REGISTERED NUMBER: 06202903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Oakdale Manufacturing (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K D Browne

REGISTERED OFFICE:

Units 5 & 6

Private Road Number 2

Colwick Industrial Estate

Nottingham

NG4 2JR

REGISTERED NUMBER:

06202903 (England and Wales)

FIXED ASSETS

Tangible assets

4

33,400

33,178

CURRENT ASSETS

Stocks

251,155

244,989

Debtors

5

283,614

270,139

Cash at bank and in hand

21,968

102,554

556,737

617,682

CREDITORS

Amounts falling due within one year

6

96,321

86,537

NET CURRENT ASSETS

460,416

531,145

TOTAL ASSETS LESS CURRENT LIABILITIES

493,816

564,323

CREDITORS

Amounts falling due after more than one year

7

(4,409

)

(14,806

)

PROVISIONS FOR LIABILITIES

8

-

(6,233

)

NET ASSETS

489,407

543,284

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

489,406

543,283

SHAREHOLDERS' FUNDS

489,407

543,284

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 July 2025 and were signed by:

K D Browne - Director

1.	STATUTORY INFORMATION

Oakdale Manufacturing (UK) 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks 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 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.

Foreign currencies

Material assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the annual average rate of exchange. Exchange differences are taken into account in arriving at the operating result.

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 11 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

186,932

15,006

3,862

205,800

Additions

5,370

-

718

6,088

Disposals

-

-

(333

)

(333

)

At 31 December 2024

192,302

15,006

4,247

211,555

DEPRECIATION

At 1 January 2024

156,424

12,336

3,862

172,622

Charge for year

5,046

668

152

5,866

Eliminated on disposal

-

-

(333

)

(333

)

At 31 December 2024

161,470

13,004

3,681

178,155

NET BOOK VALUE

At 31 December 2024

30,832

2,002

566

33,400

At 31 December 2023

30,508

2,670

-

33,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

255,808

230,482

Amounts owed by group undertakings

6,350

-

Other debtors

3,694

24,259

Tax

116

-

Prepayments

17,646

15,398

283,614

270,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,397

10,140

Trade creditors

40,781

31,496

Taxation and social security

39,358

31,548

Other creditors

5,785

13,353

96,321

86,537

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,409

14,806

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

-

6,233

Deferred

tax

£

Balance at 1 January 2024

6,233

Credit to Income Statement during year

(6,233

)

Balance at 31 December 2024

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

10.	CONTINGENT LIABILITIES

As at 31 December 2024, the total liabilities of other group members secured by fixed and floating charges over the property and undertakings of the company was £600,000 (2023 £0).

11.	PARENT COMPANY

Until 16 April 2024 the parent company was Hoku Holdings B.V. a company incorporated in the Netherlands, Bloemendalerweg 28, 1382KC Weesp. Since this date the parent company is Bowren Consulting International Limited, a company registered in England and Wales. Copies of the parent company's financial statements can be obtained from Companies House.