Acorah Software Products - Accounts Production 16.5.460 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06410625 Mr Nadeem Butt Ms Zameed Akhtar Mr Shoaib Rahim Dr Salman Iqbal Mr Kayarash Kokabi Ms Sarah Binte Nasir Nabia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06410625 2023-08-31 06410625 2024-08-31 06410625 2023-09-01 2024-08-31 06410625 frs-core:CurrentFinancialInstruments 2024-08-31 06410625 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 06410625 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 06410625 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 06410625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 06410625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06410625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 06410625 frs-core:MotorVehicles 2024-08-31 06410625 frs-core:MotorVehicles 2023-09-01 2024-08-31 06410625 frs-core:MotorVehicles 2023-08-31 06410625 frs-core:PlantMachinery 2024-08-31 06410625 frs-core:PlantMachinery 2023-09-01 2024-08-31 06410625 frs-core:PlantMachinery 2023-08-31 06410625 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06410625 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06410625 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06410625 frs-bus:SmallEntities 2023-09-01 2024-08-31 06410625 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06410625 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06410625 frs-bus:Director1 2023-09-01 2024-08-31 06410625 frs-bus:Director2 2023-09-01 2024-08-31 06410625 frs-bus:Director3 2023-09-01 2024-08-31 06410625 frs-bus:Director4 2023-09-01 2024-08-31 06410625 frs-bus:Director5 2023-09-01 2024-08-31 06410625 frs-bus:Director6 2023-09-01 2024-08-31 06410625 frs-countries:EnglandWales 2023-09-01 2024-08-31 06410625 2022-08-31 06410625 2023-08-31 06410625 2022-09-01 2023-08-31 06410625 frs-core:CurrentFinancialInstruments 2023-08-31 06410625 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06410625
Oakwood Education
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06410625
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 827,497 835,177
827,497 835,177
CURRENT ASSETS
Debtors 5 7,412 -
Cash at bank and in hand 150,893 76,576
158,305 76,576
Creditors: Amounts Falling Due Within One Year 6 (104,303 ) (56,949 )
NET CURRENT ASSETS (LIABILITIES) 54,002 19,627
TOTAL ASSETS LESS CURRENT LIABILITIES 881,499 854,804
NET ASSETS 881,499 854,804
Profit and Loss Account 881,499 854,804
SHAREHOLDERS' FUNDS 881,499 854,804
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nadeem Butt
Director
15 July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Oakwood Education is a private company, limited by shares, incorporated in England & Wales, registered number 06410625 . The registered office is 117 Tennyson Road, Luton, Bedfordshire, LU1 3RR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold N/A
Leasehold 25%
Plant & Machinery 20%
Motor Vehicles N/A
3. Average Number of Employees
Average number of employees, including directors, during the year was: 29 (2023: 25)
29 25
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £ £
Cost
As at 1 September 2023 802,442 75,873 84,816 6,000 969,131
As at 31 August 2024 802,442 75,873 84,816 6,000 969,131
Depreciation
As at 1 September 2023 - 53,216 74,738 6,000 133,954
Provided during the period - 5,664 2,016 - 7,680
As at 31 August 2024 - 58,880 76,754 6,000 141,634
Net Book Value
As at 31 August 2024 802,442 16,993 8,062 - 827,497
As at 1 September 2023 802,442 22,657 10,078 - 835,177
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,412 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,050 -
Other creditors 183 286
Taxation and social security 103,070 56,663
104,303 56,949
7. Share Capital
Page 3