OLD OAK GARAGE LTD

Company Registration Number:
06969243 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

OLD OAK GARAGE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

OLD OAK GARAGE LTD

Company Information

for the Period Ended 31 July 2023




Director: J POPAL
Registered office: 260
Old Oak Common Lane
London
NW10 6DT
Company Registration Number: 06969243 (England and Wales)

OLD OAK GARAGE LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 30,641 40,351
Total fixed assets: 30,641 40,351
Current assets
Stocks: 17,345 17,345
Debtors: 5 8,700 8,700
Cash at bank and in hand: 16,993 5,980
Total current assets: 43,038 32,025
Creditors: amounts falling due within one year: 6 ( 14,163 ) ( 18,087 )
Net current assets (liabilities): 28,875 13,938
Total assets less current liabilities: 59,516 54,289
Creditors: amounts falling due after more than one year: 7 ( 112,560 ) ( 115,903 )
Total net assets (liabilities): ( 53,044 ) ( 61,614 )

The notes form part of these financial statements

OLD OAK GARAGE LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 53,144 ) ( 61,714 )
Shareholders funds: ( 53,044 ) ( 61,614 )

For the year ending 31 July 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.

This report was approved by the board of directors on 16 October 2024
And Signed On Behalf Of The Board By:

Name: J POPAL
Status: Director

The notes form part of these financial statements

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 6 7

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 August 2022 28,966 64,635 93,601
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2023 28,966 64,635 93,601
Depreciation
At 01 August 2022 17,802 35,448 53,250
Charge for year 2,121 7,589 9,710
On disposals - - -
Other adjustments - - -
At 31 July 2023 19,923 43,037 62,960
Net book value
At 31 July 2023 9,043 21,598 30,641
At 31 July 2022 11,164 29,187 40,351

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Other debtors 8,700 8,700
Total 8,700 8,700

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 8,411 10,143
Accruals and deferred income 5,752 7,944
Total 14,163 18,087

OLD OAK GARAGE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 36,426 39,818
Amounts due under finance leases and hire purchase contracts 29,959 34,655
Other creditors 46,175 41,430
Total 112,560 115,903