Oakdale Financial Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07503498 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Oakdale Financial Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D D Shah

S P Fitzgerald

REGISTERED OFFICE:

Devonshire House

582 Honeypot Lane

Stanmore

Middlesex

HA7 1JS

REGISTERED NUMBER:

07503498 (England and Wales)

ACCOUNTANTS:

Searman & Co

Chartered Certified Accountants

106-108 Burnt Oak Broadway

Edgware

Middlesex

HA8 0BE

FIXED ASSETS

Tangible assets

2

1,157

1,543

CURRENT ASSETS

Debtors

21,866

11,460

Cash at bank

7,794

9,628

29,660

21,088

CREDITORS

Amounts falling due within one year

30,708

22,506

NET CURRENT LIABILITIES

(1,048

)

(1,418

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

109

125

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

9

25

SHAREHOLDERS' FUNDS

109

125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 January 2016 and were signed on its behalf by:

D D Shah - Director

S P Fitzgerald - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents gross invoiced value.

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

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

2,882

DEPRECIATION

At 1 January 2015

1,339

Charge for year

386

At 31 December 2015

1,725

NET BOOK VALUE

At 31 December 2015

1,157

At 31 December 2014

1,543

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100