Company Registration No. 12293905 (England and Wales)
Oak Forest Carpentry Limited
Unaudited accounts
for the year ended 30 November 2023
Oak Forest Carpentry Limited
Unaudited accounts
Contents
Oak Forest Carpentry Limited
Company Information
for the year ended 30 November 2023
Director
Clifford James Craven
Company Number
12293905 (England and Wales)
Registered Office
Shift Works
Royal House 14 Upper Northgate Street
CHESTER
Cheshire
CH1 4EE
England
Accountants
Power Accountants, Business and Tax Advisors Limited
Royal House, 14 Upper Northgate Street
Chester
CH1 4EE
Oak Forest Carpentry Limited
Statement of financial position
as at 30 November 2023
Tangible assets
6,326
8,434
Cash at bank and in hand
626
1,806
Creditors: amounts falling due within one year
(7,183)
(12,574)
Net current assets/(liabilities)
5,988
(4,517)
Called up share capital
1
1
Profit and loss account
12,313
3,916
Shareholders' funds
12,314
3,917
For the year ending 30 November 2023 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 21 November 2024 and were signed on its behalf by
Clifford James Craven
Director
Company Registration No. 12293905
Oak Forest Carpentry Limited
Notes to the Accounts
for the year ended 30 November 2023
Oak Forest Carpentry Limited is a private company, limited by shares, registered in England and Wales, registration number 12293905. The registered office is Shift Works, Royal House 14 Upper Northgate Street, CHESTER, Cheshire, CH1 4EE, 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 pounds 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:
Motor vehicles
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. When due, contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis. The Director has assessed the company's ability to continue as a going concern and is satisfied that the company has the necessary funding to meet day-to-day working capital requirements.
The company's ability to continue as a going concern is dependent on the continued support of its director/shareholder, who has provided loans and capital injections to the company.
The Director believes that the going concern assumption is appropriate for the preparation of the financial statements.
Oak Forest Carpentry Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Motor vehicles
At 30 November 2023
14,994
Amounts falling due within one year
Other debtors
11,822
4,496
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,035
17,000
Taxes and social security
(7,052)
(5,916)
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).