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REGISTERED NUMBER: 05924637 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Oakfern Ltd

Oakfern Ltd (Registered number: 05924637)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Oakfern Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: J P Williams





SECRETARY: Mrs E E Williams





REGISTERED OFFICE: Lower Tynewydd
Clytha
Raglan
Usk
Monmouthshire
NP15 3BQ





REGISTERED NUMBER: 05924637 (England and Wales)





ACCOUNTANTS: Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS

Oakfern Ltd (Registered number: 05924637)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 247,018 244,573

CURRENT ASSETS
Debtors 190,183 190,689
Cash at bank 33,227 35,165
223,410 225,854
CREDITORS
Amounts falling due within one year (114,585 ) (113,170 )
NET CURRENT ASSETS 108,825 112,684
TOTAL ASSETS LESS CURRENT LIABILITIES 355,843 357,257

CREDITORS
Amounts falling due after more than one
year

(14,088

)

(25,052

)
NET ASSETS 341,755 332,205

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 341,754 332,204
341,755 332,205

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Oakfern Ltd (Registered number: 05924637)

Abridged Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 April 2025 and were signed by:





J P Williams - Director


Oakfern Ltd (Registered number: 05924637)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Oakfern 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery25% on cost, Straight line over 5 years and Straight line over 3 years
Motor vehicles25% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Oakfern Ltd (Registered number: 05924637)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 323,338
Additions 2,508
At 30 September 2024 325,846
DEPRECIATION
At 1 October 2023 78,765
Charge for year 63
At 30 September 2024 78,828
NET BOOK VALUE
At 30 September 2024 247,018
At 30 September 2023 244,573