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REGISTERED NUMBER: 12162243 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Oak 2019 Ltd

Oak 2019 Ltd (Registered number: 12162243)






Contents of the Financial Statements
for the year ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oak 2019 Ltd

Company Information
for the year ended 31st December 2024







DIRECTORS: S O'Hagan
Mrs D O'Hagan





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 12162243 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Oak 2019 Ltd (Registered number: 12162243)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 34,751 48,363

CURRENT ASSETS
Stocks 1,600 1,750
Debtors 5 720 1,238
Cash at bank and in hand 16,328 15,937
18,648 18,925
CREDITORS
Amounts falling due within one year 6 28,407 35,363
NET CURRENT LIABILITIES (9,759 ) (16,438 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,992

31,925

CREDITORS
Amounts falling due after more than one
year

7

44,642

44,642
NET LIABILITIES (19,650 ) (12,717 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,750 ) (12,817 )
(19,650 ) (12,717 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 2019 Ltd (Registered number: 12162243)

Balance Sheet - continued
31st December 2024


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

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 23rd April 2025 and were signed on its behalf by:





S O'Hagan - Director


Oak 2019 Ltd (Registered number: 12162243)

Notes to the Financial Statements
for the year ended 31st December 2024

1. STATUTORY INFORMATION

Oak 2019 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Land and buildings - 10% on cost
Plant and machinery etc - 20% on cost

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

Oak 2019 Ltd (Registered number: 12162243)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2024 26,468 60,638 87,106
Additions - 1,725 1,725
At 31st December 2024 26,468 62,363 88,831
DEPRECIATION
At 1st January 2024 2,647 36,096 38,743
Charge for year 2,647 12,690 15,337
At 31st December 2024 5,294 48,786 54,080
NET BOOK VALUE
At 31st December 2024 21,174 13,577 34,751
At 31st December 2023 23,821 24,542 48,363

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 720 1,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,085 19,779
Taxation and social security 3,751 4,257
Other creditors 10,571 11,327
28,407 35,363

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 44,642 44,642

8. RELATED PARTY DISCLOSURES

The premises from which the company trades is owned by the Mr and Mrs O'Hagan. There has been no rent charged, by agreement.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr and Mrs O'Hagan.