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REGISTERED NUMBER: 13682611 (England and Wales)















OAKFIELD TALENT DEVELOPMENT LIMITED

Unaudited Financial Statements

For The Year Ended 31 October 2024






OAKFIELD TALENT DEVELOPMENT LIMITED (REGISTERED NUMBER: 13682611)

Contents of the Financial Statements
For The Year Ended 31 October 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OAKFIELD TALENT DEVELOPMENT LIMITED

Company Information
For The Year Ended 31 October 2024







DIRECTORS: S P S Dane
Miss A V C Dane
Miss J E C Dane





REGISTERED OFFICE: Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH





REGISTERED NUMBER: 13682611 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

OAKFIELD TALENT DEVELOPMENT LIMITED (REGISTERED NUMBER: 13682611)

Abridged Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 541

CURRENT ASSETS
Debtors 168,990 104,802
Cash at bank 1,898 3,976
170,888 108,778
CREDITORS
Amounts falling due within one year 19,813 19,153
NET CURRENT ASSETS 151,075 89,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,075

90,166

CAPITAL AND RESERVES
Called up share capital 2 -
Retained earnings 151,073 90,166
151,075 90,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

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

OAKFIELD TALENT DEVELOPMENT LIMITED (REGISTERED NUMBER: 13682611)

Abridged Balance Sheet - continued
31 October 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 Income Statement and an abridged Balance Sheet for the year ended 31 October 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 Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





S P S Dane - Director


OAKFIELD TALENT DEVELOPMENT LIMITED (REGISTERED NUMBER: 13682611)

Notes to the Financial Statements
For The Year Ended 31 October 2024


1. STATUTORY INFORMATION

Oakfield Talent Development 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 is measured at the value of the consideration received or receivable, net of discounts, from the rendering of management consultancy services. Turnover is recognised according to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the duration of the contract with the period in the year that the service was provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% straight line

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 2 (2023 - 2 ) .

OAKFIELD TALENT DEVELOPMENT LIMITED (REGISTERED NUMBER: 13682611)

Notes to the Financial Statements - continued
For The Year Ended 31 October 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 1,625
DEPRECIATION
At 1 November 2023 1,084
Charge for year 541
At 31 October 2024 1,625
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 541

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
S P S Dane
Balance outstanding at start of year 77,279 22,118
Amounts advanced 183,702 118,248
Amounts repaid (100,991 ) (63,087 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 159,990 77,279

The above loan is unsecured and repayable on demand. Interest was charged at the official rate on all drawings above £10,000.