IRIS Accounts Production v24.1.9.2 03633785 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 Ordinary 'A' 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036337852023-01-31036337852024-01-31036337852023-02-012024-01-31036337852022-01-31036337852022-02-012023-01-31036337852023-01-3103633785ns15:EnglandWales2023-02-012024-01-3103633785ns14:PoundSterling2023-02-012024-01-3103633785ns10:Director12023-02-012024-01-3103633785ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3103633785ns10:SmallEntities2023-02-012024-01-3103633785ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3103633785ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3103633785ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3103633785ns10:FullAccounts2023-02-012024-01-3103633785ns10:OrdinaryShareClass12023-02-012024-01-3103633785ns10:OrdinaryShareClass22023-02-012024-01-3103633785ns10:Director22023-02-012024-01-3103633785ns10:CompanySecretary12023-02-012024-01-3103633785ns10:RegisteredOffice2023-02-012024-01-3103633785ns5:CurrentFinancialInstruments2024-01-3103633785ns5:CurrentFinancialInstruments2023-01-3103633785ns5:Non-currentFinancialInstruments2024-01-3103633785ns5:Non-currentFinancialInstruments2023-01-3103633785ns5:ShareCapital2024-01-3103633785ns5:ShareCapital2023-01-3103633785ns5:RetainedEarningsAccumulatedLosses2024-01-3103633785ns5:RetainedEarningsAccumulatedLosses2023-01-3103633785ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-02-012024-01-3103633785ns5:PlantMachinery2023-02-012024-01-3103633785ns5:FurnitureFittings2023-02-012024-01-3103633785ns5:MotorVehicles2023-02-012024-01-3103633785ns5:LandBuildings2023-01-3103633785ns5:PlantMachinery2023-01-3103633785ns5:FurnitureFittings2023-01-3103633785ns5:MotorVehicles2023-01-3103633785ns5:LandBuildings2023-02-012024-01-3103633785ns5:LandBuildings2024-01-3103633785ns5:PlantMachinery2024-01-3103633785ns5:FurnitureFittings2024-01-3103633785ns5:MotorVehicles2024-01-3103633785ns5:LandBuildings2023-01-3103633785ns5:PlantMachinery2023-01-3103633785ns5:FurnitureFittings2023-01-3103633785ns5:MotorVehicles2023-01-3103633785ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3103633785ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3103633785ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-01-3103633785ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-01-3103633785ns5:DeferredTaxation2023-01-3103633785ns5:DeferredTaxation2023-02-012024-01-3103633785ns5:DeferredTaxation2024-01-3103633785ns10:OrdinaryShareClass12024-01-3103633785ns10:OrdinaryShareClass22024-01-3103633785ns5:RetainedEarningsAccumulatedLosses2023-01-3103633785ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 03633785 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

ORLESTONEOAK LIMITED

ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

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


ORLESTONEOAK LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTORS: B J Barton
J Barton





SECRETARY: Mrs H Barton





REGISTERED OFFICE: 19 North Street
Ashford
Kent
TN24 8LF





REGISTERED NUMBER: 03633785 (England and Wales)





ACCOUNTANTS: Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF

ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 481,052 505,196

CURRENT ASSETS
Stocks 376,000 376,000
Debtors 5 251,719 198,591
627,719 574,591
CREDITORS
Amounts falling due within one year 6 552,470 385,460
NET CURRENT ASSETS 75,249 189,131
TOTAL ASSETS LESS CURRENT LIABILITIES 556,301 694,327

CREDITORS
Amounts falling due after more than one
year

7

(478,393

)

(577,968

)

PROVISIONS FOR LIABILITIES 8 (32,499 ) (24,283 )
NET ASSETS 45,409 92,076

CAPITAL AND RESERVES
Called up share capital 9 125 125
Retained earnings 10 45,284 91,951
SHAREHOLDERS' FUNDS 45,409 92,076

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.

ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





J Barton - Director


ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

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


1. STATUTORY INFORMATION

Orlestoneoak Limited 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.
Freehold property - 5% on cost
Plant and machinery - 20% on cost and 5% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 February 2023 436,693 703,579 77,163 109,181 1,326,616
Additions - 506 4,510 31,980 36,996
At 31 January 2024 436,693 704,085 81,673 141,161 1,363,612
DEPRECIATION
At 1 February 2023 127,713 574,424 25,902 93,381 821,420
Charge for year 8,733 30,211 11,850 10,346 61,140
At 31 January 2024 136,446 604,635 37,752 103,727 882,560
NET BOOK VALUE
At 31 January 2024 300,247 99,450 43,921 37,434 481,052
At 31 January 2023 308,980 129,155 51,261 15,800 505,196

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 23,408 29,270
Other debtors 3,014 5,864
Due from related companies 220,042 129,001
Directors' current accounts - 27,975
Prepayments 5,255 6,481
251,719 198,591

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 91,816 99,352
Trade creditors 137,356 116,485
Tax (19,892 ) (12,018 )
Social security and other taxes 64,524 32,559
VAT 135,537 29,066
Credit card 21,600 17,632
Directors' current accounts 23,017 3,872
Accruals and deferred income 94,712 94,712
Accrued expenses 3,800 3,800
552,470 385,460

ORLESTONEOAK LIMITED (REGISTERED NUMBER: 03633785)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans - 2-5 384,813 457,227
Hire purchase contracts 93,580 120,741
478,393 577,968

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 32,499 24,283

Deferred
tax
£   
Balance at 1 February 2023 24,283
Provided during year 8,216
Accelerated capital allowance
Balance at 31 January 2024 32,499

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary 1 100 100
25 Ordinary 'A' 1 25 25
125 125

10. RESERVES
Retained
earnings
£   

At 1 February 2023 91,951
Deficit for the year (46,667 )
At 31 January 2024 45,284