Oak Projects (Wallington) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12110771

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	892,211		883,147
Debtors	5	18,406		19,507
Cash at bank and in hand		2,918		65

		913,535		902,719
Creditors: Amounts Falling Due Within One Year	6	(18,772 )		(5,344 )

NET CURRENT ASSETS (LIABILITIES)			894,763		897,375

TOTAL ASSETS LESS CURRENT LIABILITIES			894,763		897,375

Creditors: Amounts Falling Due After More Than One Year	7		(905,746 )		(904,869 )

NET LIABILITIES			(10,983 )		(7,494 )

CAPITAL AND RESERVES
Called up share capital	8		150		150
Profit and Loss Account			(11,133 )		(7,644 )

SHAREHOLDERS' FUNDS			(10,983)		(7,494)

Page 1

Page 2

Oak Projects (Wallington) Ltd

Balance Sheet (continued)

As At 31 July 2024

For the year ending 31 July 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 Clifford Miles

Director

31/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Oak Projects (Wallington) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12110771 . The registered office is 4a Linden Drive, Chaldon, Caterham, Surrey, CR3 5AS.

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. 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: 2 (2023: 3)

4. Stocks

	2024	2023
	£	£
Work in progress	892,211	883,147

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	18,200	18,200
Other debtors (1)	75	75
VAT	131	1,232

	18,406	19,507

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	15,452	3,000
Accruals and deferred income	3,320	2,344

	18,772	5,344

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other loans	569,046	568,169
Other creditors (1)	336,700	336,700

	905,746	904,869

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Page 4

Oak Projects (Wallington) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	150	150