Registration number:
OCL Carpentry (UK) Limited
for the Year Ended 30 June 2024
OCL Carpentry (UK) Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
OCL Carpentry (UK) Limited
Company Information
Director |
Mr K Burt |
Registered office |
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Accountants |
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OCL Carpentry (UK) Limited
(Registration number: 05863346)
Balance Sheet as at 30 June 2024
Note |
2024 |
2023 |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
(66,313) |
(69,407) |
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Shareholders' deficit |
(66,213) |
(69,307) |
For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
Director
OCL Carpentry (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
OCL Carpentry (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
OCL Carpentry (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Debtors |
Note |
2024 |
2023 |
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Amounts owed by related parties |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
Note |
2024 |
2023 |
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Due within one year |
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Amounts owed to related parties |
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Taxation and social security |
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Creditors: amounts falling due after more than one year
Note |
2024 |
2023 |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
Non-current loans and borrowings
2024 |
2023 |
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Bank borrowings |
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OCL Carpentry (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Related party transactions |
Transactions with the director |
2024 |
At 1 July 2023 |
Advances to director |
At 30 June 2024 |
Mr K Burt |
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Advance |
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2023 |
At 1 July 2022 |
Advances to director |
At 30 June 2023 |
Mr K Burt |
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Advance |
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Loans from related parties
2024 |
Other related parties |
Total |
At start of period |
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Impairment |
( |
( |
At end of period |
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2023 |
Other related parties |
Total |
At start of period |
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Advanced |
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At end of period |
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Terms of loans from related parties