Company Registration No. 04827838 (England and Wales)
Oakwood Fencing Services Limited
Unaudited accounts
for the year ended 31 July 2022
Oakwood Fencing Services Limited
Unaudited accounts
Contents
Oakwood Fencing Services Limited
Company Information
for the year ended 31 July 2022
Company Number
04827838 (England and Wales)
Registered Office
1 LUTHER DRIVE
TIPTREE
ESSEX
CO5 0SQ
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Oakwood Fencing Services Limited
Statement of financial position
as at 31 July 2022
Tangible assets
51,137
56,789
Cash at bank and in hand
21,291
46,353
Creditors: amounts falling due within one year
(223,360)
(181,818)
Net current assets
55,425
70,427
Total assets less current liabilities
106,562
127,216
Creditors: amounts falling due after more than one year
(20,388)
(29,486)
Provisions for liabilities
Deferred tax
(10,227)
(11,357)
Called up share capital
100
100
Profit and loss account
75,847
86,273
Shareholders' funds
75,947
86,373
For the year ending 31 July 2022 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 director acknowledges his 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 and authorised for issue on 24 July 2023 and were signed on its behalf by
M Harris
Director
Company Registration No. 04827838
Oakwood Fencing Services Limited
Notes to the Accounts
for the year ended 31 July 2022
Oakwood Fencing Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04827838. The registered office is 1 LUTHER DRIVE, TIPTREE, ESSEX, CO5 0SQ.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
25% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2021
15,874
123,327
1,670
140,871
Additions
-
12,450
-
12,450
Disposals
-
(16,718)
-
(16,718)
At 31 July 2022
15,874
119,059
1,670
136,603
At 1 August 2021
9,965
72,694
1,423
84,082
Charge for the year
591
15,213
66
15,870
On disposals
-
(14,486)
-
(14,486)
At 31 July 2022
10,556
73,421
1,489
85,466
At 31 July 2022
5,318
45,638
181
51,137
At 31 July 2021
5,909
50,633
247
56,789
Oakwood Fencing Services Limited
Notes to the Accounts
for the year ended 31 July 2022
Amounts falling due within one year
Trade debtors
206,744
154,374
Other debtors
16,593
16,593
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
8,306
20,725
Trade creditors
158,520
138,983
Taxes and social security
913
3,935
Loans from directors
15,063
15,077
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
9,610
18,708
Other creditors
10,778
10,778
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 8 (2021: 7).