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REGISTERED NUMBER: 05973837 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

O J C SERVICES LIMITED

O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


O J C SERVICES LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTOR: O J Cook





REGISTERED OFFICE: Hamilton Office Park
31 High View Close
Leicester
Leicestershire
LE4 9LJ





REGISTERED NUMBER: 05973837 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 39,881 52,110
39,881 52,110

CURRENT ASSETS
Debtors 6 43,892 45,211
Cash at bank and in hand 6,837 8,481
50,729 53,692
CREDITORS
Amounts falling due within one year 7 25,506 18,522
NET CURRENT ASSETS 25,223 35,170
TOTAL ASSETS LESS CURRENT LIABILITIES 65,104 87,280

CREDITORS
Amounts falling due after more than
one year

8

(40,003

)

(50,654

)

PROVISIONS FOR LIABILITIES (1,500 ) (1,500 )
NET ASSETS 23,601 35,126

CAPITAL AND RESERVES
Called up share capital 34,798 34,798
Retained earnings (11,197 ) 328
23,601 35,126

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

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

O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

BALANCE SHEET - continued
31 October 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 23 July 2024 and were signed by:





O J Cook - Director


O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

O J C Services 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.

Going concern
The financial statements have been prepared on a going concern basis. The director is of the opinion that the company will have access to sufficient funds to enable it to continue trading for at least one year from the date of signing the balance sheet..

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 2012, is being amortised evenly over its estimated useful life of ten 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 - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.


O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


2. ACCOUNTING POLICIES - continued
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.

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.

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 11 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 30,000
AMORTISATION
At 1 November 2022
and 31 October 2023 30,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022
and 31 October 2023 6,316 7,254 47,498 2,526 63,594
DEPRECIATION
At 1 November 2022 4,612 3,068 1,406 2,398 11,484
Charge for year 256 418 11,523 32 12,229
At 31 October 2023 4,868 3,486 12,929 2,430 23,713
NET BOOK VALUE
At 31 October 2023 1,448 3,768 34,569 96 39,881
At 31 October 2022 1,704 4,186 46,092 128 52,110

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2022
and 31 October 2023 43,498
DEPRECIATION
At 1 November 2022
and 31 October 2023 906
NET BOOK VALUE
At 31 October 2023 42,592
At 31 October 2022 42,592

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 35,027 37,385
Other debtors 8,865 7,826
43,892 45,211

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,093 5,813
Hire purchase contracts 4,710 4,710
Taxation and social security 8,909 4,490
Other creditors 5,794 3,509
25,506 18,522

O J C SERVICES LIMITED (REGISTERED NUMBER: 05973837)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 10,779 16,872
Hire purchase contracts 29,224 33,782
40,003 50,654

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 33,934 38,492

The hire purchase liabilities are secured over the assets to which they relate.

10. RELATED PARTY DISCLOSURES

Included in other creditors is a loan from the director of £4,459 (2022- £2,298)
This loan is interest free and repayable on demand.