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Registered Number: 13464032
England and Wales

 

 

 

OASIS BUSINESS FINANCE LTD



Unaudited micro entity accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Director Prasanthi Soma
Registered Number 13464032
Registered Office Office Gold Building 7, Floor 5
566 Chiswick High Road, Chiswick Business Park
London
W4 5YG
1
Director's report and financial statements
The director presents his/her/their report and accounts for the year ended 31 March 2025.
Principal activities
Principal activity of the company during the financial year was management consultancy activities other than financial management


Director
The director who served the company throughout the year was as follows:
Prasanthi Soma
Statement of director's responsibilities
The director is responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 105 and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:
  • select suitable accounting policies and then apply them consistently
  • make judgements and estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


The director is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the board.


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Prasanthi Soma
Director

Date approved: 27 December 2025
2
  2025   2024
    £ £   £ £
Current assets 608      695   
Creditors: amount falling due within one year     (17)  
Net current assets   608      678 
Total assets less current liabilities   608      678 
Net assets   608      678 
 

         
Capital and reserves   608      678 
 
NOTES TO THE ACCOUNTS

General Information
OASIS BUSINESS FINANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 13464032, registration address Office Gold Building 7, Floor 5, 566 Chiswick High Road, Chiswick Business Park, London, W4 5YG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).

3.

Ultimate control

The ultimate controlling interest is held by Mrs. Prasanthi Soma who is the sole director and 100% shareholder of the company.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 27 December 2025 and were signed by:


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Prasanthi Soma
Director
3