Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-09-19falseNo description of principal activity46truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC783102 2023-09-18 SC783102 2023-09-19 2024-09-30 SC783102 2022-09-19 2023-09-18 SC783102 2024-09-30 SC783102 c:Director1 2023-09-19 2024-09-30 SC783102 c:Director1 2024-09-30 SC783102 c:Director2 2023-09-19 2024-09-30 SC783102 c:Director2 2024-09-30 SC783102 c:RegisteredOffice 2023-09-19 2024-09-30 SC783102 d:PlantMachinery 2023-09-19 2024-09-30 SC783102 d:PlantMachinery 2024-09-30 SC783102 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-19 2024-09-30 SC783102 d:CurrentFinancialInstruments 2024-09-30 SC783102 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC783102 d:ShareCapital 2024-09-30 SC783102 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC783102 c:OrdinaryShareClass1 2023-09-19 2024-09-30 SC783102 c:OrdinaryShareClass1 2024-09-30 SC783102 c:OrdinaryShareClass2 2023-09-19 2024-09-30 SC783102 c:OrdinaryShareClass2 2024-09-30 SC783102 c:OrdinaryShareClass3 2023-09-19 2024-09-30 SC783102 c:OrdinaryShareClass3 2024-09-30 SC783102 c:OrdinaryShareClass4 2023-09-19 2024-09-30 SC783102 c:OrdinaryShareClass4 2024-09-30 SC783102 c:FRS102 2023-09-19 2024-09-30 SC783102 c:AuditExemptWithAccountantsReport 2023-09-19 2024-09-30 SC783102 c:FullAccounts 2023-09-19 2024-09-30 SC783102 c:PrivateLimitedCompanyLtd 2023-09-19 2024-09-30 SC783102 e:PoundSterling 2023-09-19 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC783102










OAKFELL LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
OAKFELL LIMITED
 

COMPANY INFORMATION


Directors
Suzanne Easdon (appointed 19 September 2023)
John Paul William Easdon (appointed 19 September 2023)




Registered number
SC783102



Registered office
14 City Quay

Dundee

DD1 3JA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
OAKFELL LIMITED
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OAKFELL LIMITED
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oakfell Limited for the Period ended 30 September 2024 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotlandwe are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of Directors of Oakfell Limited, as a body, in accordance with the terms of our engagement letter dated 13 February 2024Our work has been undertaken solely to prepare for your approval the financial statements of Oakfell Limited and state those matters that we have agreed to state to the Board of Directors of Oakfell Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oakfell Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Oakfell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oakfell Limited. You consider that Oakfell Limited is exempt from the statutory audit requirement for the Period.

We have not been instructed to carry out an audit or review of the financial statements of Oakfell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



EQ Accountants Limited
 
Chartered Accountants
  
14 City Quay
Dundee
DD1 3JA
19 June 2025
Page 1

 
OAKFELL LIMITED
REGISTERED NUMBER: SC783102

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
£

Fixed assets
  

Tangible assets
 4 
5,986

  
5,986

Current assets
  

Debtors: amounts falling due within one year
 5 
167,351

Cash at bank and in hand
  
24,006

  
191,357

Creditors: amounts falling due within one year
 6 
(130,790)

Net current assets
  
 
 
60,567

Total assets less current liabilities
  
66,553

  

Net assets
  
66,553


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
66,453

  
66,553


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 June 2025.




Suzanne Easdon
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
OAKFELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


GENERAL INFORMATION

Oakfell Limited is a private company, limited by shares, registered in Scotland with the registration
number SC783102. The registered office is 14 City Quay, Dundee, United Kingdom, DD1 3JA.
The Company's functional and presentational currency is GBP. 

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
OAKFELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the Period was 46.


4.


TANGIBLE FIXED ASSETS





Plant and machinery

£



COST OR VALUATION


Additions
6,870



At 30 September 2024

6,870



DEPRECIATION


Charge for the Period on owned assets
884



At 30 September 2024

884



NET BOOK VALUE



At 30 September 2024
5,986

Page 4

 
OAKFELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

5.


DEBTORS

2024
£


Trade debtors
133,857

Other debtors
33,494

167,351



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Other creditors
88,978

Accruals and deferred income
41,812

130,790



7.


SHARE CAPITAL

2024
£
ALLOTTED, CALLED UP AND FULLY PAID


45 A shares of £1.00 each
45
45 B shares of £1.00 each
45
5 C shares of £1.00 each
5
5 D shares of £1.00 each
5

100


100 alphabet shares of £1 each were issued upon incorporation.


Page 5