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
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
Thames Valley Oils Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
172,427
135,183
Debtors
1,306,782
1,325,378
Cash at bank and in hand
1,451,604
1,406,577
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
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
Thames Valley Oils Ltd
Notes to the Accounts
for the year ended 31 October 2024
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.
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.
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
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.
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
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
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
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
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
40,787
103,613
Taxes and social security
92,497
125,396
Other creditors
2,504
2,915
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.
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).