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REGISTERED NUMBER: 01674864 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

Oak Hall Expeditions Limited

Oak Hall Expeditions Limited (Registered number: 01674864)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Oak Hall Expeditions Limited

Company Information
for the Year Ended 30th September 2024







DIRECTORS: I W Mayo
Mrs J F Mayo
A Mayo





SECRETARY: I W Mayo





REGISTERED OFFICE: Otford Manor,
Shorehill Lane,
Otford
Kent
TN15 6XF





REGISTERED NUMBER: 01674864 (England and Wales)





ACCOUNTANTS: Daniels & Co (Accountants) Limited
Chartered Accountants
111a Station Road
West Wickham
Kent
BR4 0PX

Oak Hall Expeditions Limited (Registered number: 01674864)

Abridged Balance Sheet
30th September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 505,800 569,025
Tangible assets 5 921,482 943,731
1,427,282 1,512,756

CURRENT ASSETS
Stocks 6,590 5,840
Debtors 360,844 316,183
Cash at bank and in hand 2,964,406 2,216,217
3,331,840 2,538,240
CREDITORS
Amounts falling due within one year 1,394,325 1,110,776
NET CURRENT ASSETS 1,937,515 1,427,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,364,797

2,940,220

PROVISIONS FOR LIABILITIES 72,710 70,012
NET ASSETS 3,292,087 2,870,208

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 3,192,087 2,770,208
SHAREHOLDERS' FUNDS 3,292,087 2,870,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Oak Hall Expeditions Limited (Registered number: 01674864)

Abridged Balance Sheet - continued
30th September 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 Balance Sheet for the year ended 30th September 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 Board of Directors and authorised for issue on 8th March 2025 and were signed on its behalf by:





A Mayo - Director


Oak Hall Expeditions Limited (Registered number: 01674864)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Oak Hall Expeditions Limited 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. ACCOUNTING POLICIES

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

Revenue recognition
Revenue arises from the sale of holidays and expeditions and is measured at the fair value of the consideration received or receivable. Revenue is recognised on completion of holidays taken by customers on their return to United Kingdom.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost
Ski & Camp Equipment - 25% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are initially recognised at cost. They are subsequently measured at cost less accumulated depreciation and accumulated impairment losses.

Tangible fixed assets are tested for impairment where there is an indication that an impairment exists at the reporting date

For assets under construction no depreciation is charged until construction has completed,

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

At each reporting date, stocks are assessed for impairment. If an item is impaired then the item is reduced in value to net realiseable value and the impairment charge is recognised through the profit or loss account.

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 balance sheet date.


Oak Hall Expeditions Limited (Registered number: 01674864)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st October 2023
and 30th September 2024 632,250
AMORTISATION
At 1st October 2023 63,225
Amortisation for year 63,225
At 30th September 2024 126,450
NET BOOK VALUE

At 30th September 2024 505,800
At 30th September 2023 569,025

Oak Hall Expeditions Limited (Registered number: 01674864)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st October 2023 2,161,017
Additions 108,242
Disposals (76,565 )
At 30th September 2024 2,192,694
DEPRECIATION
At 1st October 2023 1,217,286
Charge for year 124,411
Eliminated on disposal (70,485 )
At 30th September 2024 1,271,212
NET BOOK VALUE
At 30th September 2024 921,482
At 30th September 2023 943,731

Included in cost of land and buildings is freehold land of £ 166,029 (2023 - £ 166,029 ) which is not depreciated.

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 20,292 19,125
Between one and five years 81,167 76,500
In more than five years 64,256 79,729
165,715 175,354

7. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 47,598 -