IRIS Accounts Production v23.3.0.418 03261145 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032611452022-03-31032611452023-03-31032611452022-04-012023-03-31032611452021-03-31032611452021-04-012022-03-31032611452022-03-3103261145ns10:Originalns15:EnglandWales2022-04-012023-03-3103261145ns14:PoundSterlingns10:Original2022-04-012023-03-3103261145ns10:Originalns10:Director12022-04-012023-03-3103261145ns10:Original2022-04-012023-03-3103261145ns10:Original2023-03-3103261145ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3103261145ns10:Originalns10:SmallEntities2022-04-012023-03-3103261145ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3103261145ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103261145ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3103261145ns10:Originalns10:FullAccounts2022-04-012023-03-3103261145ns10:CompanySecretary1ns10:Original2022-04-012023-03-3103261145ns10:Originalns10:RegisteredOffice2022-04-012023-03-3103261145ns10:Original2022-03-3103261145ns10:Originalns5:CurrentFinancialInstruments2023-03-3103261145ns10:Originalns5:CurrentFinancialInstruments2022-03-3103261145ns5:ShareCapitalns10:Original2023-03-3103261145ns5:ShareCapitalns10:Original2022-03-3103261145ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3103261145ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3103261145ns10:Originalns5:PlantMachinery2022-04-012023-03-3103261145ns10:Original2021-04-012022-03-3103261145ns10:Originalns5:PlantMachinery2022-03-3103261145ns10:Originalns5:PlantMachinery2023-03-3103261145ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103261145ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 03261145 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2023

for

Oracle Implementations Limited

Oracle Implementations Limited (Registered number: 03261145)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Oracle Implementations Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: M R Wilkes





SECRETARY: Mrs S A E Wilkes





REGISTERED OFFICE: 28 Hearne Road
Chiswick
London
W4 3NJ





REGISTERED NUMBER: 03261145 (England and Wales)





ACCOUNTANTS: Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
CO5 9PY

Oracle Implementations Limited (Registered number: 03261145)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 5 1,092 1,092
Cash at bank 9,699 20,860
10,791 21,952
CREDITORS
Amounts falling due within one year 6 15,820 6,946
NET CURRENT (LIABILITIES)/ASSETS (5,029 ) 15,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,029

)

15,006

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,129 ) 14,906
SHAREHOLDERS' FUNDS (5,029 ) 15,006

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.

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 14 March 2024 and were signed by:





M R Wilkes - Director


Oracle Implementations Limited (Registered number: 03261145)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Oracle Implementations 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.

This is the first year that the company has presented its results under FRS 102 section 1A. The last set of financial statements under UK GAAP were for the year to 30 November 2016. The date of transition to FRS 102 section 1A was 1 December 2016. There are no transitional adjustments arising from the first time adoption of FRS 102 section 1A.

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 etc - 25% on cost and Straight line over 3 years

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Oracle Implementations Limited (Registered number: 03261145)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 13,365
DEPRECIATION
At 1 April 2022
and 31 March 2023 13,365
NET BOOK VALUE
At 31 March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 1,092 1,092

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1,076 168
Taxation and social security 256 606
Other creditors 14,488 6,172
15,820 6,946

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed the director M Wilkes £12,353 (2022 - £4,051) in respect of his directors' loan account. This loan is interest free and repayable on demand.

8. CONTROL

The company is controlled by its director in the current and previous year.