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Company Registration No. 03892478 (England and Wales)
Oakmasters Limited Unaudited accounts for the year ended 31 December 2024
Oakmasters Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Oakmasters Limited Company Information for the year ended 31 December 2024
Directors
E C Hamilton E J A Hamilton
Secretary
E J Hamilton
Company Number
03892478 (England and Wales)
Registered Office
The Lodge, Greentree Lane Shermanbury Road Partridge Green West Sussex RH13 8EU
Accountants
Bicknell Services Limited 18 Tennis Road Hove E Sussex BN3 4LR
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Oakmasters Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,279 
3,261 
Current assets
Inventories
20,000 
20,000 
Debtors
5
166,752 
137,802 
Cash at bank and in hand
19,367 
42,471 
206,119 
200,273 
Creditors: amounts falling due within one year
6
(131,195)
(100,309)
Net current assets
74,924 
99,964 
Total assets less current liabilities
76,203 
103,225 
Creditors: amounts falling due after more than one year
7
- 
(39,971)
Net assets
76,203 
63,254 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
76,103 
63,154 
Shareholders' funds
76,203 
63,254 
For the year ending 31 December 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 30 September 2025 and were signed on its behalf by
E C Hamilton Director Company Registration No. 03892478
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Oakmasters Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Oakmasters Limited is a private company, limited by shares, registered in England and Wales, registration number 03892478. The registered office is The Lodge, Greentree Lane, Shermanbury Road, Partridge Green, West Sussex, RH13 8EU.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
5,609 
550 
1,774 
7,933 
At 31 December 2024
5,609 
550 
1,774 
7,933 
Depreciation
At 1 January 2024
3,111 
274 
1,287 
4,672 
Charge for the year
1,402 
137 
443 
1,982 
At 31 December 2024
4,513 
411 
1,730 
6,654 
Net book value
At 31 December 2024
1,096 
139 
44 
1,279 
At 31 December 2023
2,498 
276 
487 
3,261 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,726 
7,299 
Amounts due from group undertakings etc.
1,609 
- 
Accrued income and prepayments
102,617 
117,703 
Other debtors
12,800 
12,800 
166,752 
137,802 
- 5 -
Oakmasters Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
26,908 
27,059 
Trade creditors
99,255 
69,028 
Taxes and social security
4,576 
3,673 
Other creditors
456 
549 
131,195 
100,309 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
39,971 
8
Controlling party
The controlling party is Oakmasters Group Limited. The company became 100% subsidiary of Oakmasters Group Limited as of 28 December 2017.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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