Acorah Software Products - Accounts Production 15.0.500 false true true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 04685090 Mrs H Gray Mr R Gray Mrs H Gray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04685090 2022-06-30 04685090 2023-06-30 04685090 2022-07-01 2023-06-30 04685090 frs-core:CurrentFinancialInstruments 2023-06-30 04685090 frs-core:Non-currentFinancialInstruments 2023-06-30 04685090 frs-core:ComputerEquipment 2023-06-30 04685090 frs-core:ComputerEquipment 2022-07-01 2023-06-30 04685090 frs-core:ComputerEquipment 2022-06-30 04685090 frs-core:FurnitureFittings 2023-06-30 04685090 frs-core:FurnitureFittings 2022-07-01 2023-06-30 04685090 frs-core:FurnitureFittings 2022-06-30 04685090 frs-core:NetGoodwill 2023-06-30 04685090 frs-core:NetGoodwill 2022-07-01 2023-06-30 04685090 frs-core:NetGoodwill 2022-06-30 04685090 frs-core:MotorVehicles 2023-06-30 04685090 frs-core:MotorVehicles 2022-07-01 2023-06-30 04685090 frs-core:MotorVehicles 2022-06-30 04685090 frs-core:PlantMachinery 2023-06-30 04685090 frs-core:PlantMachinery 2022-07-01 2023-06-30 04685090 frs-core:PlantMachinery 2022-06-30 04685090 frs-core:ShareCapital 2023-06-30 04685090 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04685090 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 04685090 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 04685090 frs-bus:SmallEntities 2022-07-01 2023-06-30 04685090 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 04685090 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 04685090 frs-bus:Director1 2022-07-01 2023-06-30 04685090 frs-bus:Director2 2022-07-01 2023-06-30 04685090 frs-bus:CompanySecretary1 2022-07-01 2023-06-30 04685090 frs-countries:EnglandWales 2022-07-01 2023-06-30 04685090 2021-06-30 04685090 2022-06-30 04685090 2021-07-01 2022-06-30 04685090 frs-core:CurrentFinancialInstruments 2022-06-30 04685090 frs-core:Non-currentFinancialInstruments 2022-06-30 04685090 frs-core:ShareCapital 2022-06-30 04685090 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: 04685090
Oak Leaf Tree Services Limited
Unaudited Financial Statements
For The Year Ended 30 June 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04685090
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 10,192 8,092
10,192 8,092
CURRENT ASSETS
Debtors 6 3,684 11,139
3,684 11,139
Creditors: Amounts Falling Due Within One Year 7 (165,351 ) (153,333 )
NET CURRENT ASSETS (LIABILITIES) (161,667 ) (142,194 )
TOTAL ASSETS LESS CURRENT LIABILITIES (151,475 ) (134,102 )
Creditors: Amounts Falling Due After More Than One Year 8 (39,500 ) (45,500 )
NET LIABILITIES (190,975 ) (179,602 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (191,075 ) (179,702 )
SHAREHOLDERS' FUNDS (190,975) (179,602)
Page 1
Page 2
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Profit and Loss Account.
On behalf of the board
Mrs H Gray
Director
6 August 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oak Leaf Tree Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04685090 . The registered office is 2 The Old Estate Yard High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention 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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate with the financial support of the directors. As at the balance sheet date the directors were owed an amount of £120,852 (2022: £105,909) this loan is interest free and will not be repaid until such time that the company has sufficient funds to make repayment.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is now fully amortised.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2022 3,584
As at 30 June 2023 3,584
Amortisation
As at 1 July 2022 3,584
As at 30 June 2023 3,584
...CONTINUED
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Net Book Value
As at 30 June 2023 -
As at 1 July 2022 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2022 98,041 20,270 4,010 3,125 125,446
Additions 5,521 - - - 5,521
As at 30 June 2023 103,562 20,270 4,010 3,125 130,967
Depreciation
As at 1 July 2022 90,674 19,767 3,993 2,920 117,354
Provided during the period 3,222 126 5 68 3,421
As at 30 June 2023 93,896 19,893 3,998 2,988 120,775
Net Book Value
As at 30 June 2023 9,666 377 12 137 10,192
As at 1 July 2022 7,367 503 17 205 8,092
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,684 11,139
3,684 11,139
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 14,722 16,844
Bank loans and overdrafts 16,918 15,504
VAT 5,941 7,206
Other creditors 5,680 6,497
Accruals and deferred income 1,238 1,373
Directors' loan accounts 120,852 105,909
165,351 153,333
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loans 39,500 45,500
39,500 45,500
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9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5