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REGISTERED NUMBER: 06025998















GREEN OAK ASSOCIATES LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

GREEN OAK ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J R Pease
Mrs S J Pease





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 06025998





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 44,159 59,248

CURRENT ASSETS
Debtors 5 5,303 7,399
Cash at bank 21,540 20,506
26,843 27,905
CREDITORS
Amounts falling due within one year 6 8,735 (110 )
NET CURRENT ASSETS 18,108 28,015
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,267

87,263

CREDITORS
Amounts falling due after more than one
year

7

38,492

42,458
NET ASSETS 23,775 44,805

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 23,675 44,705
SHAREHOLDERS' FUNDS 23,775 44,805

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by:





J R Pease - Director


GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Green Oak Associates Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

The financial statements are prepared in sterling, which is the fundamental currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Motor Vehicles - 25% on reducing balance
Computer Equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
Vehicles Equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 60,424 17,332 77,756
DEPRECIATION
At 1 January 2023 2,518 15,990 18,508
Charge for year 24,935 598 25,533
Eliminated on disposal - (10,444 ) (10,444 )
At 31 December 2023 27,453 6,144 33,597
NET BOOK VALUE
At 31 December 2023 32,971 11,188 44,159
At 31 December 2022 57,906 1,342 59,248

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
Vehicles
£   
COST
At 1 January 2023
and 31 December 2023 60,424
DEPRECIATION
At 1 January 2023 2,518
Charge for year 24,935
At 31 December 2023 27,453
NET BOOK VALUE
At 31 December 2023 32,971
At 31 December 2022 57,906

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,303 7,399

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,966 2,787
Taxation and social security 220 (7,693 )
Other creditors 4,549 4,796
8,735 (110 )

GREEN OAK ASSOCIATES LTD (REGISTERED NUMBER: 06025998)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 38,492 42,458

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S TRANSACTIONS

The following interest free loans to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
J R Pease
Balance outstanding at start of year 7,399 9,010
Amounts advanced 5,303 38,327
Amounts repaid (7,399 ) (39,938 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,303 7,399

GREEN OAK ASSOCIATES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
GREEN OAK ASSOCIATES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


10 July 2024