Company Registration No. 10995760 (England and Wales)
Oakworks South East Limited
Unaudited accounts
for the year ended 31 October 2024
Oakworks South East Limited
Unaudited accounts
Contents
Oakworks South East Limited
Company Information
for the year ended 31 October 2024
Company Number
10995760 (England and Wales)
Registered Office
Unit 12 Sycamore Farm
Old Romney
Romney Marsh
KENT
TN29 9SY
UNITED KINGDOM
Accountants
Track Accountancy Ltd
2 New rents
Upper floors
Ashford
Kent
TN23 1JH
Oakworks South East Limited
Statement of financial position
as at 31 October 2024
Tangible assets
7,958
13,532
Cash at bank and in hand
(30,662)
(75,999)
Creditors: amounts falling due within one year
(9,867)
(28,046)
Net current (liabilities)/assets
(23,342)
1,526
Total assets less current liabilities
(15,384)
15,058
Creditors: amounts falling due after more than one year
(14,847)
(18,067)
Net liabilities
(30,231)
(3,009)
Called up share capital
1
1
Profit and loss account
(30,232)
(3,010)
Shareholders' funds
(30,231)
(3,009)
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2025 and were signed on its behalf by
Daniel Oliver
Director
Company Registration No. 10995760
Oakworks South East Limited
Notes to the Accounts
for the year ended 31 October 2024
Oakworks South East Limited is a private company, limited by shares, registered in England and Wales, registration number 10995760. The registered office is Unit 12 Sycamore Farm, Old Romney, Romney Marsh, KENT, TN29 9SY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
16,020
22,673
38,693
At 31 October 2024
16,020
22,673
38,693
At 1 November 2023
8,811
16,350
25,161
Charge for the year
2,413
3,161
5,574
At 31 October 2024
11,224
19,511
30,735
At 31 October 2024
4,796
3,162
7,958
At 31 October 2023
7,209
6,323
13,532
Oakworks South East Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
7,093
104,883
Accrued income and prepayments
348
347
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,900
-
Loans from directors
-
22,671
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
1,290
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).