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REGISTERED NUMBER: 07101464 (England and Wales)













Unaudited Financial Statements

for the Period

1st January 2023 to 31st March 2024

for

Oakmount & Partners Limited

Oakmount & Partners Limited (Registered number: 07101464)






Contents of the Financial Statements
for the Period 1st January 2023 to 31st March 2024




Page

Company information 1

Abridged statement of financial position 2

Notes to the financial statements 4


Oakmount & Partners Limited

Company Information
for the Period 1st January 2023 to 31st March 2024







Directors: G King
C Blair
M L Hill





Registered office: Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX





Registered number: 07101464 (England and Wales)

Oakmount & Partners Limited (Registered number: 07101464)

Abridged Statement of Financial Position
31st March 2024

2024 2022
Notes £    £   
Fixed assets
Tangible assets 4 3,337 10,753

Current assets
Debtors 1,149,630 890,944
Investments 1,794,110 1,528,779
Cash at bank 51,719 109,170
2,995,459 2,528,893
Creditors
Amounts falling due within one year (1,133,434 ) (639,698 )
Net current assets 1,862,025 1,889,195
Total assets less current liabilities 1,865,362 1,899,948

Creditors
Amounts falling due after more than one
year

-

(80,598

)
Net assets 1,865,362 1,819,350

Capital and reserves
Called up share capital 1 1
Retained earnings 1,865,361 1,819,349
Shareholders' funds 1,865,362 1,819,350

Oakmount & Partners Limited (Registered number: 07101464)

Abridged Statement of Financial Position - continued
31st March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2024 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 Statement of income and retained earnings and an abridged Statement of financial position for the period ended 31st March 2024 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 28th January 2025 and were signed on its behalf by:





G King - Director


Oakmount & Partners Limited (Registered number: 07101464)

Notes to the Financial Statements
for the Period 1st January 2023 to 31st March 2024

1. Statutory information

Oakmount & Partners Limited 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Oakmount & Partners Limited (Registered number: 07101464)

Notes to the Financial Statements - continued
for the Period 1st January 2023 to 31st March 2024

3. Employees and directors

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

4. Tangible fixed assets
Totals
£   
Cost
At 1st January 2023
and 31st March 2024 124,903
Depreciation
At 1st January 2023 114,150
Charge for period 7,416
At 31st March 2024 121,566
Net book value
At 31st March 2024 3,337
At 31st December 2022 10,753

5. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 31st March 2024 and the year ended 31st December 2022:

2024 2022
£    £   
G King
Balance outstanding at start of period 445,831 641,721
Amounts advanced 532,712 445,831
Amounts repaid (868,412 ) (641,721 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 110,131 445,831