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REGISTERED NUMBER: 07453323 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

OAK WEALTH PLANNING LIMITED

OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAK WEALTH PLANNING LIMITED

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: R J Jordan
O Osman





REGISTERED OFFICE: Challenge House
Sherwood Drive
Bletchley
MK3 6DP





REGISTERED NUMBER: 07453323 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)

Balance Sheet
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 84,218 101,656
Tangible assets 5 724 966
84,942 102,622

CURRENT ASSETS
Cash in hand - 200

CREDITORS
Amounts falling due within one year 6 219,398 250,303
NET CURRENT LIABILITIES (219,398 ) (250,103 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(134,456

)

(147,481

)

CREDITORS
Amounts falling due after more than one
year

7

-

84,652

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (134,656 ) (232,333 )
SHAREHOLDERS' FUNDS (134,456 ) (232,133 )
(134,456 ) (147,481 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)

Balance Sheet - continued
30 NOVEMBER 2024


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 Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:




R J Jordan - Director



O Osman - Director


OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Oak Wealth Planning 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 represents net invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten 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.
Plant and machinery etc - 25% on reducing balance

The freehold property is recorded in the accounts at market value. The Director's consider the representative value of the property is of prime importance rather than the systematic depreciation being provided to write the asset off over its useful economic life. Depreciation is therefore not provided on freehold property in the accounts.

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 5 (2023 - 5 ) .

OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 174,375
AMORTISATION
At 1 December 2023 72,719
Charge for year 17,438
At 30 November 2024 90,157
NET BOOK VALUE
At 30 November 2024 84,218
At 30 November 2023 101,656

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 14,110
DEPRECIATION
At 1 December 2023 13,144
Charge for year 242
At 30 November 2024 13,386
NET BOOK VALUE
At 30 November 2024 724
At 30 November 2023 966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,716 77,131
Taxation and social security 139,301 138,771
Other creditors 60,381 34,401
219,398 250,303

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 84,652

OAK WEALTH PLANNING LIMITED (REGISTERED NUMBER: 07453323)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Director's R Jordan and O Osman.