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REGISTERED NUMBER: 06377139 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

OASIS VENTURES LTD

OASIS VENTURES LTD (REGISTERED NUMBER: 06377139)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OASIS VENTURES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: P K Drayton





SECRETARY: R Drayton





REGISTERED OFFICE: Empress House
43A Binley Road
Coventry
CV3 1HU





REGISTERED NUMBER: 06377139 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants and Registered Auditors
Empress House
43A Binley Road
Coventry
CV3 1HU

OASIS VENTURES LTD (REGISTERED NUMBER: 06377139)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 102 -
Cash at bank 101 117
203 117
CREDITORS
Amounts falling due within one year 6 11,512 7,993
NET CURRENT LIABILITIES (11,309 ) (7,876 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,309

)

(7,876

)

CREDITORS
Amounts falling due after more than one
year

7

1,106

2,550
NET LIABILITIES (12,415 ) (10,426 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (12,416 ) (10,427 )
SHAREHOLDERS' FUNDS (12,415 ) (10,426 )

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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2025 and were signed by:




P K Drayton - Director


OASIS VENTURES LTD (REGISTERED NUMBER: 06377139)

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

1. STATUTORY INFORMATION

Oasis Ventures 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

he accounts have been prepared on a going concern basis.

The company was adversely affected by the Covid-19 pandemic, with demand for the company’s services reducing.

In the current year the company has a loss after tax of £1,989 (2023: profits of £1,961. The company has reported net liabilities for the year ended 30 September 2024 amounting to £12,415 (2023: £10,426).

Included within other creditors is a directors loan of £9,055 which the director has agreed not to draw down until the financial position of the company has improved.

The director has confirmed continued support and consider that the Company has sufficient working capital available to continue for the foreseeable future.

Turnover
Turnover represents the value of invoiced services, excluding value added tax under the flat rate percentage scheme and is recognised by the company in respect of services provided during the year.

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 - 33.33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

3. EMPLOYEES AND DIRECTORS

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

OASIS VENTURES LTD (REGISTERED NUMBER: 06377139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 October 2023
and 30 September 2024 3,398
DEPRECIATION
At 1 October 2023
and 30 September 2024 3,398
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 102 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,441 1,408
Taxation and social security 16 40
Other creditors 10,055 6,545
11,512 7,993

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,106 2,550