OAK SECURITY SYSTEMS LIMITED

Company Registration Number:
07331124 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

OAK SECURITY SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

OAK SECURITY SYSTEMS LIMITED

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

The principal activities of the company were installing security security protection for commercial premises.



Directors

The directors shown below have held office during the whole of the period from
1 November 2022 to 31 October 2023

STEVEN BROWNELL
DAWN BROWNELL


Secretary DAWN BROWNELL

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: STEVEN BROWNELL
Status: Director

OAK SECURITY SYSTEMS LIMITED

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 15,299 20,107
Total fixed assets: 15,299 20,107
Current assets
Debtors: 4 36,015 49,807
Cash at bank and in hand: 51,622 36,144
Total current assets: 87,637 85,951
Creditors: amounts falling due within one year: 5 ( 34,430 ) ( 26,242 )
Net current assets (liabilities): 53,207 59,709
Total assets less current liabilities: 68,506 79,816
Creditors: amounts falling due after more than one year: 6 ( 25,298 ) ( 36,121 )
Provision for liabilities: ( 3,274 ) ( 4,173 )
Total net assets (liabilities): 39,934 39,522
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 39,933 39,521
Total Shareholders' funds: 39,934 39,522

The notes form part of these financial statements

OAK SECURITY SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 15 August 2024
and signed on behalf of the board by:

Name: STEVEN BROWNELL
Status: Director

The notes form part of these financial statements

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced fees for services provided.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Plant & Machinery - 20% Reducing BalanceMotor Vehicle - 20% Reducing Balance

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 1,433 75,775 77,208
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 1,433 75,775 77,208
Depreciation
At 1 November 2022 1,262 55,839 57,101
Charge for year 34 4,774 4,808
On disposals
Other adjustments
At 31 October 2023 1,296 60,613 61,909
Net book value
At 31 October 2023 137 15,162 15,299
At 31 October 2022 171 19,936 20,107

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
£ £
Trade debtors 35,100 49,807
Other debtors 915
Total 36,015 49,807

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 28,210 20,898
Taxation and social security 1,172 684
Accruals and deferred income 1,046 1,713
Other creditors 4,002 2,947
Total 34,430 26,242

OAK SECURITY SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 25,298 36,121
Total 25,298 36,121