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REGISTERED NUMBER: 11141319 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

OAKLEY FOODS LTD

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKLEY FOODS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: M A Hinton
P A Hinton





REGISTERED OFFICE: Two Brewers House
50 North Street
Thame
Oxfordshire
OX9 3BH





BUSINESS ADDRESS: Hell Corner Farm
Grays Lane
Ibstone
Buckinghamshire
HP14 3XX





REGISTERED NUMBER: 11141319 (England and Wales)





ACCOUNTANTS: Martin and Company
Two Brewers House
50 North Street
Thame
Oxfordshire
OX9 3BH

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 246,700 237,913
Investments 5 165,988 144,626
412,688 382,539

CURRENT ASSETS
Debtors 6 70,823 61,580
Cash at bank 36,190 62,782
107,013 124,362
CREDITORS
Amounts falling due within one year 7 56,269 92,770
NET CURRENT ASSETS 50,744 31,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,432

414,131

PROVISIONS FOR LIABILITIES 39,876 36,125
NET ASSETS 423,556 378,006

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 22,235 8,429
Retained earnings 401,221 369,477
423,556 378,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

BALANCE SHEET - continued
31 JANUARY 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





M A Hinton - Director


OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Oakley Foods Ltd 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 as modified by the revaluation of certain assets.

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.
Plant and machinery - 25% on reducing balance
Office furniture & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Bicycle equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Office
to Plant and furniture
property machinery & equipmen
£    £    £   
COST
At 1 February 2024 - 532 20,583
Additions 22,994 866 905
Disposals - (15 ) -
At 31 January 2025 22,994 1,383 21,488
DEPRECIATION
At 1 February 2024 - 133 8,233
Charge for year 2,300 314 3,316
Eliminated on disposal - (4 ) -
At 31 January 2025 2,300 443 11,549
NET BOOK VALUE
At 31 January 2025 20,694 940 9,939
At 31 January 2024 - 399 12,350

Motor Bicycle
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 331,670 8,936 361,721
Additions 83,572 - 108,337
Disposals (32,200 ) - (32,215 )
At 31 January 2025 383,042 8,936 437,843
DEPRECIATION
At 1 February 2024 111,532 3,910 123,808
Charge for year 70,453 1,256 77,639
Eliminated on disposal (10,300 ) - (10,304 )
At 31 January 2025 171,685 5,166 191,143
NET BOOK VALUE
At 31 January 2025 211,357 3,770 246,700
At 31 January 2024 220,138 5,026 237,913

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2024 144,626
Additions 70,301
Disposals (67,346 )
Revaluations 18,407
At 31 January 2025 165,988
NET BOOK VALUE
At 31 January 2025 165,988
At 31 January 2024 144,626

Cost or valuation at 31 January 2025 is represented by:

Other
investments
£   
Valuation in 2025 165,988

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 35,670 30,576
Other debtors 35,153 31,004
70,823 61,580

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Taxation and social security 47,025 73,566
Other creditors 9,244 19,204
56,269 92,770

8. RESERVES
Fair
value
reserve
£   
At 1 February 2024 8,429
Investment revaluation 13,806

At 31 January 2025 22,235

OAKLEY FOODS LTD (REGISTERED NUMBER: 11141319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
M A Hinton
Balance outstanding at start of year - 1,802
Amounts advanced 66,200 -
Amounts repaid (54,564 ) (1,802 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,636 -