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Registered number: 13560434
Oxted House Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Williams Stanley & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13560434
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,430 3,430
Tangible Assets 5 607,687 462,252
611,117 465,682
CURRENT ASSETS
Stocks 6 18,348 13,000
Debtors 7 949,287 33,808
Cash at bank and in hand 411,078 151,749
1,378,713 198,557
Creditors: Amounts Falling Due Within One Year 8 (610,548 ) (534,658 )
NET CURRENT ASSETS (LIABILITIES) 768,165 (336,101 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,379,282 129,581
Creditors: Amounts Falling Due After More Than One Year 9 (84,385 ) (92,975 )
NET ASSETS 1,294,897 36,606
CAPITAL AND RESERVES
Called up share capital 10 200 200
Share premium account 1,250,000 -
Profit and Loss Account 44,697 36,406
SHAREHOLDERS' FUNDS 1,294,897 36,606
Page 1
Page 2
For the year ending 30 September 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 Graham Ford
Director
29/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oxted House Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13560434 . The registered office is 46 Station Road East, Oxted, RH8 0PG.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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:
Leasehold 15 years straight line
Plant & Machinery 20% Straight Line
Fixtures & Fittings 15% Straight Line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 75 (2023: NIL)
75 -
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 3,430
As at 30 September 2024 3,430
Net Book Value
As at 30 September 2024 3,430
As at 1 October 2023 3,430
Page 3
Page 4
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2023 286,552 131,849 375 59,924 478,700
Additions 173,118 879 - 29,110 203,107
Disposals - - (375 ) - (375 )
As at 30 September 2024 459,670 132,728 - 89,034 681,432
Depreciation
As at 1 October 2023 - 12,109 - 4,339 16,448
Provided during the period 20,612 26,400 - 10,285 57,297
As at 30 September 2024 20,612 38,509 - 14,624 73,745
Net Book Value
As at 30 September 2024 439,058 94,219 - 74,410 607,687
As at 1 October 2023 286,552 119,740 375 55,585 462,252
6. Stocks
2024 2023
£ £
Stock 18,348 13,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 22,568
Amounts owed by group undertakings 939,821 2,740
Other debtors 9,466 8,500
949,287 33,808
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 286,942 64,466
Bank loans and overdrafts 640 -
Other loans 400 340,938
Other creditors 192,616 63,683
Taxation and social security 129,950 65,571
610,548 534,658
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 84,385 92,975
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 5