Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-272024-01-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity99truefalse 00751740 2024-01-01 2024-12-31 00751740 2024-12-31 00751740 2023-01-01 2023-12-31 00751740 2023-12-31 00751740 2023-01-01 00751740 c:CompanySecretary1 2024-01-01 2024-12-31 00751740 c:Director2 2024-01-01 2024-12-31 00751740 c:RegisteredOffice 2024-01-01 2024-12-31 00751740 c:Agent1 2024-01-01 2024-12-31 00751740 d:Buildings 2024-01-01 2024-12-31 00751740 d:Buildings 2024-12-31 00751740 d:Buildings 2023-12-31 00751740 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00751740 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 00751740 d:MotorVehicles 2024-01-01 2024-12-31 00751740 d:MotorVehicles 2024-12-31 00751740 d:MotorVehicles 2023-12-31 00751740 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00751740 d:OfficeEquipment 2024-01-01 2024-12-31 00751740 d:OfficeEquipment 2024-12-31 00751740 d:OfficeEquipment 2023-12-31 00751740 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00751740 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00751740 d:CurrentFinancialInstruments 2024-12-31 00751740 d:CurrentFinancialInstruments 2023-12-31 00751740 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00751740 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00751740 d:ShareCapital 2024-12-31 00751740 d:ShareCapital 2023-01-01 2023-12-31 00751740 d:ShareCapital 2023-12-31 00751740 d:ShareCapital 2023-01-01 00751740 d:CapitalRedemptionReserve 2024-12-31 00751740 d:CapitalRedemptionReserve 2023-01-01 2023-12-31 00751740 d:CapitalRedemptionReserve 2023-12-31 00751740 d:CapitalRedemptionReserve 2023-01-01 00751740 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00751740 d:RetainedEarningsAccumulatedLosses 2024-12-31 00751740 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 00751740 d:RetainedEarningsAccumulatedLosses 2023-12-31 00751740 d:RetainedEarningsAccumulatedLosses 2023-01-01 00751740 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-12-31 00751740 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-12-31 00751740 c:FRS102 2024-01-01 2024-12-31 00751740 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00751740 c:FullAccounts 2024-01-01 2024-12-31 00751740 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00751740 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 00751740







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2024


LEONARD OAKLEY CONTRACTS LIMITED






































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LEONARD OAKLEY CONTRACTS LIMITED
 


 
COMPANY INFORMATION


Director
D Cooke 




Company secretary
D Cooke



Registered number
00751740



Registered office
109 Manor Road

Walton on Thames

Surrey

KT12 2NZ




Accountants
Menzies LLP
Chartered Accountants

2nd Floor, Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Bankers
Barclays Bank plc
Ranger House

Walnut Tree Close

Guildford

Surrey

GU1 4UL





 


LEONARD OAKLEY CONTRACTS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Statement of Changes in Equity
3
Notes to the Financial Statements
4 - 7


 


LEONARD OAKLEY CONTRACTS LIMITED
REGISTERED NUMBER:00751740



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
150,486
194,069

  
150,486
194,069

Current assets
  

Stocks
  
91,500
36,710

Debtors: amounts falling due within one year
 5 
143,136
248,640

Cash at bank and in hand
  
595,952
689,078

  
830,588
974,428

Creditors: amounts falling due within one year
 6 
(289,924)
(432,128)

Net current assets
  
 
 
540,664
 
 
542,300

Total assets less current liabilities
  
691,150
736,369

Provisions for liabilities
  

Deferred tax
  
(12,589)
(20,661)

Other provisions
 7 
(135,000)
(135,000)

  
 
 
(147,589)
 
 
(155,661)

Net assets
  
543,561
580,708


Capital and reserves
  

Called up share capital 
  
37,500
37,500

Capital redemption reserve
  
37,500
37,500

Profit and loss account
  
468,561
505,708

  
543,561
580,708


Page 1

 


LEONARD OAKLEY CONTRACTS LIMITED
REGISTERED NUMBER:00751740


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
D Cooke
Director

Date: 27 May 2025

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
LEONARD OAKLEY CONTRACTS LIMITED

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024



Called up share capital
Capital redemption reserve
Profit and loss account
Total equity


£
£
£
£



At 1 January 2023
75,000
-
821,930
896,930



Comprehensive income for the year


Profit for the year
-
-
328,778
328,778

Total comprehensive income for the year
-
-
328,778
328,778



Contributions by and distributions to owners


Dividends: Equity capital
-
-
(75,000)
(75,000)


Purchase of own shares
-
37,500
(570,000)
(532,500)


Shares cancelled during the year
(37,500)
-
-
(37,500)





At 1 January 2024
37,500
37,500
505,708
580,708



Comprehensive income for the period


Loss for the period
-
-
(3,397)
(3,397)


Dividends: Equity capital
-
-
(33,750)
(33,750)



At 31 December 2024
37,500
37,500
468,561
543,561



The notes on pages 4 to 7 form part of these financial statements.

Page 3
 


LEONARD OAKLEY CONTRACTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Leonard Oakley Contracts Limited is a private company limited by shares incorporated and domiciled in England and Wales under the Companies Act 2006. The registered number for Leonard Oakley Contracts Limited is 00751740. The address of the registered office and principal place of business is disclosed on the company information page
The Company's functional and presentational currency is GBP. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 


LEONARD OAKLEY CONTRACTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Leasehold improvements
-
20%
Straight line
Motor vehicles
-
25%
Reducing balance
Office furniture and equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 9 (2023 - 9).

Page 5

 


LEONARD OAKLEY CONTRACTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Freehold property
Motor vehicles
Office furniture and equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
135,000
194,900
847
330,747


Additions
-
12,803
-
12,803


Disposals
-
(42,059)
-
(42,059)



At 31 December 2024

135,000
165,644
847
301,491



Depreciation


At 1 January 2024
27,000
108,831
847
136,678


Charge for the period on owned assets
27,000
22,095
-
49,095


Disposals
-
(34,768)
-
(34,768)



At 31 December 2024

54,000
96,158
847
151,005



Net book value



At 31 December 2024
81,000
69,486
-
150,486



At 31 December 2023
108,000
86,069
-
194,069


5.


Debtors

2024
2023
£
£


Trade debtors
134,261
241,010

Other debtors
-
162

Prepayments and accrued income
8,875
7,468

143,136
248,640


Page 6

 


LEONARD OAKLEY CONTRACTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
63,246
98,273

Corporation tax
27,115
120,762

Other taxation and social security
62,305
63,891

Other creditors
10,982
5,984

Accruals and deferred income
126,276
143,218

289,924
432,128



7.


Provisions


Dilapidation provision

£





At 1 January 2024
135,000



At 31 December 2024
135,000

The dilapidation provision represents management's best estimate of the cost required to restore the leased property to its original condition at the end of the lease term. This provision has been capitalised as part of the cost of the leasehold property and will be amortised over the remaining life of the lease.

 
Page 7