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REGISTERED NUMBER: 06510854 (England and Wales)















OAKVIEW WINDOW COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2023






OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

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


OAKVIEW WINDOW COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mr M Czapla
Mr M Sanecki





SECRETARY: Mr M Czapla





REGISTERED OFFICE: Hale House, Unit 5
296a Green Lanes
Palmers Green
London
N13 5TP





REGISTERED NUMBER: 06510854 (England and Wales)





ACCOUNTANTS: T. PA Accountancy Services Limited
Hale House
Unit 5
296a Green Lanes
Palmers Green
London
N13 5TP

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,959 44,949
Investments 5 278,468 308,468
314,427 353,417

CURRENT ASSETS
Stocks 6 20,560 15,690
Debtors 7 165,451 342,525
Cash at bank and in hand 647,721 123,605
833,732 481,820
CREDITORS
Amounts falling due within one year 8 200,046 133,694
NET CURRENT ASSETS 633,686 348,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

948,113

701,543

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 948,112 701,542
SHAREHOLDERS' FUNDS 948,113 701,543

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 directors acknowledge their 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.

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

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 Board of Directors and authorised for issue on 4 May 2023 and were signed on its behalf by:





Mr M Czapla - Director


OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Oakview Window Company 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022
and 28 February 2023 85,666 3,308 63,800 9,140 161,914
DEPRECIATION
At 1 March 2022 62,171 2,075 47,034 5,685 116,965
Charge for year 4,699 247 3,353 691 8,990
At 28 February 2023 66,870 2,322 50,387 6,376 125,955
NET BOOK VALUE
At 28 February 2023 18,796 986 13,413 2,764 35,959
At 28 February 2022 23,495 1,233 16,766 3,455 44,949

5. FIXED ASSET INVESTMENTS
Loans to
associates
£   
At 1 March 2022 308,468
Repayment in year (30,000 )
At 28 February 2023 278,468

6. STOCKS
2023 2022
£    £   
Work-in-progress 20,560 15,690

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 155,451 332,525
Prepayments 10,000 10,000
165,451 342,525

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 72,216 86,412
Corporation tax payable 59,744 30,272
Social security and other taxes 11,614 11,645
VAT 54,198 3,091
Directors' current accounts 74 74
Accrued expenses 2,200 2,200
200,046 133,694

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 March 2022 701,542
Profit for the year 246,570
At 28 February 2023 948,112