08386384falsesoftware developers2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2022-02-28http://www.companieshouse.gov.uk/cd:Director12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-02-28http://www.companieshouse.gov.uk/2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/cd:FRS1022022-03-012023-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-03-012023-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08386384

Oak Cottage Studios Ltd

FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28/02/2023

Prepared By:
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL11 2ER

Oak Cottage Studios Ltd

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28/02/2023
DIRECTORS
Mr Douglas Anderson
REGISTERED OFFICE
16 Moor Hill
Rochdale
Lancashire
OL11 5YB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08386384
ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL11 2ER

Oak Cottage Studios Ltd

UNAUDITED FINANCIAL STATEMENTS
FOR THEYEARENDED28/02/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Oak Cottage Studios Ltd

BALANCE SHEET AT 28/02/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3679905
CURRENT ASSETS
Cash at bank and in hand4491
4491
CREDITORS: Amounts falling due within one year46,5115,812
NET CURRENT LIABILITIES(6,467)(5,721)
TOTAL ASSETS LESS CURRENT LIABILITIES(5,788)(4,816)
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account(5,789)(4,817)
SHAREHOLDERS' FUNDS(5,788)(4,816)
For the year ending 28/02/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/11/2023 and signed on their behalf by
.............................
Mr Douglas Anderson
Director

Oak Cottage Studios Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
These financial statements have been prepared on the going concern basis despite the deficiency of net assets as the director has confirmed his willingness to support the company.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
2. EMPLOYEES
20232022
No.No.
Average number of employees11

Oak Cottage Studios Ltd

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/03/20227,1387,138
At 28/02/20237,1387,138
Depreciation
At 01/03/20226,2336,233
For the year226226
At 28/02/20236,4596,459
Net Book Amounts
At 28/02/2023679679
At 28/02/2022905905
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account6,2715,572
Accruals240240
6,5115,812
5. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
6. CONTROLLING PARTY
The Company is controlled by the director who owns 100% of the issued share capital.