OAKWRIGHTS LIMITED

Company Registration Number:
03047863 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

OAKWRIGHTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

OAKWRIGHTS LIMITED

Company Information

for the Period Ended 30 April 2024




Director: R. Wight
Secretary: R. Wight
Registered office: Oakwrights Ltd
West End Lane
Frensham
Farnham
Surrey
England
GU10 3EP
Company Registration Number: 03047863 (England and Wales)

OAKWRIGHTS LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
R. Wight

Secretary
R. Wight

This report was approved by the board of directors on 16 January 2025
And Signed On Behalf Of The Board By:

Name: R. Wight
Status: Director

OAKWRIGHTS LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 46,311 60,121
Administrative Expenses ( 24,526 ) ( 24,115 )
Operating Profit or (Loss) 21,785 36,006
Profit or (Loss) Before Tax 21,785 36,006
Tax on Profit ( 3,811 ) ( 6,914 )
Profit or (Loss) for Period 17,974 29,092

The notes form part of these financial statements

OAKWRIGHTS LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 4,033 2,929
Total fixed assets: 4,033 2,929
Current assets
Debtors: 43,693 36,963
Cash at bank and in hand: 19,671 53,212
Total current assets: 63,364 90,175
Creditors: amounts falling due within one year: ( 9,855 ) ( 38,536 )
Net current assets (liabilities): 53,509 51,639
Total assets less current liabilities: 57,542 54,568
Total net assets (liabilities): 57,542 54,568

The notes form part of these financial statements

OAKWRIGHTS LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 57,540 54,566
Shareholders funds: 57,542 54,568

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 January 2025
And Signed On Behalf Of The Board By:

Name: R. Wight
Status: Director

The notes form part of these financial statements

OAKWRIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue, described as turnover, is the value of goods, excluding Value Added Tax, provided to customers during the year, plus the value of work and services, excluding Value Added Tax, performed during the year in respect of services.

    Tangible fixed assets depreciation policy

    Fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less their estimated residual value over its expected useful life, at 25% of written down value.

OAKWRIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

OAKWRIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

OAKWRIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 35,798
Additions 2,450
Disposals -
Revaluations -
Transfers -
At 30 April 2024 38,248
Depreciation
At 01 May 2023 32,869
Charge for year 1,346
On disposals -
Other adjustments -
At 30 April 2024 34,215
Net book value
At 30 April 2024 4,033
At 30 April 2023 2,929