Oak Lane Management Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07885636 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

OAK LANE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Macdonald

Mrs S L Macdonald

REGISTERED OFFICE:

1-3 Churchyardside

Nantwich

Cheshire

CW5 5DE

REGISTERED NUMBER:

07885636 (England and Wales)

FIXED ASSETS

Tangible assets

4

643

81

CURRENT ASSETS

Cash at bank

2,732

3,143

CREDITORS

Amounts falling due within one year

5

16,213

5,353

NET CURRENT LIABILITIES

(13,481

)

(2,210

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,838

)

(2,129

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(12,839

)

(2,130

)

SHAREHOLDERS' FUNDS

(12,838

)

(2,129

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 April 2018 and were signed on its behalf by:

P Macdonald - Director

1.	STATUTORY INFORMATION

Oak Lane Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A

''Small Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in

the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been

prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2017

604

Additions

879

At 31 December 2017

1,483

DEPRECIATION

At 1 January 2017

523

Charge for year

317

At 31 December 2017

840

NET BOOK VALUE

At 31 December 2017

643

At 31 December 2016

81

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Other creditors

15,013

4,704

Accrued expenses

1,200

649

16,213

5,353

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Macdonald.