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REGISTERED NUMBER: 10351475 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023

FOR

STRANGE OAK LIMITED

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STRANGE OAK LIMITED

COMPANY INFORMATION
for the year ended 30 September 2023







DIRECTOR: A Sargent





SECRETARY: J M L Oakley





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 10351475 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 223,190 115,793
223,190 115,793

CURRENT ASSETS
Debtors 6 134,272 91,840
Cash at bank 82,081 67,709
216,353 159,549
CREDITORS
Amounts falling due within one year 7 125,310 103,360
NET CURRENT ASSETS 91,043 56,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,233

171,982

CREDITORS
Amounts falling due after more than one
year

8

(111,965

)

(67,531

)

PROVISIONS FOR LIABILITIES (39,944 ) (19,280 )
NET ASSETS 162,324 85,171

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 162,323 85,170
162,324 85,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

BALANCE SHEET - continued
30 September 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 8 March 2024 and were signed by:





A Sargent - Director


STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Strange Oak 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% straight line basis

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.

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 20 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 40,930
AMORTISATION
At 1 October 2022
and 30 September 2023 40,930
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 390,251
Additions 172,763
At 30 September 2023 563,014
DEPRECIATION
At 1 October 2022 274,458
Charge for year 65,366
At 30 September 2023 339,824
NET BOOK VALUE
At 30 September 2023 223,190
At 30 September 2022 115,793

The net book value of tangible fixed assets includes £ 158,371 (2022 - £ 59,022 ) in respect of assets held under hire purchase contracts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 134,272 91,764
Other debtors - 76
134,272 91,840

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,085 9,830
Hire purchase contracts 37,312 24,410
Trade creditors 28,280 21,967
Taxation and social security 42,863 42,823
Other creditors 6,770 4,330
125,310 103,360

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 17,375 27,460
Hire purchase contracts 94,590 40,071
111,965 67,531

STRANGE OAK LIMITED (REGISTERED NUMBER: 10351475)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 131,902 64,481

A fixed and floating charge over all of the property or undertaking of the company. This charge includes a negative pledge, dated 16th June 2017.

10. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions, including dividend payments to it's shareholders.