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REGISTERED NUMBER: 05933945 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

OAKS C&C CARPENTRY & CONSTRUCTION LTD

OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKS C&C CARPENTRY & CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P P Cruickshank
D R Cruickshank





SECRETARY: P P Cruickshank





REGISTERED OFFICE: Unit 3 Baker & Co, Cherry Tree Nurseries
Otford Road
Sevenoaks
Kent
TN14 5DW





REGISTERED NUMBER: 05933945 (England and Wales)





ACCOUNTANTS: Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,539 41,205

CURRENT ASSETS
Stocks 7,600 12,101
Debtors 5 207,314 69,242
Cash at bank and in hand 75,727 113,930
290,641 195,273
CREDITORS
Amounts falling due within one year 6 332,698 213,598
NET CURRENT LIABILITIES (42,057 ) (18,325 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,482

22,880

CREDITORS
Amounts falling due after more than one
year

7

2,287

19,036
NET ASSETS 5,195 3,844

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 5,191 3,840
5,195 3,844

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)

BALANCE SHEET - continued
31 MARCH 2024


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 23 August 2024 and were signed on its behalf by:




D R Cruickshank - Director



P P Cruickshank - Director


OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Oaks C&C Carpentry & Construction Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover
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
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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred Tax has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with the Financial Reporting Standard 102.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 77,136 2,263 79,399
Additions 24,491 407 24,898
At 31 March 2024 101,627 2,670 104,297
DEPRECIATION
At 1 April 2023 36,598 1,596 38,194
Charge for year 16,210 354 16,564
At 31 March 2024 52,808 1,950 54,758
NET BOOK VALUE
At 31 March 2024 48,819 720 49,539
At 31 March 2023 40,538 667 41,205

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 51,931
DEPRECIATION
At 1 April 2023 19,285
Charge for year 8,162
At 31 March 2024 27,447
NET BOOK VALUE
At 31 March 2024 24,484
At 31 March 2023 32,646

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,800 -
Amounts owed by group undertakings 150,883 -
Other debtors 54,631 69,242
207,314 69,242

OAKS C&C CARPENTRY & CONSTRUCTION LTD (REGISTERED NUMBER: 05933945)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 16,749 7,645
Trade creditors 29,054 18,527
Amounts owed to group undertakings - 91,804
Taxation and social security 138,658 59,832
Other creditors 148,237 35,790
332,698 213,598

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 2,287 19,036

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
D R Cruickshank
Balance outstanding at start of year 15,000 -
Amounts advanced - 15,000
Amounts repaid (15,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 15,000

9. RELATED PARTY DISCLOSURES

During the year the company traded with Oaks Construction Enterprises Ltd. Oaks Construction Enterprises Ltd represents the holding company within this group of companies and all are controlled by common directorate.

31.3.24 31.3.23
£ £

Services provided by Oaks Construction Enterprises Ltd 80,000 80,000



Balance owed from Oaks Construction Enterprises Ltd 0 0

During the year the company advanced loans.
31.3.24 31.3.23
£ £

Balance owed (to)/from Oaks Construction Enterprises Ltd 150,883 -91,804