REGISTERED NUMBER: 12620695 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

OLIVER THOMAS KITCHENS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Sharp

N A Wallwork

REGISTERED OFFICE:

222 Church Street

Westhoughton

Bolton

Greater Manchester

BL5 3SX

REGISTERED NUMBER:

12620695 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

4

93,925

67,171

CURRENT ASSETS

Debtors

5

21,803

14,477

Cash at bank

11,741

57,828

33,544

72,305

CREDITORS

Amounts falling due within one year

6

77,504

71,919

NET CURRENT (LIABILITIES)/ASSETS

(43,960

)

386

TOTAL ASSETS LESS CURRENT LIABILITIES

49,965

67,557

CREDITORS

Amounts falling due after more than one year

7

43,755

24,250

NET ASSETS

6,210

43,307

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,208

43,305

SHAREHOLDERS' FUNDS

6,210

43,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

N A Wallwork - Director

P D Sharp - Director

1.	STATUTORY INFORMATION

Oliver Thomas Kitchens Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on cost

Office equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

59,189

17,790

19,165

1,285

97,429

Additions

-

-

49,435

-

49,435

At 31 May 2025

59,189

17,790

68,600

1,285

146,864

DEPRECIATION

At 1 June 2024

15,725

6,404

7,666

463

30,258

Charge for year

6,520

2,277

13,720

164

22,681

At 31 May 2025

22,245

8,681

21,386

627

52,939

NET BOOK VALUE

At 31 May 2025

36,944

9,109

47,214

658

93,925

At 31 May 2024

43,464

11,386

11,499

822

67,171

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

21,662

13,622

Social security and other

taxes

141

855

21,803

14,477

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

20,044

12,000

Trade creditors

-

1,043

Credit cards

8,221

7,230

Tax

-

720

VAT

3,286

9,580

Directors current account

44,753

40,546

Accrued expenses

1,200

800

77,504

71,919

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

43,755

24,250

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.