Company Registration No. 02617059 (England and Wales)
Oakhelm Limited
Unaudited accounts
for the year ended 31 August 2020
Oakhelm Limited
Unaudited accounts
Contents
Oakhelm Limited
Company Information
for the year ended 31 August 2020
Directors
John Carlisle
Celia Carlisle
Peter Orr
Company Number
02617059 (England and Wales)
Registered Office
Auriol Wines
Hight Street
Hartley Wintney
Hampshire
RG27 8NY
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Oakhelm Limited
Statement of financial position
as at
31 August 2020
Tangible assets
181,503
183,772
Inventories
111,888
111,859
Cash at bank and in hand
44,032
29,775
Creditors: amounts falling due within one year
(52,520)
(82,400)
Net current assets
144,431
118,365
Total assets less current liabilities
325,934
302,137
Provisions for liabilities
Deferred tax
(2,186)
(3,417)
Net assets
323,748
298,720
Called up share capital
252,077
252,077
Profit and loss account
71,671
46,643
Shareholders' funds
323,748
298,720
For the year ending 31 August 2020 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 15 May 2021 and were signed on its behalf by
John Carlisle
Director
Company Registration No. 02617059
Oakhelm Limited
Notes to the Accounts
for the year ended 31 August 2020
Oakhelm Limited is a private company, limited by shares, registered in England and Wales, registration number 02617059. The registered office is Auriol Wines, Hight Street, Hartley Wintney, Hampshire, RG27 8NY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 September 2019
170,000
87,502
257,502
At 31 August 2020
170,000
89,067
259,067
At 1 September 2019
-
73,730
73,730
Charge for the year
-
3,834
3,834
At 31 August 2020
-
77,564
77,564
At 31 August 2020
170,000
11,503
181,503
At 31 August 2019
170,000
13,772
183,772
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
33,157
39,638
Accrued income and prepayments
5,318
3,486
Other debtors
2,556
16,007
Oakhelm Limited
Notes to the Accounts
for the year ended 31 August 2020
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
30,195
55,257
Taxes and social security
12,794
12,145
Loans from directors
33
-
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).