Oaktree Mortgages Limited 04914655 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is mortgage brokers Digita Accounts Production Advanced 6.30.9574.0 true 04914655 2024-04-01 2025-03-31 04914655 2025-03-31 04914655 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 04914655 bus:Micro-entities 2024-04-01 2025-03-31 04914655 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04914655 bus:FilletedAccounts 2024-04-01 2025-03-31 04914655 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04914655 bus:RegisteredOffice 2024-04-01 2025-03-31 04914655 bus:CompanySecretary1 2024-04-01 2025-03-31 04914655 bus:Director1 2024-04-01 2025-03-31 04914655 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04914655 bus:Agent1 2024-04-01 2025-03-31 04914655 countries:EnglandWales 2024-04-01 2025-03-31 04914655 2023-04-01 2024-03-31 04914655 2024-03-31 04914655 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 04914655

Oaktree Mortgages Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Oaktree Mortgages Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

Detailed Profit and Loss Account

4 to 5

 

Oaktree Mortgages Limited

Company Information

Director

Mr C R Whittaker

Company secretary

Mrs S J Whittaker

Registered office

14 Lanesborough Drive
Thurcaston
Leicester
Leicestershire
LE7 7JT

Accountants

Rafton Associates Ltd 8 Woodland Close
Markfield
Leicestershire
LE67 9QH

 

Oaktree Mortgages Limited

(Registration number: 04914655)
Balance Sheet as at 31 March 2025

2025
£

2024
£

Fixed assets

-

321

Current assets

143,258

135,423

Prepayments and accrued income

1,870

1,841

Creditors: Amounts falling due within one year

(11,113)

(15,783)

Net current assets

134,015

121,481

Total assets less current liabilities

134,015

121,802

Accruals and deferred income

(13,232)

(15,352)

 

120,783

106,450

Capital and reserves

120,783

106,450

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
14 Lanesborough Drive
Thurcaston
Leicester
Leicestershire
LE7 7JT

These financial statements were authorised for issue by the director on 13 May 2025.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

 

Oaktree Mortgages Limited

(Registration number: 04914655)
Balance Sheet as at 31 March 2025

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 May 2025
 

.........................................
Mr C R Whittaker
Director

 

Oaktree Mortgages Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
£

2024
£

Turnover (analysed below)

236,057

235,007

Cost of sales (analysed below)

(347)

(877)

Gross profit

235,710

234,130

Gross profit (%)

99.85%

99.63%

Administrative expenses

Employment costs (analysed below)

(166,876)

(134,943)

Establishment costs (analysed below)

(1,880)

(4,753)

General administrative expenses (analysed below)

(39,585)

(40,007)

Depreciation costs (analysed below)

(322)

(321)

(208,663)

(180,024)

Operating profit

27,047

54,106

Other interest receivable and similar income (analysed below)

2,435

1,295

Profit before tax

29,482

55,401

 

Oaktree Mortgages Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
£

2024
£

   

Turnover

Rendering of services, UK

236,057

235,007

   

Cost of sales

Commissions payable

(347)

(877)

   

Employment costs

Wages and salaries (excluding directors)

(70,959)

(68,493)

Directors remuneration

(1,100)

-

Staff pensions (Defined contribution)

(21,320)

(1,285)

Subcontract cost

(73,497)

(65,165)

(166,876)

(134,943)

   

Establishment costs

Insurance

(1,843)

(1,960)

Repairs and maintenance

(37)

(2,793)

(1,880)

(4,753)

   

General administrative expenses

Telephone and fax

(1,100)

(1,062)

Computer software and maintenance costs

-

(1,126)

Printing, postage and stationery

(251)

(1,124)

Trade subscriptions

(6,307)

(5,611)

Sundry expenses

(565)

(288)

Management charges payable

(24,000)

(21,000)

Motor expenses

(3,728)

(4,437)

Advertising

-

(1,048)

Staff entertaining

(111)

-

Customer entertaining and gifts

(251)

(73)

Accountancy fees

(3,272)

(3,232)

Legal and professional fees

-

(1,006)

(39,585)

(40,007)

   

Depreciation costs

Depreciation of fixtures and fittings (owned)

(322)

(321)

   

Other interest receivable and similar income

Bank interest receivable

2,421

1,295

Other interest receivable

14

-

2,435

1,295