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REGISTERED NUMBER: 07496886 (England and Wales)















ORACLE WEALTH LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025






ORACLE WEALTH LTD (REGISTERED NUMBER: 07496886)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountants 6

ORACLE WEALTH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr H R Burland





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 07496886 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

ORACLE WEALTH LTD (REGISTERED NUMBER: 07496886)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 14,250 13,646
14,250 13,646

CURRENT ASSETS
Debtors 6 9,625 10,194
Cash at bank 55,210 67,664
64,835 77,858
CREDITORS
Amounts falling due within one year 7 19,382 15,552
NET CURRENT ASSETS 45,453 62,306
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,703

75,952

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 49,703 65,952
SHAREHOLDERS' FUNDS 59,703 75,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:




Mr H R Burland - Director


ORACLE WEALTH LTD (REGISTERED NUMBER: 07496886)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Oracle Wealth 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
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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded the nearest £.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Computer Equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred 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 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ORACLE WEALTH LTD (REGISTERED NUMBER: 07496886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 8,937
AMORTISATION
At 1 February 2024
and 31 January 2025 8,937
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold and Computer
property Fittings Equipment Totals
£    £    £    £   
COST
At 1 February 2024 13,414 3,237 4,902 21,553
Additions - - 700 700
Disposals - (2,261 ) (4,140 ) (6,401 )
At 31 January 2025 13,414 976 1,462 15,852
DEPRECIATION
At 1 February 2024 - 3,224 4,683 7,907
Charge for year - - 74 74
Eliminated on disposal - (2,252 ) (4,127 ) (6,379 )
At 31 January 2025 - 972 630 1,602
NET BOOK VALUE
At 31 January 2025 13,414 4 832 14,250
At 31 January 2024 13,414 13 219 13,646

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 9,625 10,194

ORACLE WEALTH LTD (REGISTERED NUMBER: 07496886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 17,234 13,924
Other creditors 2,148 1,628
19,382 15,552

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
10,000 Ordinary £1 10,000 10,000

9. DIRECTORS TRANSACTIONS

The following interest free loans to a director subsisted during the year ended 31 January 2025 and the period ended 31 January 2024:

2025 2024
£    £   
Mr H R Burland
Balance outstanding at start of year 9,788 9,506
Amounts advanced 9,260 72,617
Amounts repaid (9,788 ) (72,335 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,260 9,788

ORACLE WEALTH LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
ORACLE WEALTH LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


25 February 2025