OAKLEIGH CAPITAL LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05528488 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2021

for

OAKLEIGH CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J A D Silva

SECRETARY:

SPM SERVICES LTD

REGISTERED OFFICE:

Rear of No 2 Glenthorne Road

Friern Barnet

London

N11 3HT

REGISTERED NUMBER:

05528488 (England and Wales)

ACCOUNTANTS:

Gynch Shaw Maurice & Co

Chartered Certified Accountants

Rear of No 2

SPM House

Glenthorne Road

Friern Barnet

London

N11 3HT

FIXED ASSETS

Tangible assets

4

103

137

CURRENT ASSETS

Debtors

5

30

30

Cash at bank

8,621

79,312

8,651

79,342

CREDITORS

Amounts falling due within one year

6

35,335

65,005

NET CURRENT (LIABILITIES)/ASSETS

(26,684

)

14,337

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,581

)

14,474

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(26,681

)

14,374

SHAREHOLDERS' FUNDS

(26,581

)

14,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2022 and were signed by:

J A D Silva - Director

1.	STATUTORY INFORMATION

OAKLEIGH CAPITAL 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.

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 represents fees and commissions receivable net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2020

and 31 August 2021

4,050

DEPRECIATION

At 1 September 2020

3,913

Charge for year

34

At 31 August 2021

3,947

NET BOOK VALUE

At 31 August 2021

103

At 31 August 2020

137

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Other debtors

30

30

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Taxation and social security

-

8,438

Other creditors

35,335

56,567

35,335

65,005

7.	CONTINGENT LIABILITIES

There were no contingent Liabilities at the balance sheet date.

8.	RELATED PARTY DISCLOSURES

Included in the other creditors is an amount of £34,230 (2020: £55,079) owed to J A D Silva, the director of the company.

9.	POST BALANCE SHEET EVENTS

There were no post balance sheet events as at balance sheet date.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J A D Silva, who holds 70% of the shares.