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REGISTERED NUMBER: 04101819 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

OAKER CONSTRUCTION LTD

OAKER CONSTRUCTION LTD (REGISTERED NUMBER: 04101819)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKER CONSTRUCTION LTD

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: Mr G R Wheeler





SECRETARY: Mrs S D Wheeler





REGISTERED OFFICE: First Floor
677 High Road
North Finchley
London
N12 0DA





REGISTERED NUMBER: 04101819 (England and Wales)





ACCOUNTANTS: Bramil Associates LLP
First Floor
677 High Road
North Finchley
London
N12 0DA

OAKER CONSTRUCTION LTD (REGISTERED NUMBER: 04101819)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,461 7,602

CURRENT ASSETS
Debtors 5 5,338 8,268
Cash at bank 3,849 -
9,187 8,268
CREDITORS
Amounts falling due within one year 6 7,719 4,859
NET CURRENT ASSETS 1,468 3,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,929

11,011

CREDITORS
Amounts falling due after more than one
year

7

6,855

10,907
NET ASSETS 1,074 104

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 974 4
SHAREHOLDERS' FUNDS 1,074 104

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

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

OAKER CONSTRUCTION LTD (REGISTERED NUMBER: 04101819)

BALANCE SHEET - continued
31 December 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 5 February 2024 and were signed by:





Mr G R Wheeler - Director


OAKER CONSTRUCTION LTD (REGISTERED NUMBER: 04101819)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Oaker Construction Ltd 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

OAKER CONSTRUCTION LTD (REGISTERED NUMBER: 04101819)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 1,036 16,428 2,130 19,594
DEPRECIATION
At 1 January 2023 992 8,870 2,130 11,992
Charge for year 7 1,134 - 1,141
At 31 December 2023 999 10,004 2,130 13,133
NET BOOK VALUE
At 31 December 2023 37 6,424 - 6,461
At 31 December 2022 44 7,558 - 7,602

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 2,930
Other debtors 1,835 1,835
Tax 3,503 3,503
5,338 8,268

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 3,636 3,692
Trade creditors 2 1
Tax 4,020 1,091
Directors' current accounts 61 75
7,719 4,859

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 6,855 10,907

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Directors Loan was repaid on 31st August, 2021.