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Company Registration No. 12433535 (England and Wales)
Oak & Pax Limited accounts for the year ended 31 January 2024
Oak & Pax Limited accounts Contents
Page
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Oak & Pax Limited Company Information for the year ended 31 January 2024
Director
Omolola Odunsi
Company Number
12433535 (England and Wales)
Registered Office
66 HORLEY ROAD REDHILL RH1 5AB SURREY RH1 5AB UNITED KINGDOM
Accountants
Ebenezer Accounting Services Ltd 17 Wisborough Court Crawley West Sussex RH11 8UN
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Oak & Pax Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,408 
28,546 
Current assets
Debtors
6,072 
- 
Cash at bank and in hand
15,688 
3,490 
21,760 
3,490 
Creditors: amounts falling due within one year
- 
(298)
Net current assets
21,760 
3,192 
Total assets less current liabilities
45,168 
31,738 
Creditors: amounts falling due after more than one year
(50,099)
(50,000)
Net liabilities
(4,931)
(18,262)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(4,932)
(18,263)
Shareholders' funds
(4,931)
(18,262)
For the year ending 31 January 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 17 October 2024 and were signed on its behalf by
Omolola Odunsi Director Company Registration No. 12433535
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Oak & Pax Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Oak & Pax Limited is a private company, limited by shares, registered in England and Wales, registration number 12433535. The registered office is 66 HORLEY ROAD, REDHILL, RH1 5AB, SURREY, RH1 5AB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
18% Reducing balancing method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
42,454 
At 31 January 2024
42,454 
Depreciation
At 1 February 2023
13,908 
Charge for the year
5,138 
At 31 January 2024
19,046 
Net book value
At 31 January 2024
23,408 
At 31 January 2023
28,546 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
6,072 
- 
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Oak & Pax Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
- 
298 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
50,099 
50,000 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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