Company Registration No. 10231702 (England and Wales)
Oasis Inc Limited
Unaudited accounts
for the year ended 30 June 2024
Oasis Inc Limited
Unaudited accounts
Contents
Oasis Inc Limited
Company Information
for the year ended 30 June 2024
Directors
EMILY OLUWATOBI MADAMIDOLA
OLADIPO MADAMIDOLA
Company Number
10231702 (England and Wales)
Registered Office
56 Abbey Drive
Luton
Bedfordshire
LU2 0LQ
England
Oasis Inc Limited
Statement of financial position
as at 30 June 2024
Tangible assets
182,038
64,554
Cash at bank and in hand
9,215
43,856
Creditors: amounts falling due within one year
(157,756)
(109,966)
Net current liabilities
(148,541)
(66,110)
Total assets less current liabilities
33,497
(1,556)
Creditors: amounts falling due after more than one year
(35,000)
-
Net liabilities
(1,503)
(1,556)
Called up share capital
100
100
Profit and loss account
(1,603)
(1,656)
Shareholders' funds
(1,503)
(1,556)
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by
EMILY OLUWATOBI MADAMIDOLA
Director
Company Registration No. 10231702
Oasis Inc Limited
Notes to the Accounts
for the year ended 30 June 2024
Oasis Inc Limited is a private company, limited by shares, registered in England and Wales, registration number 10231702. The registered office is 56 Abbey Drive, Luton, Bedfordshire, LU2 0LQ, England.
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.
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:
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
64,554
400
64,954
Additions
117,484
-
117,484
At 30 June 2024
182,038
400
182,438
At 30 June 2024
182,038
-
182,038
At 30 June 2023
64,554
-
64,554
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
157,256
109,566
Oasis Inc Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).