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REGISTERED NUMBER: 10455318 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

OAKLEAF FINANCIAL LTD

OAKLEAF FINANCIAL LTD (REGISTERED NUMBER: 10455318)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


OAKLEAF FINANCIAL LTD

COMPANY INFORMATION
For The Year Ended 30 November 2023







DIRECTORS: D Becker
P Becker





SECRETARY: P Becker





REGISTERED OFFICE: Long Lodge
The Drive
Wonersh
Guildford
Surrey
GU5 0QW





REGISTERED NUMBER: 10455318 (England and Wales)

OAKLEAF FINANCIAL LTD (REGISTERED NUMBER: 10455318)

ABRIDGED BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 714 -

CURRENT ASSETS
Debtors 408 75,111
Cash at bank and in hand 80,772 60,517
81,180 135,628
CREDITORS
Amounts falling due within one year 18,053 31,515
NET CURRENT ASSETS 63,127 104,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,841

104,113

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 63,831 104,103
SHAREHOLDERS' FUNDS 63,841 104,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





D Becker - Director


OAKLEAF FINANCIAL LTD (REGISTERED NUMBER: 10455318)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

Oakleaf Financial Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' 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 cost convention.

Turnover
Turnover represents sales of financial services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
Company contributions payable to the director's pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 780
At 30 November 2023 780
DEPRECIATION
Charge for year 66
At 30 November 2023 66
NET BOOK VALUE
At 30 November 2023 714

OAKLEAF FINANCIAL LTD (REGISTERED NUMBER: 10455318)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2023


5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 9,912 -
Between one and five years 18,173 -
28,085 -

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 November 2023, the company had loaned a director £28,060 (2022 £75,000). This was the maximum amount owed during the year and was repaid on 31 March 2024. Interest was charged on the balance at the year end.