Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08921512 C Mayhew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08921512 2023-03-31 08921512 2024-03-31 08921512 2023-04-01 2024-03-31 08921512 frs-core:CurrentFinancialInstruments 2024-03-31 08921512 frs-core:PlantMachinery 2024-03-31 08921512 frs-core:PlantMachinery 2023-04-01 2024-03-31 08921512 frs-core:PlantMachinery 2023-03-31 08921512 frs-core:ShareCapital 2024-03-31 08921512 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08921512 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08921512 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08921512 frs-bus:SmallEntities 2023-04-01 2024-03-31 08921512 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08921512 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08921512 frs-bus:Director1 2023-04-01 2024-03-31 08921512 frs-countries:EnglandWales 2023-04-01 2024-03-31 08921512 2022-03-31 08921512 2023-03-31 08921512 2022-04-01 2023-03-31 08921512 frs-core:CurrentFinancialInstruments 2023-03-31 08921512 frs-core:ShareCapital 2023-03-31 08921512 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08921512
Under The Oak Films Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 08921512
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,057 33,253
37,057 33,253
CURRENT ASSETS
Debtors 5 1,260 3,317
Cash at bank and in hand 9,111 2,050
10,371 5,367
Creditors: Amounts Falling Due Within One Year 6 (5,869 ) (5 )
NET CURRENT ASSETS (LIABILITIES) 4,502 5,362
TOTAL ASSETS LESS CURRENT LIABILITIES 41,559 38,615
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,040 ) (6,318 )
NET ASSETS 34,519 32,297
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 34,419 32,197
SHAREHOLDERS' FUNDS 34,519 32,297
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
C Mayhew
Director
10 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Under The Oak Films Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08921512 . The registered office is 5 Stroud View Terrace, Butterrow West, Stroud, GL5 3TZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed asset, and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act
2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such
that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by
reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
incurred for work performed to date to the total estimated contract costs.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in
order to write off the assets over their estimated useful lives:
Plant & Machinery 20% reducing balance
2.4. Foreign Currencies
Presentation currency
The accounts are presented in £ sterling
2.5. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is
recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial
statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting
date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property
where the tax rate that applies to the sale of the asset is used. 
Current and deferred tax assets and liabilities are not discounted.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 44,775
Additions 11,171
As at 31 March 2024 55,946
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 11,522
Provided during the period 7,367
As at 31 March 2024 18,889
Net Book Value
As at 31 March 2024 37,057
As at 1 April 2023 33,253
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,260 3,317
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 5 5
Taxation and social security 5,864 -
5,869 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the end of the financial year the Company owed the Director £5 (2023: £5). This loan is interest free, unsecured and
repayable on demand.
Page 4