Company Registration No. 09309496 (England and Wales)
Oakfield Arboricultural Services Limited
Unaudited accounts
for the period from 1 January 2023 to 31 March 2024
Oakfield Arboricultural Services Limited
Unaudited accounts
Contents
Oakfield Arboricultural Services Limited
Company Information
for the period from 1 January 2023 to 31 March 2024
Director
Mr. Stephen Milligan
Company Number
09309496 (England and Wales)
Registered Office
Whiteheath Cottage
Whiteheath Road
Bergh Apton
Norfolk
NR15 1AY
United Kingdom
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
Oakfield Arboricultural Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
5,121
8,165
Cash at bank and in hand
15,437
13,492
Creditors: amounts falling due within one year
(44,218)
(35,045)
Net current assets
95,700
73,945
Total assets less current liabilities
100,821
82,110
Creditors: amounts falling due after more than one year
(4,363)
(8,729)
Provisions for liabilities
Deferred tax
(5,547)
(4,969)
Called up share capital
100
100
Profit and loss account
90,811
68,312
Shareholders' funds
90,911
68,412
For the period ending 31 March 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 25 September 2024 and were signed on its behalf by
Mr. Stephen Milligan
Director
Company Registration No. 09309496
Oakfield Arboricultural Services Limited
Notes to the Accounts
for the period from 1 January 2023 to 31 March 2024
Oakfield Arboricultural Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09309496. The registered office is Whiteheath Cottage, Whiteheath Road, Bergh Apton, Norfolk, NR15 1AY, 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 period, 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.
Turnover 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 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:
Plant & machinery
25% - Reducing Balance Method
Motor vehicles
25% - Reducing Balance Method
Fixtures & fittings
25% - Reducing Balance Method
Computer equipment
33% - Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Oakfield Arboricultural Services Limited
Notes to the Accounts
for the period from 1 January 2023 to 31 March 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
320
30,750
419
2,835
34,324
At 31 March 2024
320
30,750
419
2,835
34,324
At 1 January 2023
244
23,453
345
2,117
26,159
Charge for the period
24
2,280
23
717
3,044
At 31 March 2024
268
25,733
368
2,834
29,203
At 31 March 2024
52
5,017
51
1
5,121
At 31 December 2022
76
7,297
74
718
8,165
Amounts falling due within one year
Trade debtors
14,413
4,137
Accrued income and prepayments
146
-
Other debtors
109,922
91,361
7
Creditors: amounts falling due within one year
2024
2022
Bank loans and overdrafts
3,054
4,096
Taxes and social security
33,563
26,793
Oakfield Arboricultural Services Limited
Notes to the Accounts
for the period from 1 January 2023 to 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The Company is controlled by the Director who owns 90% of the called-up share capital.
11
Average number of employees
During the period the average number of employees was 1 (2022: 1).