsAccumulatedLosses2023-03-3104826672ns6:NetGoodwill2022-04-012023-03-3104826672ns6:PlantMachinery2022-04-012023-03-3104826672ns6:MotorVehicles2022-04-012023-03-3104826672ns6:ComputerEquipment2022-04-012023-03-3104826672ns6:NetGoodwill2022-03-3104826672ns6:NetGoodwill2023-03-3104826672ns6:NetGoodwill2022-03-3104826672ns6:PlantMachinery2022-03-3104826672ns6:MotorVehicles2022-03-3104826672ns6:ComputerEquipment2022-03-3104826672ns6:PlantMachinery2023-03-3104826672ns6:MotorVehicles2023-03-3104826672ns6:ComputerEquipment2023-03-3104826672ns6:PlantMachinery2022-03-3104826672ns6:MotorVehicles2022-03-3104826672ns6:ComputerEquipment2022-03-3104826672ns6:CostValuation2022-03-3104826672ns6:RevaluationsIncreaseDecreaseInInvestments2023-03-3104826672ns6:CostValuation2023-03-3104826672ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3104826672ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 04826672 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

A OAKENFULL GROUNDWORKS LIMITED

A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A OAKENFULL GROUNDWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: A Oakenfull





SECRETARY: Mrs D L Oakenfull





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 04826672 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

BALANCE SHEET
31 MARCH 2023

31.3.22 31.3.23
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 4 -
29,487 Tangible assets 5 19,528
100,647 Investments 6 95,817
130,134 115,345

CURRENT ASSETS
39,234 Debtors 7 1,096
159,416 Cash at bank 165,114
198,650 166,210
CREDITORS
28,452 Amounts falling due within one year 8 10,493
170,198 NET CURRENT ASSETS 155,717
300,332 TOTAL ASSETS LESS CURRENT
LIABILITIES

271,062

5,603 PROVISIONS FOR LIABILITIES 3,710
294,729 NET ASSETS 267,352

CAPITAL AND RESERVES
1 Called up share capital 1
294,728 Retained earnings 267,351
294,729 267,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

BALANCE SHEET - continued
31 MARCH 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 7 June 2023 and were signed by:





A Oakenfull - Director


A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

A Oakenfull Groundworks 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of work completed during the year, by reference to invoiced sales and the movement between opening and closing work in progress and trade debtor balances.

Goodwill
Goodwill, being the amount paid in connection with the acquistion of a business in 2004, has been fully amortisied over its estimated useful economic life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.


A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 30,000
AMORTISATION
At 1 April 2022
and 31 March 2023 30,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Totals machinery vehicles equipment
£    £    £    £   
COST
At 1 April 2022 88,069 57,354 29,065 1,650
Disposals (32,942 ) (32,650 ) - (292 )
At 31 March 2023 55,127 24,704 29,065 1,358
DEPRECIATION
At 1 April 2022 58,582 42,390 15,073 1,119
Charge for year 3,502 1,287 2,099 116
Eliminated on disposal (26,485 ) (26,262 ) - (223 )
At 31 March 2023 35,599 17,415 17,172 1,012
NET BOOK VALUE
At 31 March 2023 19,528 7,289 11,893 346
At 31 March 2022 29,487 14,964 13,992 531

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 100,647
Revaluations (4,830 )
At 31 March 2023 95,817
NET BOOK VALUE
At 31 March 2023 95,817
At 31 March 2022 100,647

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2022 2,317
Valuation in 2023 (4,830 )
Cost 98,330
95,817

A OAKENFULL GROUNDWORKS LIMITED (REGISTERED NUMBER: 04826672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors - 36,484
Other debtors 1,096 2,750
1,096 39,234

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 2,489 16,478
Taxation and social security 5,032 5,329
Other creditors 2,972 6,645
10,493 28,452