| Oak Electrical Solutions Ltd |
| Registered Number:10646077 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Oak Electrical Solutions Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Oak Electrical Solutions Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
24,725
37,037
2
24,725
37,037
| Trade and other receivables |
11,838
12,281
3
49,025
| Cash and cash equivalents |
85,082
97,363
60,863
| Trade and other payables: amounts falling due within one |
| year |
(16,030)
(18,171)
4
44,833
79,192
Net current assets
| Total assets less current liabilities |
103,917
81,870
(4,698)
-
| Provisions for liabilities |
99,219
Net assets
81,870
100
100
99,119
81,770
99,219
81,870
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 04 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Oak Electrical Solutions Ltd
Notes to the Financial Statements
Statutory Information
| Oak Electrical Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 10646077. |
18 Main Road
Holmesfield
Dronfield
S18 7WT
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
| 2. Property, plant and equipment |
Motor Vehicles
54,033
2,267
40,733
11,033
11,033
40,733
2,267
54,033
| Provision for depreciation and impairment |
16,996
567
10,183
6,246
Charge for year
12,312
567
10,184
1,561
29,308
1,134
20,367
7,807
3,226
20,366
1,133
24,725
4,787
30,550
1,700
37,037
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For the year ended 31 March 2025
Oak Electrical Solutions Ltd
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2024
2025
10,132
11,838
2,149
-
11,838
12,281
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
327
164
| Taxation and social security |
7,355
2,264
10,489
13,602
18,171
16,030
| 5. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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