Caseware UK (AP4) 2024.0.164 2024.0.164 2023-07-01falsefalseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12669203 2024-06-30 12669203 c:Director1 2023-07-01 2024-06-30 12669203 2023-07-01 2024-06-30 12669203 2022-07-01 2023-06-30 12669203 2023-06-30 12669203 c:Director2 2023-07-01 2024-06-30 12669203 d:PlantMachinery 2023-07-01 2024-06-30 12669203 d:PlantMachinery 2024-06-30 12669203 d:PlantMachinery 2023-06-30 12669203 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12669203 d:CurrentFinancialInstruments 2024-06-30 12669203 d:CurrentFinancialInstruments 2023-06-30 12669203 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12669203 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12669203 d:ShareCapital 2024-06-30 12669203 d:ShareCapital 2023-06-30 12669203 d:RetainedEarningsAccumulatedLosses 2024-06-30 12669203 d:RetainedEarningsAccumulatedLosses 2023-06-30 12669203 c:FRS102 2023-07-01 2024-06-30 12669203 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12669203 c:FullAccounts 2023-07-01 2024-06-30 12669203 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12669203 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 12669203











LITTLE OAK FARM LIMITED
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 30 June 2024

















Coveney Nicholls Limited
Chartered Accountants
The Old Wheel House
31/37 Church Street
Reigate
Surrey
UK
RH2 0AD

 
LITTLE OAK FARM LIMITED
Registered number:12669203

Balance Sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,367
1,000

  
5,367
1,000

Current assets
  

Stocks
  
2,044
-

Debtors: amounts falling due within one year
 5 
-
12,141

Cash at bank and in hand
 6 
24,623
20,672

  
26,667
32,813

Creditors: amounts falling due within one year
 7 
(30,878)
(40,123)

Net current liabilities
  
 
 
(4,211)
 
 
(7,310)

Total assets less current liabilities
  
1,156
(6,310)

  

Net assets/(liabilities)
  
1,156
(6,310)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,056
(6,410)

  
1,156
(6,310)


The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 income and retained earnings 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 on 1 April 2025.



Page 1

 
LITTLE OAK FARM LIMITED
Registered number:12669203
    
Balance Sheet (continued)
As at 30 June 2024


Paul Simon Dunckley
Elizabeth Mary Dunckley
Director
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LITTLE OAK FARM LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 30 June 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oak Farm, Goose Green Lane, Goose Green, Pulborough, West Sussex, RH20 2LW, United Kingdom.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
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

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.

Page 3

 
LITTLE OAK FARM LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 30 June 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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:

Plant and machinery
-
20%

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.

 
2.4

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 balance sheet 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.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
LITTLE OAK FARM LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 30 June 2024

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 July 2023
1,500


Additions
5,000



At 30 June 2024

6,500



Depreciation


At 1 July 2023
500


Charge for the year on owned assets
633



At 30 June 2024

1,133



Net book value



At 30 June 2024
5,367



At 30 June 2023
1,000


5.


Debtors

2024
2023
£
£


Other debtors
-
12,141

-
12,141



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
24,623
20,672

24,623
20,672


Page 5

 
LITTLE OAK FARM LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 30 June 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
30,878
23,376

Other creditors
-
15,802

Accruals and deferred income
-
945

30,878
40,123



8.
Director's advances, credits and guarantees


2024

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

Mr P S Dunckley
(15,802)
15,802
-
-

2023

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

Mr P S Dunckley
(15,873)
71
-
(15,802)

 
Page 6