Abbreviated Company Accounts - OAK TREE SECURITIES LIMITED

Abbreviated Company Accounts - OAK TREE SECURITIES LIMITED

OAK TREE SECURITIES LIMITED - Company Information

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Registered Number 02242660

OAK TREE SECURITIES LIMITED

Abbreviated Accounts

31 March 2016

OAK TREE SECURITIES LIMITED Registered Number 02242660

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 1,092,012 469,650
1,092,012 469,650
Current assets
Debtors 7,000 -
Cash at bank and in hand 260,001 2,793
267,001 2,793
Creditors: amounts falling due within one year (435,177) (131,295)
Net current assets (liabilities) (168,176) (128,502)
Total assets less current liabilities 923,836 341,148
Total net assets (liabilities) 923,836 341,148
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 913,836 331,148
Shareholders' funds 923,836 341,148
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 November 2016

And signed on their behalf by:
Mr JP Jennings, Director

OAK TREE SECURITIES LIMITED Registered Number 02242660

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value of sales of short-term trading assets

2Fixed assets Investments
The investments comprised at cost loans of £389,602 and quoted shares of £702,410.