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REGISTERED NUMBER: 08711810 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Oakbrook Rafters Limited

Oakbrook Rafters Limited (Registered number: 08711810)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oakbrook Rafters Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: A T Myers





REGISTERED OFFICE: 220 Oakbrook Road
Sheffield
England
S11 7ED





REGISTERED NUMBER: 08711810 (England and Wales)





ACCOUNTANTS: Rains and Co Ltd
P O Box 5047
Sheffield
South Yorkshire
S6 9GJ

Oakbrook Rafters Limited (Registered number: 08711810)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,408 18,432
15,408 18,432

CURRENT ASSETS
Stocks 6 35,968 38,049
Debtors 7 95,063 117,169
Cash at bank and in hand 15,451 8,256
146,482 163,474
CREDITORS
Amounts falling due within one year 8 141,292 147,757
NET CURRENT ASSETS 5,190 15,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,598

34,149

CREDITORS
Amounts falling due after more than
one year

9

17,341

27,412
NET ASSETS 3,257 6,737

RESERVES
Retained earnings 11 3,257 6,737
3,257 6,737

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

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

The director acknowledges his 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.

Oakbrook Rafters Limited (Registered number: 08711810)

Balance Sheet - continued
30 September 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 director and authorised for issue on 16 January 2025 and were signed by:





A T Myers - Director


Oakbrook Rafters Limited (Registered number: 08711810)

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

1. STATUTORY INFORMATION

Oakbrook Rafters 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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 each asset over its estimated useful life.

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.


Oakbrook Rafters Limited (Registered number: 08711810)

Notes to the Financial Statements - continued
for the Year Ended 30 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 80,000
AMORTISATION
At 1 October 2023
and 30 September 2024 80,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Oakbrook Rafters Limited (Registered number: 08711810)

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

5. TANGIBLE FIXED ASSETS
Computer
and
Fixtures Photographic
and Equ
fittings ipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 46,875 7,580 54,455
DEPRECIATION
At 1 October 2023 29,855 6,168 36,023
Charge for year 2,553 471 3,024
At 30 September 2024 32,408 6,639 39,047
NET BOOK VALUE
At 30 September 2024 14,467 941 15,408
At 30 September 2023 17,020 1,412 18,432

6. STOCKS
30.9.24 30.9.23
£    £   
Stocks 35,968 38,049

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 11,498 35,369
Directors' current accounts 68,575 71,800
Prepayments and accrued income 14,990 10,000
95,063 117,169

Oakbrook Rafters Limited (Registered number: 08711810)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts (see note 10) 32,934 45,410
Trade creditors 23,879 27,274
Tax 23,752 44,818
Social security and other taxes 12,085 6,345
VAT 32,642 20,685
Accrued expenses 16,000 3,225
141,292 147,757

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 10) 17,341 27,412

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,341 27,412

10. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 32,934 45,410

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,341 27,412

Oakbrook Rafters Limited (Registered number: 08711810)

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

11. RESERVES
Retained
earnings
£   

At 1 October 2023 6,737
Profit for the year 17,446
Dividends (20,926 )
At 30 September 2024 3,257