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REGISTERED NUMBER: 01448640 (England and Wales)















OAKMERE PARK OXTON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


OAKMERE PARK OXTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: T C Knapp
J A O'Donnell





REGISTERED OFFICE: Oakmere Park Golf Club
Oaks Lane
Oxton
Southwell
Nottinghamshire
NG25 0RH





REGISTERED NUMBER: 01448640 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,722,080 1,750,542

CURRENT ASSETS
Inventories 90,375 92,692
Debtors 5 16,903 21,757
Cash at bank and in hand 196,170 321,401
303,448 435,850
CREDITORS
Amounts falling due within one year 6 374,785 651,885
NET CURRENT LIABILITIES (71,337 ) (216,035 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,650,743 1,534,507

CREDITORS
Amounts falling due after more than one year 7 - (15,521 )

PROVISIONS FOR LIABILITIES (131,323 ) (131,364 )
NET ASSETS 1,519,420 1,387,622

CAPITAL AND RESERVES
Called up share capital 9 66,000 66,000
Revaluation reserve 10 220,656 220,656
Retained earnings 1,232,764 1,100,966
SHAREHOLDERS' FUNDS 1,519,420 1,387,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2024


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 Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





T C Knapp - Director


OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Oakmere Park Oxton 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 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.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on reducing balance
Plant and machinery etc - 20% on reducing balance and 2% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventory
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 28 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 2,095,386 1,134,258 3,229,644
Additions - 41,062 41,062
At 31 October 2024 2,095,386 1,175,320 3,270,706
DEPRECIATION
At 1 November 2023 612,286 866,816 1,479,102
Charge for year 29,662 39,862 69,524
At 31 October 2024 641,948 906,678 1,548,626
NET BOOK VALUE
At 31 October 2024 1,453,438 268,642 1,722,080
At 31 October 2023 1,483,100 267,442 1,750,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,992 14,821
Other debtors 6,911 6,936
16,903 21,757

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,961 12,826
Taxation and social security 128,427 447,067
Other creditors 237,397 191,992
374,785 651,885

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors - 15,521

OAKMERE PARK OXTON LIMITED (REGISTERED NUMBER: 01448640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 13,249 13,249
Between one and five years 26,498 13,249
In more than five years 4,416 30,914
44,163 57,412

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
66,000 Ordinary 1 66,000 66,000

10. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 220,656