1 1 OCL Carpentry (UK) Limited 05863346 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is carpentry and construction. Digita Accounts Production Advanced 6.30.9574.0 true true 05863346 2023-07-01 2024-06-30 05863346 2024-06-30 05863346 bus:Director1 1 2024-06-30 05863346 core:CurrentFinancialInstruments 2024-06-30 05863346 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 05863346 core:Non-currentFinancialInstruments 2024-06-30 05863346 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 05863346 core:OtherRelatedParties 2024-06-30 05863346 bus:SmallEntities 2023-07-01 2024-06-30 05863346 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 05863346 bus:FilletedAccounts 2023-07-01 2024-06-30 05863346 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05863346 bus:RegisteredOffice 2023-07-01 2024-06-30 05863346 bus:Director1 2023-07-01 2024-06-30 05863346 bus:Director1 1 2023-07-01 2024-06-30 05863346 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05863346 bus:Agent1 2023-07-01 2024-06-30 05863346 core:OtherRelatedParties 2023-07-01 2024-06-30 05863346 countries:EnglandWales 2023-07-01 2024-06-30 05863346 2023-06-30 05863346 bus:Director1 1 2023-06-30 05863346 core:OtherRelatedParties 2023-06-30 05863346 2022-07-01 2023-06-30 05863346 2023-06-30 05863346 bus:Director1 1 2023-06-30 05863346 core:CurrentFinancialInstruments 2023-06-30 05863346 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 05863346 core:Non-currentFinancialInstruments 2023-06-30 05863346 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 05863346 core:OtherRelatedParties 2023-06-30 05863346 bus:Director1 1 2022-07-01 2023-06-30 05863346 core:OtherRelatedParties 2022-07-01 2023-06-30 05863346 2022-06-30 05863346 bus:Director1 1 2022-06-30 05863346 core:OtherRelatedParties 2022-06-30 xbrli:pure iso4217:GBP

Registration number: 05863346

OCL Carpentry (UK) Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

OCL Carpentry (UK) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

OCL Carpentry (UK) Limited

Company Information

Director

Mr K Burt

Registered office

Fawley House
2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD

Accountants

Sterling Grove Accountants Limited
Chartered Certified AccountantsFawley House
2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD

 

OCL Carpentry (UK) Limited

(Registration number: 05863346)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

119,467

116,481

Creditors: Amounts falling due within one year

5

(80,546)

(83,247)

Total assets less current liabilities

 

38,921

33,234

Creditors: Amounts falling due after more than one year

5

(105,134)

(102,541)

Net liabilities

 

(66,213)

(69,307)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(66,313)

(69,407)

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:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2024
 

Mr K Burt
Director

 

OCL Carpentry (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fawley House
2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD
England

These financial statements were authorised for issue by the director on 24 March 2024.

2

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.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

OCL Carpentry (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Debtors

Note

2024
£

2023
£

Amounts owed by related parties

7

83,143

81,313

Other debtors

 

36,324

35,168

 

119,467

116,481

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to related parties

7

14,599

22,449

Taxation and social security

 

65,947

60,798

 

80,546

83,247

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

105,134

102,541

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

105,134

102,541

 

OCL Carpentry (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

7

Related party transactions

Transactions with the director

2024

At 1 July 2023
£

Advances to director
£

At 30 June 2024
£

Mr K Burt

Advance

81,313

1,830

83,143

2023

At 1 July 2022
£

Advances to director
£

At 30 June 2023
£

Mr K Burt

Advance

79,719

1,594

81,313

Loans from related parties

2024

Other related parties
£

Total
£

At start of period

22,449

22,449

Impairment

(7,850)

(7,850)

At end of period

14,599

14,599

2023

Other related parties
£

Total
£

At start of period

21,089

21,089

Advanced

1,360

1,360

At end of period

22,449

22,449

Terms of loans from related parties

Loan is unsceured, interest free and repayable on demand..