Company registration number 07906996 (England and Wales)
SYLVAN OAK U.K LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
SYLVAN OAK U.K LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SYLVAN OAK U.K LTD FOR THE YEAR ENDED 29 JANUARY 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sylvan Oak U.K Ltd for the year ended 29 January 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Sylvan Oak U.K Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sylvan Oak U.K Ltd and state those matters that we have agreed to state to the Board of Directors of Sylvan Oak U.K Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sylvan Oak U.K Ltd and it's Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Sylvan Oak U.K Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Sylvan Oak U.K Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sylvan Oak U.K Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
22 January 2025
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
SYLVAN OAK U.K LTD
BALANCE SHEET
AS AT
29 JANUARY 2024
29 January 2024
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2024
2023
£
£
£
£
Fixed assets
26,578
27,761
Current assets
44,258
75,208
Prepayments and accrued income
634
581
Creditors: amounts falling due within one year
(43,155)
(40,408)
Net current assets
1,737
35,381
Total assets less current liabilities
28,315
63,142
Creditors: amounts falling due after more than one year
(41,758)
(54,738)
Net (liabilities)/assets
(13,443)
8,404
Capital and reserves
(13,443)
8,404
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At 29 January 2024 the company was committed to making payments totalling £25,400 (2023 - £0) under non-cancellable operating leases.
2
Employees
The average number of persons (including directors) employed by the company during the year was 8 (2023 - 7)
2024
2023
Number
Number
Employees
8
7
3
Dividends
During the year, the company paid dividends in excess of the profits available for distribution. The director will reduce future dividends in order to restore the balance sheet to a positive position.
Sylvan Oak U.K Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.
For the year ended 29 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
SYLVAN OAK U.K LTD
BALANCE SHEET (CONTINUED)
AS AT
29 JANUARY 2024
29 January 2024
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These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 22 January 2025 and are signed on its behalf by:
Mr S Kalan
Mr B L P Ward
Director
Director
Company registration number 07906996 (England and Wales)