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REGISTERED NUMBER: 02640553 (England and Wales)















Oaklodge Homes Wessex Ltd

Abridged Unaudited Financial Statements

for the Year Ended 31 May 2024






Oaklodge Homes Wessex Ltd (Registered number: 02640553)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Oaklodge Homes Wessex Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: A J Fenwick



REGISTERED OFFICE: Carlton House
Maundrell Road
Porte Marsh Industrial Estate
Calne
Wiltshire
SN11 9PU



REGISTERED NUMBER: 02640553 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Santander UK
Bridle Road
Bootle
Merseyside
L30 4GB

Oaklodge Homes Wessex Ltd (Registered number: 02640553)

Abridged Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 18,488 26,645

CURRENT ASSETS
Debtors 68,166 72,778
Cash at bank 4,949 5,403
73,115 78,181
CREDITORS
Amounts falling due within one year 235,571 239,114
NET CURRENT LIABILITIES (162,456 ) (160,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(143,968

)

(134,288

)

CREDITORS
Amounts falling due after more than one
year

1,600

3,205
NET LIABILITIES (145,568 ) (137,493 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (145,668 ) (137,593 )
SHAREHOLDERS' FUNDS (145,568 ) (137,493 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Oaklodge Homes Wessex Ltd (Registered number: 02640553)

Abridged Statement of Financial Position - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 January 2025 and were signed by:





A J Fenwick - Director


Oaklodge Homes Wessex Ltd (Registered number: 02640553)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Oaklodge Homes Wessex 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which assumes the continued support of the company's director.

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 etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Oaklodge Homes Wessex Ltd (Registered number: 02640553)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 78,521
DEPRECIATION
At 1 June 2023 51,876
Charge for year 8,157
At 31 May 2024 60,033
NET BOOK VALUE
At 31 May 2024 18,488
At 31 May 2023 26,645

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Fenwick.

The above director controlled the company throughout the current and previous period, by virtue of the fact he owns all of the company's issued share capital.