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Company Registration No. 04550921 (England and Wales)
Oatlands Accounting Limited Unaudited accounts for the year ended 31 March 2025
Oatlands Accounting Limited Unaudited accounts Contents
Page
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Oatlands Accounting Limited Company Information for the year ended 31 March 2025
Director
Mr M Robinson
Company Number
04550921 (England and Wales)
Registered Office
5 CUNDALL WAY HARROGATE NORTH YORKSHIRE HG2 0DY
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Oatlands Accounting Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
754 
755 
Current assets
Debtors
2,000 
6,715 
Cash at bank and in hand
3,650 
1,136 
5,650 
7,851 
Creditors: amounts falling due within one year
(5,504)
(3,420)
Net current assets
146 
4,431 
Total assets less current liabilities
900 
5,186 
Provisions for liabilities
Deferred tax
(143)
(143)
Net assets
757 
5,043 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
752 
5,038 
Shareholders' funds
757 
5,043 
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 14 April 2025 and were signed on its behalf by
Mr M Robinson Director Company Registration No. 04550921
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Oatlands Accounting Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Oatlands Accounting Limited is a private company, limited by shares, registered in England and Wales, registration number 04550921. The registered office is 5 CUNDALL WAY, HARROGATE, NORTH YORKSHIRE, HG2 0DY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised over its useful life of 20 years.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Oatlands Accounting Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
14,500 
At 31 March 2025
14,500 
Amortisation
At 1 April 2024
14,500 
At 31 March 2025
14,500 
Net book value
At 31 March 2025
- 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
9,284 
Additions
250 
At 31 March 2025
9,534 
Depreciation
At 1 April 2024
8,529 
Charge for the year
251 
At 31 March 2025
8,780 
Net book value
At 31 March 2025
754 
At 31 March 2024
755 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
6,346 
Accrued income and prepayments
374 
369 
Other debtors
1,626 
- 
2,000 
6,715 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
4,645 
3,342 
Other creditors
163 
74 
Loans from directors
- 
4 
Accruals
696 
- 
5,504 
3,420 
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Oatlands Accounting Limited Notes to the Accounts for the year ended 31 March 2025
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
143 
143 
2025 
2024 
£ 
£ 
Provision at start of year
143 
191 
Credited to the profit and loss account
- 
(48)
Provision at end of year
143 
143 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan Account
4 
(1,630)
- 
(1,626)
4 
(1,630)
- 
(1,626)
Directors loan balances are repayable on demand.
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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