| Oak Barn Financial Planning Limited |
| Registered number: |
08053493 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
391 |
|
|
497 |
|
| Current assets |
| Debtors |
4 |
|
21,911 |
|
|
9,421 |
| Cash at bank and in hand |
|
|
90,627 |
|
|
84,193 |
|
|
|
112,538 |
|
|
93,614 |
|
| Creditors: amounts falling due within one year |
5 |
|
(30,349) |
|
|
(32,630) |
|
| Net current assets |
|
|
|
82,189 |
|
|
60,984 |
|
| Net assets |
|
|
|
82,580 |
|
|
61,481 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
82,480 |
|
|
61,381 |
|
| Shareholders' funds |
|
|
|
82,580 |
|
|
61,481 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr R D Smith |
| Director |
| Approved by the board on 17 December 2025 |
|
| Oak Barn Financial Planning Limited |
| Notes to the Accounts |
| for the period from 1 June 2024 to 31 March 2025 |
|
| 1 |
Accounting policies |
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents revenue earned from the rendering of services which is recognised by reference to the stage of completion of the work. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 4 years |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant & Machinery |
|
|
|
Total |
| £ |
£ |
|
Cost |
|
At 1 June 2024 |
11,065 |
|
|
|
11,065 |
|
Additions |
- |
|
|
|
- |
|
At 31 March 2025 |
11,065 |
|
|
|
11,065 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2024 |
10,568 |
|
|
|
10,568 |
|
Charge for the period |
106 |
|
|
|
106 |
|
At 31 March 2025 |
10,674 |
|
|
|
10,674 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
391 |
|
|
|
391 |
|
At 31 May 2024 |
497 |
|
|
|
497 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
18,761 |
|
5,980 |
|
Other debtors |
3,150 |
|
3,441 |
|
|
|
|
|
|
21,911 |
|
9,421 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
- |
|
1,596 |
|
Directors' loan account |
|
- |
|
1,750 |
|
Taxation and social security costs |
29,652 |
|
28,376 |
|
Other creditors |
697 |
|
908 |
|
|
|
|
|
|
30,349 |
|
32,630 |
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company is a wholly owned subsidiary of Cow Corner Investments (No 2) Limited whose registered office is 5th Floor Gate, 161- 163 Preston Road, Brighton, BN1 6AU. The company has shortened the year end to be coterminus with the parent company and group. |
|
| 7 |
Other information |
|
|
Oak Barn Financial Planning Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
5th Floor Gate |
|
161- 163 Preston Road |
|
Brighton |
|
BN1 6AU |
|
|
The principal place of business is : |
|
Unit 3, Godalming Business Centre |
|
Woolsack Way |
|
Godalming |
|
GU7 1XW |