Oakhirst Ltd
|
Registered number: |
02776056
|
Abbreviated Balance Sheet |
as at 31 December 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
- |
|
|
1 |
|
Current assets |
Stocks |
|
|
2,500 |
|
|
2,300 |
Debtors |
|
|
12,006 |
|
|
10,139 |
Cash at bank and in hand |
|
|
1 |
|
|
2 |
|
|
|
14,507 |
|
|
12,441 |
|
Creditors: amounts falling due within one year |
|
|
(59,814) |
|
|
(46,111) |
|
Net current liabilities |
|
|
|
(45,307) |
|
|
(33,670) |
|
Net liabilities |
|
|
|
(45,307) |
|
|
(33,669) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
(45,309) |
|
|
(33,671) |
|
Shareholder's funds |
|
|
|
(45,307) |
|
|
(33,669) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Mr Bruce Meek |
Director |
Approved by the board on 27 July 2015
|
|
Oakhirst Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2014
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant & Machinary |
25% reducing balalnce
|
|
Motor Vehicles |
25% reducing balalnce
|
|
Office Equipment |
25% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
129,102 |
|
At 31 December 2014 |
89,567 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
129,101 |
|
At 31 December 2014 |
89,567 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
- |
|
At 31 December 2013 |
1 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
- |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|