OAKS FLOORING LIMITED

Company Registration Number:
03520826 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

OAKS FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

OAKS FLOORING LIMITED

Company Information

for the Period Ended 30 April 2025




Director: I Hopson
A Hopson
T Hopson
Secretary: P W Coulson
Registered office: 17
Lambsfrith Grove
Hempstead
Gillingham
England
ME7 3RU
Company Registration Number: 03520826 (England and Wales)

OAKS FLOORING LIMITED

Directors' Report Period Ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Principal Activities

The principal activity of the company in the period under review continues to be that of the retail of carpets and floor-coverings.

Political and charitable donations

During the year the company did not make any political or charitable contributions.

Additional information

The company changed its name to Oaks Flooring Limited on 26 September 2024.

Directors

The directors shown below have held office during the whole of the period from 01 May 2024 to 30 April 2025
I Hopson
A Hopson
T Hopson

Secretary
P W Coulson

This report was approved by the board of directors on 20 August 2025
And Signed On Behalf Of The Board By:

Name: I Hopson
Status: Director

OAKS FLOORING LIMITED

Profit and Loss Account

for the Period Ended 30 April 2025


Notes

2025
£

2024
£
Turnover 1,950,338 1,756,460
Cost of sales ( 1,136,454 ) ( 1,101,276 )
Gross Profit or (Loss) 813,884 655,184
Administrative Expenses ( 512,432 ) ( 475,139 )
Operating Profit or (Loss) 301,452 180,045
Interest Receivable and Similar Income 20,476 9,564
Profit or (Loss) Before Tax 321,928 189,609
Tax on Profit ( 71,839 ) ( 48,985 )
Profit or (Loss) for Period 250,089 140,624

The notes form part of these financial statements

OAKS FLOORING LIMITED

Balance sheet

As at 30 April 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 5 76,290 39,511
Total fixed assets: 76,290 39,511
Current assets
Debtors: 6 233,336 209,879
Cash at bank and in hand: 1,073,854 928,969
Total current assets: 1,307,190 1,138,848
Creditors: amounts falling due within one year: 7 ( 365,219 ) ( 312,187 )
Net current assets (liabilities): 941,971 826,661
Total assets less current liabilities: 1,018,261 866,172
Total net assets (liabilities): 1,018,261 866,172

The notes form part of these financial statements

OAKS FLOORING LIMITED

Balance sheet continued

As at 30 April 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,018,161 866,072
Shareholders funds: 1,018,261 866,172

For the year ending 30 April 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 August 2025
And Signed On Behalf Of The Board By:

Name: I Hopson
Status: Director

The notes form part of these financial statements

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    The accounts have been prepared under the historical cost convention.

    Turnover policy

    Turnover represents net invoiced sales of goods and services, excluding Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures, fittings and equipment :- 25% on reducing balance; Motor vehicles :- 25% on reducing balance.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed when circumstances indicate that the carrying value of an asset may not be fully recoverable.

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 10 9

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 3. Off balance sheet disclosure

    No

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Dividends


2025
£

2024
£
Dividends paid 98,000 98,000

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Tangible assets

Fixtures & fittings Motor vehicles Total
Cost £ £ £
At 01 May 2024 37,101 85,015 122,116
Additions 1,729 63,712 65,441
Disposals - ( 24,200 ) ( 24,200 )
Revaluations - - -
Transfers - - -
At 30 April 2025 38,830 124,527 163,357
Depreciation
At 01 May 2024 25,496 57,109 82,605
Charge for year 3,334 22,097 25,431
On disposals - ( 20,969 ) ( 20,969 )
Other adjustments - - -
At 30 April 2025 28,830 58,237 87,067
Net book value
At 30 April 2025 10,000 66,290 76,290
At 30 April 2024 11,605 27,906 39,511

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

6. Debtors


2025
£

2024
£
Trade debtors 218,545 202,775
Other debtors 14,791 7,104
Total 233,336 209,879

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

7.Creditors: amounts falling due within one year note


2025
£

2024
£
Bank loans and overdrafts 45,118 21,520
Trade creditors 105,850 97,659
Taxation and social security 97,528 57,565
Other creditors 116,723 135,443
Total 365,219 312,187

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 8. Financial Commitments

    There were no capital commitments either contracted for or authorised by the directors but not contracted for at 30 April 2025 (2024: £nil).

OAKS FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 9. Post balance sheet events

    There were no significant post balance sheet events.