Oakmays Ltd,Ltd - AccountsLtd - Accounts

Oakmays Ltd,Ltd - AccountsLtd - Accounts

OAKMAYS LIMITED - Company Information

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2019-01-01 03203798 2019-12-31 03203798 2019-01-01 2019-12-31 03203798 2018-12-31 03203798 2018-01-01 2018-12-31 03203798 uk-core:WithinOneYear 2018-12-31 03203798 uk-core:WithinOneYear 2019-12-31 03203798 uk-core:AfterOneYear 2018-12-31 03203798 uk-core:AfterOneYear 2019-12-31 03203798 uk-core:ShareCapital 2019-12-31 03203798 uk-core:ShareCapital 2018-12-31 03203798 uk-core:RetainedEarningsAccumulatedLosses 2019-12-31 03203798 uk-core:RetainedEarningsAccumulatedLosses 2018-12-31 03203798 uk-bus:Director1 2019-01-01 2019-12-31 03203798 uk-core:OtherResidualIntangibleAssets 2018-12-31 03203798 uk-core:OtherResidualIntangibleAssets 2019-12-31 iso4217:GBP xbrli:pure 03203798 uk-bus:AuditExemptWithAccountantsReport 2019-01-01 2019-12-31 03203798 uk-bus:FRS102 2019-01-01 2019-12-31 03203798 uk-bus:FullAccounts 2019-01-01 2019-12-31 03203798 uk-bus:PrivateLimitedCompanyLtd 2019-01-01 2019-12-31
Oakmays Ltd
Registered Number:03203798
For the year ended 31 December 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2019
Oakmays Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
03203798
As at 31 December 2019
Oakmays Ltd
Statement of Financial Position
£
£
2018
2019
Notes
Fixed assets
Intangible assets
270
270
2
270
270
Current assets
Inventories
19,000
17,000
3
Trade and other receivables
2,393
412
4
6,324
Cash and cash equivalents
2,978
20,390
27,717
Trade and other payables: amounts falling due within one
year
(38,587)
(38,050)
5
(10,870)
(17,660)
Net current liabilities
Total assets less current liabilities
(17,390)
(10,600)
Trade and other payables: amounts falling due after more
than one year
(93,890)
(103,672)
6
(121,062)
Net liabilities
(104,490)
Capital and reserves
Called up share capital
2
2
Retained earnings
(121,064)
(104,492)
(121,062)
(104,490)
Shareholders' funds
For the year ended 31 December 2019 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 of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
03203798
For the year ended 31 December 2019
Oakmays Ltd
Statement of Financial Position Continued
Richard Stebbings Director
These financial statements were approved and authorised for issue by the Board on 30 October 2020 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2019
Oakmays Ltd
Notes to the Financial Statements
Statutory Information
Oakmays Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
03203798.
Registered address:
3b Drum Industrial Estate
Chester Le Street
County Durham
DH2 1AG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 January 2019
270
At 31 December 2019
270
Net book value
At 31 December 2019
270
At 31 December 2018
270
3. Inventories
2018
2019
£
£
Stocks
17,000
19,000
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6
For the year ended 31 December 2019
Oakmays Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2018
2019
£
£
Trade debtors
412
2,393
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
34,934
34,546
Taxation and social security
37
1,145
Other creditors
3,079
2,896
38,050
38,587
6. Trade and other payables: amounts falling due after more than one year
2018
2019
£
£
Other creditors
103,672
93,890
7. Average number of persons employed
During the year the average number of employees was 0
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