OAKMERE WEALTH MANAGEMENT LTD

Company Registration Number:
07874835 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

OAKMERE WEALTH MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

OAKMERE WEALTH MANAGEMENT LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,044,903 1,168,807
Tangible assets: 4 143,047 621,052
Total fixed assets: 1,187,950 1,789,859
Current assets
Debtors:   159,206 79,158
Cash at bank and in hand: 508,336 436,513
Total current assets: 667,542 515,671
Creditors: amounts falling due within one year: 5 (270,502) (268,575)
Net current assets (liabilities): 397,040 247,096
Total assets less current liabilities: 1,584,990 2,036,955
Creditors: amounts falling due after more than one year: 6 (683,846) (1,026,200)
Provision for liabilities: (25,841) (12,245)
Total net assets (liabilities): 875,303 998,510
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 875,203 998,410
Shareholders funds: 875,303 998,510

The notes form part of these financial statements

OAKMERE WEALTH MANAGEMENT LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: C A Brown
Status: Director

The notes form part of these financial statements

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 9 9

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,641,743
At 31 December 2024 1,641,743
Amortisation
At 01 January 2024 472,936
Charge for year 123,904
At 31 December 2024 596,840
Net book value
At 31 December 2024 1,044,903
At 31 December 2023 1,168,807

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 755,756
Additions 94,045
Disposals (609,281)
At 31 December 2024 240,520
Depreciation
At 01 January 2024 134,704
Charge for year 17,155
On disposals (54,386)
At 31 December 2024 97,473
Net book value
At 31 December 2024 143,047
At 31 December 2023 621,052

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Bank Loan £138000 Trade Creditors £979 Corporation Tax £92946 Social Security & Other taxes £7076 Other creditors £31501 Total £270502

OAKMERE WEALTH MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Bank Loan £665749 Other Creditors £18097 Total £683846