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Registered number: 12930800
Oatley 2020 Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
BarkerBarnes & Co Limited
Chartered Accountants
9 Horseshoe Drive
Romsey
Hampshire
SO51 7TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12930800
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,045 26,590
22,045 26,590
CURRENT ASSETS
Stocks 5 80 80
Debtors 6 10 11
Cash at bank and in hand 53 635
143 726
Creditors: Amounts Falling Due Within One Year 7 (125,531 ) (121,795 )
NET CURRENT ASSETS (LIABILITIES) (125,388 ) (121,069 )
TOTAL ASSETS LESS CURRENT LIABILITIES (103,343 ) (94,479 )
NET LIABILITIES (103,343 ) (94,479 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (103,443 ) (94,579 )
SHAREHOLDERS' FUNDS (103,343) (94,479)
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Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Awty
Director
13/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oatley 2020 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12930800 . The registered office is Oatley Farm Ashford, Cannington, Bridgwater, TA5 2NL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The company is currently being supported and funded by its directors Edward and Paula Awty. The directors have confirmed that they will not require the company to repay the directors loans within 12 months of the date of approval of these financial statements, and not until the company has generated sufficient funds to do so. This support will continue to happen until the company starts earning revenues and is able to support itself.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Plant & Machinery 20% straight line
Motor Vehicles 25% Reducing balance
Computer Equipment 20% straight line
The biological asset is the cost of vines. No depreciation is charged because it is deemed to be immaterial due to the high residual values and the expected appreciation of the asset value over time.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:  NIL (2023: 2)
- 2
4. Tangible Assets
Land & Property
Freehold Biological Asset Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 November 2023 1,345 7,703 15,087 26,995
Additions - - - -
As at 31 October 2024 1,345 7,703 15,087 26,995
Depreciation
As at 1 November 2023 27 - 7,833 16,873
Provided during the period 27 - 3,017 2,531
As at 31 October 2024 54 - 10,850 19,404
...CONTINUED
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Net Book Value
As at 31 October 2024 1,291 7,703 4,237 7,591
As at 1 November 2023 1,318 7,703 7,254 10,122
Computer Equipment Total
£ £
Cost
As at 1 November 2023 774 51,904
Additions 1,631 1,631
As at 31 October 2024 2,405 53,535
Depreciation
As at 1 November 2023 581 25,314
Provided during the period 601 6,176
As at 31 October 2024 1,182 31,490
Net Book Value
As at 31 October 2024 1,223 22,045
As at 1 November 2023 193 26,590
5. Stocks
2024 2023
£ £
Stock 80 80
6. Debtors
2024 2023
£ £
Due within one year
VAT 10 11
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 50
Accruals and deferred income 925 875
Directors' loan accounts 124,606 120,870
125,531 121,795
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Edward and Paula Awty own the land that the business is currently farming on. Currently they are not charging a rent for the use of the land.
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