OAK TREE TAXATION LTD

Company Registration Number:
14993516 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 10 July 2023

End date: 31 July 2024

OAK TREE TAXATION LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

OAK TREE TAXATION LTD

Company Information

for the Period Ended 31 July 2024




Registered office: 71-75
Shelton Street
Covent Garden
London
GBR
WC2H 9JQ
Company Registration Number: 14993516 (England and Wales)

OAK TREE TAXATION LTD

Balance sheet

As at 31 July 2024


Notes
13 months to
31 Jul 2024
£
Fixed assets
Intangible assets: 5 49,500
Tangible assets: 6 6,361
Total fixed assets: 55,861
Current assets
Debtors: 7 166,700
Cash at bank and in hand: 493,732
Total current assets: 660,432
Prepayments and accrued income: 36,822
Creditors: amounts falling due within one year: 8 ( 468,262 )
Net current assets (liabilities): 228,992
Total assets less current liabilities: 284,853
Total net assets (liabilities): 284,853

The notes form part of these financial statements

OAK TREE TAXATION LTD

Balance sheet continued

As at 31 July 2024


Notes
13 months to
31 Jul 2024
£
Capital and reserves
Called up share capital: 100
Profit and loss account: 284,753
Shareholders funds: 284,853

For the year ending 31 July 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 August 2024
And Signed On Behalf Of The Board By:

Name: Thomas Griffiths
Status: Director

Name: Courtney Griffiths
Status: Director

The notes form part of these financial statements

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover includes the amount received for services, plus any unbilled work in progress, minus any client pre-payments for services and net of VAT.

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to
    31 Jul 2024
    Average number of employees during the period 3

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Dividends

13 months to
31 Jul 2024
£
Dividends paid 15,000

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Intangible assets

Other Total
Cost £ £
Additions 49,500 49,500
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 49,500 49,500
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 July 2024 - -
Net book value
Net book value at 31 July 2024 49,500 49,500

Stock market investment

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
Additions 1,426 6,957 8,383
Disposals ( 342 ) - ( 342 )
Revaluations - - -
Transfers - - -
At 31 July 2024 1,084 6,957 8,041
Depreciation
Charge for year 219 1,512 1,731
On disposals ( 51 ) - ( 51 )
Other adjustments - - -
At 31 July 2024 168 1,512 1,680
Net book value
At 31 July 2024 916 5,445 6,361

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7. Debtors

13 months to
31 Jul 2024
£
Trade debtors 101,101
Other debtors 65,599
Total 166,700

Other debtors includes £65,599 of work in progress

OAK TREE TAXATION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

8.Creditors: amounts falling due within one year note

13 months to
31 Jul 2024
£
Bank loans and overdrafts 253
Trade creditors 2,561
Taxation and social security 211,289
Other creditors 254,159
Total 468,262

Other creditors - contains £225,750 of client prepayments for work not yet prepared.