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Company Registration No. 8154128 (England and Wales)
ORACLE LIFTS LTD. Unaudited accounts for the year ended 31 July 2024
ORACLE LIFTS LTD. Unaudited accounts Contents
Page
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ORACLE LIFTS LTD. Company Information for the year ended 31 July 2024
Directors
Peter Raymond Brehme Jean Carol Brehme
Company Number
8154128 (England and Wales)
Registered Office
54 Frensham Close Southall Middlesex UB1 2YG United Kingdom
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ORACLE LIFTS LTD. Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,114 
10,760 
Current assets
Debtors
87,775 
111,085 
Cash at bank and in hand
15,621 
13,231 
103,396 
124,316 
Creditors: amounts falling due within one year
(111,781)
(118,267)
Net current (liabilities)/assets
(8,385)
6,049 
Net assets
729 
16,809 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
629 
16,709 
Shareholders' funds
729 
16,809 
For the year ending 31 July 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 26 December 2024 and were signed on its behalf by
Peter Raymond Brehme Director Company Registration No. 8154128
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ORACLE LIFTS LTD. Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
ORACLE LIFTS LTD. is a private company, limited by shares, registered in England and Wales, registration number 8154128. The registered office is 54 Frensham Close, Southall, Middlesex, UB1 2YG, United Kingdom .
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
33,931 
11,462 
687 
46,080 
Additions
- 
- 
495 
495 
At 31 July 2024
33,931 
11,462 
1,182 
46,575 
Depreciation
At 1 August 2023
26,895 
8,288 
137 
35,320 
Charge for the year
1,407 
635 
99 
2,141 
At 31 July 2024
28,302 
8,923 
236 
37,461 
Net book value
At 31 July 2024
5,629 
2,539 
946 
9,114 
At 31 July 2023
7,036 
3,174 
550 
10,760 
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ORACLE LIFTS LTD. Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,073 
2,108 
Trade debtors
65,423 
88,698 
Other debtors
20,279 
20,279 
87,775 
111,085 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
15,778 
Trade creditors
81,092 
78,093 
Taxes and social security
28,895 
20,764 
Other creditors
1,794 
3,632 
111,781 
118,267 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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