Oakley Asset Management Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 08802684

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	25,693		24,374
Debtors	5	945		597
Cash at bank and in hand		16		95

		26,654		25,066
Creditors: Amounts Falling Due Within One Year	6	(30,088 )		(28,019 )

NET CURRENT ASSETS (LIABILITIES)			(3,434 )		(2,953 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,434 )		(2,953 )

NET LIABILITIES			(3,434 )		(2,953 )

CAPITAL AND RESERVES
Called up share capital	7		500		500
Profit and Loss Account			(3,934 )		(3,453 )

SHAREHOLDERS' FUNDS			(3,434)		(2,953)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Charles Devenish

Director

16 September 2025

The notes on page 2 form part of these financial statements.

1. General Information

Oakley Asset Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08802684 . The registered office is Prospect House , Huyton Church Road , Huyton, Merseyside , L36 5SH.

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 director has identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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: 1 (2023: 1)

4. Stocks

	2024	2023
	£	£
Work in progress	25,693	24,374

5. Debtors

	2024	2023
	£	£
Due within one year
VAT	121	-
Amounts owed by associates	824	597

	945	597

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
VAT	-	8
Accruals and deferred income	350	663
Director's loan account	27,348	27,348
Amounts owed to associates	2,390	-

	30,088	28,019

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	500	500