IRIS Accounts Production v24.3.0.553 06510854 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065108542023-02-28065108542024-02-29065108542023-03-012024-02-29065108542022-02-28065108542022-03-012023-02-28065108542023-02-2806510854ns15:EnglandWales2023-03-012024-02-2906510854ns14:PoundSterling2023-03-012024-02-2906510854ns10:Director12023-03-012024-02-2906510854ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906510854ns10:SmallEntities2023-03-012024-02-2906510854ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906510854ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906510854ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906510854ns10:FullAccounts2023-03-012024-02-2906510854ns10:OrdinaryShareClass12023-03-012024-02-2906510854ns10:Director22023-03-012024-02-2906510854ns10:CompanySecretary12023-03-012024-02-2906510854ns10:RegisteredOffice2023-03-012024-02-2906510854ns5:CurrentFinancialInstruments2024-02-2906510854ns5:CurrentFinancialInstruments2023-02-2806510854ns5:ShareCapital2024-02-2906510854ns5:ShareCapital2023-02-2806510854ns5:RetainedEarningsAccumulatedLosses2024-02-2906510854ns5:RetainedEarningsAccumulatedLosses2023-02-2806510854ns5:PlantMachinery2023-03-012024-02-2906510854ns5:FurnitureFittings2023-03-012024-02-2906510854ns5:MotorVehicles2023-03-012024-02-2906510854ns5:ComputerEquipment2023-03-012024-02-2906510854ns5:PlantMachinery2023-02-2806510854ns5:FurnitureFittings2023-02-2806510854ns5:MotorVehicles2023-02-2806510854ns5:ComputerEquipment2023-02-2806510854ns5:PlantMachinery2024-02-2906510854ns5:FurnitureFittings2024-02-2906510854ns5:MotorVehicles2024-02-2906510854ns5:ComputerEquipment2024-02-2906510854ns5:PlantMachinery2023-02-2806510854ns5:FurnitureFittings2023-02-2806510854ns5:MotorVehicles2023-02-2806510854ns5:ComputerEquipment2023-02-2806510854ns5:CostValuation2023-02-2806510854ns5:AdditionsToInvestments2024-02-2906510854ns5:CostValuation2024-02-2906510854ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2906510854ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2806510854ns10:OrdinaryShareClass12024-02-2906510854ns5:RetainedEarningsAccumulatedLosses2023-02-2806510854ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29
REGISTERED NUMBER: 06510854 (England and Wales)















OAKVIEW WINDOW COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 FEBRUARY 2024






OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKVIEW WINDOW COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr M Czapla
Mr M Sanecki





SECRETARY: Mr M Czapla





REGISTERED OFFICE: Hale House, Unit 5
296a Green Lanes
Palmers Green
London
N13 5TW





REGISTERED NUMBER: 06510854 (England and Wales)





ACCOUNTANTS: T. PA Accountancy Services Limited
Hale House
Unit 5
296a Green Lanes
Palmers Green
London
N13 5TW

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,816 35,959
Investments 5 333,521 278,468
392,337 314,427

CURRENT ASSETS
Stocks 6 22,150 20,560
Debtors 7 436,719 165,451
Cash at bank and in hand 550,492 647,721
1,009,361 833,732
CREDITORS
Amounts falling due within one year 8 213,413 200,046
NET CURRENT ASSETS 795,948 633,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,188,285

948,113

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 1,188,284 948,112
SHAREHOLDERS' FUNDS 1,188,285 948,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

BALANCE SHEET - continued
29 FEBRUARY 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 Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





Mr M Czapla - Director


OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Oakview Window Company 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 85,666 3,308 63,800 9,140 161,914
Additions 31,200 6,362 - - 37,562
At 29 February 2024 116,866 9,670 63,800 9,140 199,476
DEPRECIATION
At 1 March 2023 66,870 2,322 50,387 6,376 125,955
Charge for year 9,999 1,470 2,683 553 14,705
At 29 February 2024 76,869 3,792 53,070 6,929 140,660
NET BOOK VALUE
At 29 February 2024 39,997 5,878 10,730 2,211 58,816
At 28 February 2023 18,796 986 13,413 2,764 35,959

5. FIXED ASSET INVESTMENTS
Loans to
associates
£   
At 1 March 2023 278,468
New in year 55,053
At 29 February 2024 333,521

6. STOCKS
2024 2023
£    £   
Work-in-progress 22,150 20,560

OAKVIEW WINDOW COMPANY LIMITED (REGISTERED NUMBER: 06510854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 337,700 155,451
VAT 68,281 -
Prepayments 30,738 10,000
436,719 165,451

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84,721 72,216
Corporation tax payable 105,197 59,744
Social security and other taxes 21,021 11,614
VAT - 54,198
Directors' current accounts 74 74
Accrued expenses 2,400 2,200
213,413 200,046

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 March 2023 948,112
Profit for the year 280,172
Dividends (40,000 )
At 29 February 2024 1,188,284