REGISTERED NUMBER: 01486733 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Oakwood Haulage Limited

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs A L Chandler

D A Young

C Young

Mrs J Young

SECRETARY:

C Young

REGISTERED OFFICE:

Tanglewood

Scudders Hill

Longfield

Kent

DA3 8PA

REGISTERED NUMBER:

01486733 (England and Wales)

ACCOUNTANTS:

Henry Reeves & Co Limited

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

623

12,476

Investment property

5

2,100,000

2,100,000

2,100,623

2,112,476

CURRENT ASSETS

Debtors

6

3,246

1,691

Cash at bank

136,340

87,399

139,586

89,090

CREDITORS

Amounts falling due within one year

7

43,385

34,476

NET CURRENT ASSETS

96,201

54,614

TOTAL ASSETS LESS CURRENT LIABILITIES

2,196,824

2,167,090

CREDITORS

Amounts falling due after more than one year

8

(5,291

)

(5,291

)

PROVISIONS FOR LIABILITIES

(308,808

)

(311,534

)

NET ASSETS

1,882,725

1,850,265

CAPITAL AND RESERVES

Called up share capital

1,250

1,250

Capital redemption reserve

1,250

1,250

Fair value reserve

9

1,315,886

1,315,886

Retained earnings

564,339

531,879

SHAREHOLDERS' FUNDS

1,882,725

1,850,265

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

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

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 12 August 2025 and were signed on its behalf by:

C J Young - Director

1.	STATUTORY INFORMATION

Oakwood Haulage 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.

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.

Rental revenue received under operating leases is recognised on a straight line basis over the period of the lease.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

Investment property

Investment property is initially recognised at cost and subsequently measured at fair value at each reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. Deferred tax is provided on the movement in fair value at the rate expected to apply at the time the property is sold.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

15,046

82,378

97,424

DEPRECIATION

At 1 April 2024

14,216

70,732

84,948

Charge for year

207

11,646

11,853

At 31 March 2025

14,423

82,378

96,801

NET BOOK VALUE

At 31 March 2025

623

-

623

At 31 March 2024

830

11,646

12,476

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,100,000

NET BOOK VALUE

At 31 March 2025

2,100,000

At 31 March 2024

2,100,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

1,424,550

Valuation in 2022

200,000

Valuation in 2023

475,450

2,100,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

524

400

Other debtors

2,722

1,291

3,246

1,691

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

40,035

24,463

Other creditors

3,350

10,013

43,385

34,476

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

5,291

5,291

Included in Other Creditors due more than 1 year is the deposit from tenants.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,315,886

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is £363 (2024: £6,590 CR) owed from the directors of the company.The loan is unsecured, interest free and repayable on demand.

11.	OPERATING LEASE AGREEMENTS WHERE THE COMPANY IS A LESSOR

The company holds investment properties, as disclosed in note 6, which are let to third parties. These non-cancellable leases have remaining terms up to 5 years.

Future minimum rentals receivable under non-cancellable operating leases are as follows:

2025

2024

£

£

Not later than one year

-

-

After one year but not more than five years

528,110

734,598

528,110

734,598