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REGISTERED NUMBER: 06522799 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Ock Street Limited

Ock Street Limited (Registered number: 06522799)

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

Report of the Accountants 7

Ock Street Limited

Company Information
for the year ended 31 March 2024







DIRECTOR: Dr B B Kanas





SECRETARY: Mr N F Barnes





REGISTERED OFFICE: 45 Ock Street
Abingdon
Oxfordshire
OX14 5AG





REGISTERED NUMBER: 06522799 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

Ock Street Limited (Registered number: 06522799)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 544,878 467,566
544,878 467,566

CURRENT ASSETS
Stocks 5,556 2,810
Debtors 6 319,145 74,618
Cash at bank 718,051 678,447
1,042,752 755,875
CREDITORS
Amounts falling due within one year 7 267,245 254,146
NET CURRENT ASSETS 775,507 501,729
TOTAL ASSETS LESS CURRENT LIABILITIES 1,320,385 969,295

PROVISIONS FOR LIABILITIES 30,267 24,065
NET ASSETS 1,290,118 945,230

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,290,018 945,130
SHAREHOLDERS' FUNDS 1,290,118 945,230

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 director acknowledges her 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.

Ock Street Limited (Registered number: 06522799)

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 director and authorised for issue on 1 November 2024 and were signed by:





Dr B B Kanas - Director


Ock Street Limited (Registered number: 06522799)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Ock Street 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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.


Ock Street Limited (Registered number: 06522799)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued
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.

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 23 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 1,263,756
AMORTISATION
At 1 April 2023
and 31 March 2024 1,263,756
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Ock Street Limited (Registered number: 06522799)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 338,183 466,387 804,570
Additions - 120,775 120,775
At 31 March 2024 338,183 587,162 925,345
DEPRECIATION
At 1 April 2023 - 337,004 337,004
Charge for year - 43,463 43,463
At 31 March 2024 - 380,467 380,467
NET BOOK VALUE
At 31 March 2024 338,183 206,695 544,878
At 31 March 2023 338,183 129,383 467,566

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,088 17,760
Other debtors 305,057 56,858
319,145 74,618

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 79,622 120,781
Taxation and social security 171,767 111,531
Other creditors 15,856 21,834
267,245 254,146

Ock Street Limited

Report of the Accountants to the Director of
Ock Street Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF


Date: .............................................