Registered Number 02073117

OAKSTONE DEVELOPMENTS LIMITED

Abbreviated Accounts

30 September 2016

OAKSTONE DEVELOPMENTS LIMITED Registered Number 02073117

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 169,853 178,002
169,853 178,002
Current assets
Stocks 1,195,926 357,043
Debtors 766,760 1,636,789
Cash at bank and in hand 1,159,469 577,683
3,122,155 2,571,515
Creditors: amounts falling due within one year (1,401,405) (1,632,793)
Net current assets (liabilities) 1,720,750 938,722
Total assets less current liabilities 1,890,603 1,116,724
Total net assets (liabilities) 1,890,603 1,116,724
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,889,603 1,115,724
Shareholders' funds 1,890,603 1,116,724
  • For the year ending 30 September 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 May 2017

And signed on their behalf by:
A j Phillips, Director

OAKSTONE DEVELOPMENTS LIMITED Registered Number 02073117

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover is stated before VAT and after any reductions, credits or discounts

Tangible assets depreciation policy
Assets are depreciated on a reducing balance basis except that teh company does not depreciate buildings..

Valuation information and policy
Assets, liabilities, income and expenditure are valued on an histoorical cost basis.

2Tangible fixed assets
£
Cost
At 1 October 2015 386,085
Additions 34,066
Disposals -
Revaluations -
Transfers -
At 30 September 2016 420,151
Depreciation
At 1 October 2015 208,083
Charge for the year 42,215
On disposals -
At 30 September 2016 250,298
Net book values
At 30 September 2016 169,853
At 30 September 2015 178,002