Acorah Software Products - Accounts Production 16.2.800 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04685090 Mrs H Gray Mr R Gray Mrs H Gray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04685090 2023-06-30 04685090 2024-06-30 04685090 2023-07-01 2024-06-30 04685090 frs-core:CurrentFinancialInstruments 2024-06-30 04685090 frs-core:Non-currentFinancialInstruments 2024-06-30 04685090 frs-core:ComputerEquipment 2024-06-30 04685090 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04685090 frs-core:ComputerEquipment 2023-06-30 04685090 frs-core:FurnitureFittings 2024-06-30 04685090 frs-core:FurnitureFittings 2023-07-01 2024-06-30 04685090 frs-core:FurnitureFittings 2023-06-30 04685090 frs-core:NetGoodwill 2024-06-30 04685090 frs-core:NetGoodwill 2023-07-01 2024-06-30 04685090 frs-core:NetGoodwill 2023-06-30 04685090 frs-core:MotorVehicles 2024-06-30 04685090 frs-core:MotorVehicles 2023-07-01 2024-06-30 04685090 frs-core:MotorVehicles 2023-06-30 04685090 frs-core:PlantMachinery 2024-06-30 04685090 frs-core:PlantMachinery 2023-07-01 2024-06-30 04685090 frs-core:PlantMachinery 2023-06-30 04685090 frs-core:ShareCapital 2024-06-30 04685090 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04685090 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04685090 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04685090 frs-bus:SmallEntities 2023-07-01 2024-06-30 04685090 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04685090 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04685090 frs-bus:Director1 2023-07-01 2024-06-30 04685090 frs-bus:Director2 2023-07-01 2024-06-30 04685090 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04685090 frs-countries:EnglandWales 2023-07-01 2024-06-30 04685090 2022-06-30 04685090 2023-06-30 04685090 2022-07-01 2023-06-30 04685090 frs-core:CurrentFinancialInstruments 2023-06-30 04685090 frs-core:Non-currentFinancialInstruments 2023-06-30 04685090 frs-core:ShareCapital 2023-06-30 04685090 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04685090
Oak Leaf Tree Services Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04685090
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 7,633 10,192
7,633 10,192
CURRENT ASSETS
Debtors 6 234 3,684
234 3,684
Creditors: Amounts Falling Due Within One Year 7 (187,139 ) (165,351 )
NET CURRENT ASSETS (LIABILITIES) (186,905 ) (161,667 )
TOTAL ASSETS LESS CURRENT LIABILITIES (179,272 ) (151,475 )
Creditors: Amounts Falling Due After More Than One Year 8 (33,500 ) (39,500 )
NET LIABILITIES (212,772 ) (190,975 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (212,872 ) (191,075 )
SHAREHOLDERS' FUNDS (212,772) (190,975)
Page 1
Page 2
For the 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.
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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs H Gray
Director
27 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oak Leaf Tree Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04685090 . The registered office is 2 The Old Estate Yard High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate with the financial support of the directors. As at the balance sheet date the directors were owed an amount of £120,852 (2022: £105,909) this loan is interest free and will not be repaid until such time that the company has sufficient funds to make repayment.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is now fully amortised.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 3,584
As at 30 June 2024 3,584
Amortisation
As at 1 July 2023 3,584
As at 30 June 2024 3,584
...CONTINUED
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Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 103,562 20,270 4,010 3,125 130,967
As at 30 June 2024 103,562 20,270 4,010 3,125 130,967
Depreciation
As at 1 July 2023 93,896 19,893 3,998 2,988 120,775
Provided during the period 2,416 94 3 46 2,559
As at 30 June 2024 96,312 19,987 4,001 3,034 123,334
Net Book Value
As at 30 June 2024 7,250 283 9 91 7,633
As at 1 July 2023 9,666 377 12 137 10,192
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 180 3,684
VAT 54 -
234 3,684
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,098 14,722
Bank loans and overdrafts 23,977 16,918
VAT - 5,941
Other creditors 5,155 5,680
Accruals and deferred income 1,370 1,238
Directors' loan accounts 135,539 120,852
187,139 165,351
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 33,500 39,500
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5