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REGISTERED NUMBER: 10056742 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

OLD OAK FLORAL DESIGNERS LTD

OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)






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


OLD OAK FLORAL DESIGNERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D M Nuth





REGISTERED OFFICE: Unit B1F
Fairoaks Airport
Chobham
Surrey
GU24 8HU





REGISTERED NUMBER: 10056742 (England and Wales)





ACCOUNTANTS: L E Marshall & Co
Chartered Accountants
Unit B1F
Fairoaks Airport
Chobham
Surrey
GU24 8HU

OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 4,539

CURRENT ASSETS
Stocks - 6,516
Debtors 5 47,579 81,249
Cash at bank 179,671 106,289
227,250 194,054
CREDITORS
Amounts falling due within one year 6 40,970 39,659
NET CURRENT ASSETS 186,280 154,395
TOTAL ASSETS LESS CURRENT
LIABILITIES

186,280

158,934

CREDITORS
Amounts falling due after more than one
year

7

-

(7,207

)

PROVISIONS FOR LIABILITIES - (1,135 )
NET ASSETS 186,280 150,592

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 186,279 150,591
SHAREHOLDERS' FUNDS 186,280 150,592

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 his 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.

OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)

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 12 November 2024 and were signed by:





D M Nuth - Director


OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Old Oak Floral Designers Ltd 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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.

OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 5,137 14,990 4,188 24,315
Additions 1,025 - 1,759 2,784
Disposals (6,162 ) (14,990 ) (5,947 ) (27,099 )
At 31 March 2024 - - - -
DEPRECIATION
At 1 April 2023 4,375 13,211 2,190 19,776
Charge for year 190 445 1,982 2,617
Eliminated on disposal (4,565 ) (13,656 ) (4,172 ) (22,393 )
At 31 March 2024 - - - -
NET BOOK VALUE
At 31 March 2024 - - - -
At 31 March 2023 762 1,779 1,998 4,539

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 4,072 14,440
Other debtors 43,507 19,809
47,579 34,249

Amounts falling due after more than one year:
Other debtors - 47,000

Aggregate amounts 47,579 81,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 7,235 3,000
Trade creditors - 17,145
Taxation and social security 32,424 18,535
Other creditors 1,311 979
40,970 39,659

OLD OAK FLORAL DESIGNERS LTD (REGISTERED NUMBER: 10056742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 7,207

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is a loan made to the director of £42,750 (2023: £47,000). This is being repaid with interest.