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Company Registration No. 12531964 (England and Wales)
Oakyarde Digital Ltd Unaudited accounts for the year ended 31 March 2024
Oakyarde Digital Ltd Unaudited accounts Contents
Page
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Oakyarde Digital Ltd Company Information for the year ended 31 March 2024
Director
Ms Terri Fenwick
Company Number
12531964 (England and Wales)
Registered Office
8 Bunting Close Newton Abbot Devon TQ12 6BU United Kingdom
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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Oakyarde Digital Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,022 
1,601 
Current assets
Debtors
735 
4,984 
Cash at bank and in hand
33,221 
27,815 
33,956 
32,799 
Creditors: amounts falling due within one year
7,418 
(2,382)
Net current assets
41,374 
30,417 
Total assets less current liabilities
43,396 
32,018 
Creditors: amounts falling due after more than one year
(2,000)
(3,500)
Net assets
41,396 
28,518 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
41,386 
28,508 
Shareholders' funds
41,396 
28,518 
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 October 2024 and were signed on its behalf by
Ms Terri Fenwick Director Company Registration No. 12531964
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Oakyarde Digital Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Oakyarde Digital Ltd is a private company, limited by shares, registered in England and Wales, registration number 12531964. The registered office is 8 Bunting Close, Newton Abbot, Devon, TQ12 6BU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line Basis
Computer equipment
25% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
881 
1,787 
2,668 
Additions
553 
897 
1,450 
At 31 March 2024
1,434 
2,684 
4,118 
Depreciation
At 1 April 2023
220 
847 
1,067 
Charge for the year
358 
671 
1,029 
At 31 March 2024
578 
1,518 
2,096 
Net book value
At 31 March 2024
856 
1,166 
2,022 
At 31 March 2023
661 
940 
1,601 
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Oakyarde Digital Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
735 
1,978 
Other debtors
- 
3,006 
735 
4,984 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,500 
1,500 
Trade creditors
25 
- 
Taxes and social security
12,489 
9,939 
Loans from directors
(22,302)
(9,867)
Accruals
870 
810 
(7,418)
2,382 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,000 
3,500 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ms Terri Fenwick
Loan to Director
- 
21,758 
- 
21,758 
- 
21,758 
- 
21,758 
The company made a loan of £21,758 to the director. Interest of £544 was charged on the loan at a rate of 2.5%. The loan is unsecured and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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