IRIS Accounts Production v25.3.0.601 03516408 director 29.2.24 28.2.25 28.2.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03516408 2024-02-28 03516408 2025-02-28 03516408 2024-02-29 2025-02-28 03516408 2023-02-28 03516408 2023-03-01 2024-02-28 03516408 2024-02-28 03516408 ns15:EnglandWales 2024-02-29 2025-02-28 03516408 ns14:PoundSterling 2024-02-29 2025-02-28 03516408 ns10:Director1 2024-02-29 2025-02-28 03516408 ns10:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 03516408 ns10:SmallEntities 2024-02-29 2025-02-28 03516408 ns10:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 03516408 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-29 2025-02-28 03516408 ns10:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 03516408 ns10:FullAccounts 2024-02-29 2025-02-28 03516408 1 2024-02-29 2025-02-28 03516408 ns10:EntityNoLongerTradingButTradedInPast 2024-02-29 2025-02-28 03516408 ns10:CompanySecretary1 2024-02-29 2025-02-28 03516408 ns10:RegisteredOffice 2024-02-29 2025-02-28 03516408 ns5:CurrentFinancialInstruments 2025-02-28 03516408 ns5:CurrentFinancialInstruments 2024-02-28 03516408 ns5:ShareCapital 2025-02-28 03516408 ns5:ShareCapital 2024-02-28 03516408 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 03516408 ns5:RetainedEarningsAccumulatedLosses 2024-02-28 03516408 ns5:IntangibleAssetsOtherThanGoodwill 2024-02-29 2025-02-28 03516408 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-02-29 2025-02-28 03516408 ns5:PlantMachinery 2024-02-29 2025-02-28 03516408 ns5:IntangibleAssetsOtherThanGoodwill 2024-02-28 03516408 ns5:IntangibleAssetsOtherThanGoodwill 2025-02-28 03516408 ns5:IntangibleAssetsOtherThanGoodwill 2024-02-28 03516408 ns5:PlantMachinery 2024-02-28 03516408 ns5:PlantMachinery 2025-02-28 03516408 ns5:PlantMachinery 2024-02-28 03516408 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 03516408 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-28

REGISTERED NUMBER: 03516408 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Oaksys Tech Limited

Oaksys Tech Limited (Registered number: 03516408)

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Oaksys Tech Limited

Company Information

for the Year Ended 28 February 2025

| DIRECTOR: | C Smith

| SECRETARY: | Mrs S J Smith

| REGISTERED OFFICE: | 127 Bridge Street

| Belper

| Derbyshire

| DE56 1BA

| REGISTERED NUMBER: | 03516408 (England and Wales)

| ACCOUNTANTS: | Thornton Springer LLP

| Chartered Accountants

| 67 Westow Street

| London

| SE19 3RW

Oaksys Tech Limited (Registered number: 03516408)

Balance Sheet

28 February 2025

| 28.2.25 |  | 28.2.24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,306 |  | 1,298 |  |

1,306 |  | 1,298 |  |

CURRENT ASSETS

Debtors | 6 | 136 |  | 78 |  |

Cash at bank and in hand | 1,058 |  | 1,866 |  |

1,194 |  | 1,944 |  |

CREDITORS

Amounts falling due within one year | 7 | (51,439 | ) | (46,374 | ) |

NET CURRENT LIABILITIES | (50,245 | ) | (44,430 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (48,939 | ) | (43,132 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (49,039 | ) | (43,232 | ) |

(48,939 | ) | (43,132 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Oaksys Tech Limited (Registered number: 03516408)

Balance Sheet - continued

28 February 2025

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2025 and were signed by:

C Smith - Director

Oaksys Tech Limited (Registered number: 03516408)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Oaksys Tech Limited 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 33.33% on cost, 25% on reducing balance and 15% on reducing balance

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Going concern

| The company made a loss of £5,807 and liabilities exceed assets by £48,939. However, the director has undertaken to continue to support the company financially until the company is able to fund its own operations from realised profits. On this basis the director considers it appropriate to prepare accounts on a going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

Oaksys Tech Limited (Registered number: 03516408)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 29 February 2024

| and 28 February 2025 | 300 |  |

| AMORTISATION

| At 29 February 2024

| and 28 February 2025 | 300 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  |

| At 28 February 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 29 February 2024 | 7,274 |  |

| Additions | 502 |  |

| Disposals | (21 | ) |

| At 28 February 2025 | 7,755 |  |

| DEPRECIATION

| At 29 February 2024 | 5,976 |  |

| Charge for year | 495 |  |

| Eliminated on disposal | (22 | ) |

| At 28 February 2025 | 6,449 |  |

| NET BOOK VALUE

| At 28 February 2025 | 1,306 |  |

| At 28 February 2024 | 1,298 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 28.2.24

£ | £ |

| Other debtors | 136 |  | 78 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 28.2.24

£ | £ |

| Trade creditors | 64 |  | - |  |

| Other creditors | 51,375 |  | 46,374 |  |

51,439 |  | 46,374 |  |