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REGISTERED NUMBER: 08368109















Financial Statements for the Year Ended 31 January 2024

for

OPHRAH OAK LTD

OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OPHRAH OAK LTD

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs L Umezie Ibegbule
K P Ibegbule





REGISTERED OFFICE: 55 Woodside Lane
Bexley
Kent
DA5 1JL





REGISTERED NUMBER: 08368109





ACCOUNTANTS: Samuelsons & Co
Chartered Certified Accountants
The Brentano Suite
Solar House
915 High Road
North Finchley
London
N12 8QJ

OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,348 7,566

CURRENT ASSETS
Cash at bank 101,594 2,020

CREDITORS
Amounts falling due within one year 5 84,344 23,683
NET CURRENT ASSETS/(LIABILITIES) 17,250 (21,663 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,598

(14,097

)

CREDITORS
Amounts falling due after more than one
year

6

11,246

16,126
NET ASSETS/(LIABILITIES) 16,352 (30,223 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 16,252 (30,323 )
SHAREHOLDERS' FUNDS 16,352 (30,223 )

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

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

OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Balance Sheet - continued
31 January 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 22 October 2024 and were signed on its behalf by:




Mrs L Umezie Ibegbule - Director



K P Ibegbule - Director


OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Ophrah Oak 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.

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.
Fixtures and fittings - 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 10,554 11,427 21,981
Additions 2,710 2,594 5,304
At 31 January 2024 13,264 14,021 27,285
DEPRECIATION
At 1 February 2023 4,587 9,828 14,415
Charge for year 1,989 533 2,522
At 31 January 2024 6,576 10,361 16,937
NET BOOK VALUE
At 31 January 2024 6,688 3,660 10,348
At 31 January 2023 5,967 1,599 7,566

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 1,199 -
Directors' current accounts 80,745 21,283
Accrued expenses 2,400 2,400
84,344 23,683

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bounce Back Loan 11,246 16,126

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

OPHRAH OAK LTD (REGISTERED NUMBER: 08368109)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


8. RESERVES
Retained
earnings
£   

At 1 February 2023 (30,323 )
Profit for the year 46,575
At 31 January 2024 16,252