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REGISTERED NUMBER: 13833125 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

OAK PRIVATE WEALTH LTD

OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAK PRIVATE WEALTH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2025







DIRECTORS: T C Parker
J M Parker





REGISTERED OFFICE: 1 King William Street
London
EC4N 7AF





REGISTERED NUMBER: 13833125 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

BALANCE SHEET
31ST JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,821 2,445

CURRENT ASSETS
Debtors 5 66,248 104,834
Cash at bank 84,209 56,517
150,457 161,351
CREDITORS
Amounts falling due within one year 6 116,701 89,963
NET CURRENT ASSETS 33,756 71,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,577

73,833

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 37,577 68,833
42,577 73,833

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

BALANCE SHEET - continued
31ST JANUARY 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd April 2025 and were signed on its behalf by:





J M Parker - Director


OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

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


1. STATUTORY INFORMATION

Oak Private 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.

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
Fixture & fittings - 20% reducing balance
Computer equipment - 20% reducing balance

Taxation
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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2024 3,231
Additions 7,993
At 31st January 2025 11,224
DEPRECIATION
At 1st February 2024 786
Charge for year 1,617
At 31st January 2025 2,403
NET BOOK VALUE
At 31st January 2025 8,821
At 31st January 2024 2,445

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,870 4,250
Other debtors 63,378 100,584
66,248 104,834

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 109,298 85,507
Other creditors 7,403 4,456
116,701 89,963

OAK PRIVATE WEALTH LTD (REGISTERED NUMBER: 13833125)

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


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

2025 2024
£    £   
J M Parker and T C Parker
Balance outstanding at start of year 45,538 (19 )
Amounts advanced 213,309 229,413
Amounts repaid (260,000 ) (183,856 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,153 ) 45,538