OASIS CAPITAL FINANCE LIMITED

Company Registration Number:
11768089 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

OASIS CAPITAL FINANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

OASIS CAPITAL FINANCE LIMITED

Balance sheet

As at 31 March 2024


Notes
2024
14 months to 31 March 2023


£
£
Fixed assets
Tangible assets: 3 3,879 308
Total fixed assets: 3,879 308
Current assets
Debtors:   610,765 579,693
Cash at bank and in hand: 1,606 8,378
Total current assets: 612,371 588,071
Creditors: amounts falling due within one year: 4 (105,302) (92,789)
Net current assets (liabilities): 507,069 495,282
Total assets less current liabilities: 510,948 495,590
Total net assets (liabilities): 510,948 495,590
Capital and reserves
Called up share capital: 501,000 501,000
Profit and loss account: 9,948 (5,410)
Shareholders funds: 510,948 495,590

The notes form part of these financial statements

OASIS CAPITAL FINANCE LIMITED

Balance sheet statements

For the year ending 31 March 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 31 March 2025
and signed on behalf of the board by:

Name: Martin Nicholls
Status: Director

The notes form part of these financial statements

OASIS CAPITAL FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Intangible fixed assets and amortisation policy

N/A

Valuation and information policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Computer equipment - 33% straight line Fittings fixtures and equipment - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Going Concern: The company meets its day to day working capital requirements through the continued support of its shareholder for the foreseeable future, and at least 12 months from the date of signing these financial statements. On this basis the director considers that it is appropriate to prepare the financial statements on the going concern basis.

OASIS CAPITAL FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 14 months to 31 March 2023
Average number of employees during the period 1 1

OASIS CAPITAL FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 460
Additions 4,921
At 31 March 2024 5,381
Depreciation
At 01 April 2023 152
Charge for year 1,350
At 31 March 2024 1,502
Net book value
At 31 March 2024 3,879
At 31 March 2023 308

OASIS CAPITAL FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

Company owes money to Pearl River Capital Partners Pte. Ltd.

OASIS CAPITAL FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Related party transactions

Name of the related party:
Relationship:
Common Ownership
Description of the Transaction: Expenses paid on behalf of related company
£
Balance at 01 April 2023 0
Balance at 31 March 2024 59,509