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Company Registration No. 04579133 (England and Wales)
Thames Valley Oils Ltd Unaudited accounts for the year ended 31 October 2024
Thames Valley Oils Ltd Unaudited accounts Contents
Page
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Thames Valley Oils Ltd Company Information for the year ended 31 October 2024
Directors
Gerald G O'Hara Lesley J O'Hara Clint R O'Hara Vincent O'Hara
Secretary
Lesley Joan O'Hara
Company Number
04579133 (England and Wales)
Registered Office
Pinstone Farm Oxford Road Gerrards Cross United Kingdom SL9 7AL England
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Thames Valley Oils Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
172,427 
135,183 
Current assets
Debtors
1,306,782 
1,325,378 
Cash at bank and in hand
1,451,604 
1,406,577 
2,758,386 
2,731,955 
Creditors: amounts falling due within one year
(197,966)
(307,147)
Net current assets
2,560,420 
2,424,808 
Net assets
2,732,847 
2,559,991 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
2,732,547 
2,559,691 
Shareholders' funds
2,732,847 
2,559,991 
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 directors acknowledge their 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 of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by
Gerald G O'Hara Director Company Registration No. 04579133
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Thames Valley Oils Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Thames Valley Oils Ltd is a private company, limited by shares, registered in England and Wales, registration number 04579133. The registered office is Pinstone Farm, Oxford Road, Gerrards Cross, United Kingdom, SL9 7AL, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
25% per annum reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Thames Valley Oils Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
39,713 
132,122 
166,695 
6,396 
344,926 
Additions
26,892 
18,445 
16,989 
- 
62,326 
At 31 October 2024
66,605 
150,567 
183,684 
6,396 
407,252 
Depreciation
At 1 November 2023
- 
92,701 
112,504 
4,538 
209,743 
Charge for the year
- 
10,362 
14,256 
464 
25,082 
At 31 October 2024
- 
103,063 
126,760 
5,002 
234,825 
Net book value
At 31 October 2024
66,605 
47,504 
56,924 
1,394 
172,427 
At 31 October 2023
39,713 
39,421 
54,191 
1,858 
135,183 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
176,004 
182,059 
Amounts due from group undertakings etc.
1,128,732 
1,128,732 
Other debtors
2,046 
13,750 
1,306,782 
1,324,541 
Amounts falling due after more than one year
Other debtors
- 
837 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
58,931 
72,992 
Trade creditors
40,787 
103,613 
Taxes and social security
92,497 
125,396 
Other creditors
2,504 
2,915 
Loans from directors
- 
73 
Accruals
3,247 
2,158 
197,966 
307,147 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
8
Transactions with related parties
At 31 October 2024, the company had an outstanding loan to Thames Valley Dwelling Limited of £1,128,732 (2023 - £1,128,732). This company has the same directors and shareholders.
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Thames Valley Oils Ltd Notes to the Accounts for the year ended 31 October 2024
9
Average number of employees
During the year the average number of employees was 10 (2023: 9).
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