Company Registration No. 12694090 (England and Wales)
OAKFLOORING LTD
Filleted accounts
for the year ended 30 June 2024
OAKFLOORING LTD
Filleted accounts
Contents
OAKFLOORING LTD
Company Information
for the year ended 30 June 2024
Director
Zydrunas Lankelis
Company Number
12694090 (England and Wales)
Registered Office
5 COLLEGE COURT
3 SCHOLARS WAY
ROMFORD
ESSEX
RM2 5UQ
UNITED KINGDOM
OAKFLOORING LTD
Statement of financial position
as at 30 June 2024
Tangible assets
32,513
41,426
Cash at bank and in hand
3,989
13,021
Creditors: amounts falling due within one year
(27,000)
(37,500)
Net current assets
16,235
764
Called up share capital
100
100
Profit and loss account
48,648
42,090
Shareholders' funds
48,748
42,190
For the year ending 30 June 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
Zydrunas Lankelis
Director
Company Registration No. 12694090
OAKFLOORING LTD
Notes to the Accounts
for the year ended 30 June 2024
OAKFLOORING LTD is a private company, limited by shares, registered in England and Wales, registration number 12694090. The registered office is 5 COLLEGE COURT, 3 SCHOLARS WAY, ROMFORD, ESSEX, RM2 5UQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
13,064
31,500
44,564
At 30 June 2024
13,064
31,500
44,564
At 1 July 2023
3,138
-
3,138
Charge for the year
2,613
6,300
8,913
At 30 June 2024
5,751
6,300
12,051
At 30 June 2024
7,313
25,200
32,513
At 30 June 2023
9,926
31,500
41,426
Amounts falling due within one year
Other debtors
30,181
15,863
OAKFLOORING LTD
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
24,281
37,500
Taxes and social security
2,719
-
7
Average number of employees
During the year the average number of employees was 3 (2023: 1).