Company Registration No. 13928439 (England and Wales)
Oakwood Clump Ltd
Unaudited accounts
for the year ended 31 March 2024
Oakwood Clump Ltd
Unaudited accounts
Contents
Oakwood Clump Ltd
Company Information
for the year ended 31 March 2024
Directors
Daniel Schofield
Jane Schofield
Company Number
13928439 (England and Wales)
Registered Office
Oakwood
North Cliffe
York
North Yorkshire
YO43 4XE
England
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Oakwood Clump Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
754,356
542,557
Cash at bank and in hand
4,678
8,557
Creditors: amounts falling due within one year
(896,415)
(608,142)
Net current liabilities
(878,733)
(569,823)
Net liabilities
(124,377)
(27,266)
Called up share capital
100
100
Profit and loss account
(124,477)
(27,366)
Shareholders' funds
(124,377)
(27,266)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by
Daniel Schofield
Director
Company Registration No. 13928439
Oakwood Clump Ltd
Notes to the Accounts
for the year ended 31 March 2024
Oakwood Clump Ltd is a private company, limited by shares, registered in England and Wales, registration number 13928439. The registered office is Oakwood, North Cliffe, York, North Yorkshire, YO43 4XE, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
262,746
264,909
27,500
-
555,155
Additions
160,937
37,643
56,775
718
256,073
At 31 March 2024
423,683
302,552
84,275
718
811,228
At 1 April 2023
-
5,723
6,875
-
12,598
Charge for the year
-
28,345
15,832
97
44,274
At 31 March 2024
-
34,068
22,707
97
56,872
At 31 March 2024
423,683
268,484
61,568
621
754,356
At 31 March 2023
262,746
259,186
20,625
-
542,557
Oakwood Clump Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
154
154
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
16,044
-
Obligations under finance leases and hire purchase contracts
38,826
-
Trade creditors
9,097
28,957
Loans from directors
830,013
576,750
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).