The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Oakland Capital Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Ramada Hotel, The Butts, Coventry, CV1 3GG. The trading address is The Ramada Hotel, The Butts, Coventry, CV1 3GG.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Management has determined that there is no material uncertainty that casts doubt on the entities ability to continue trading as a going concern.

Revenue is generally recognised as services are provided. When we receive payment from customers before our services have been performed, the amount received is recorded as deferred revenue until the service has been completed.

We recognise revenue from room rental and food and beverage sales. Revenues are recognised when our services have been performed, generally at the time of the hotel stay or guest’s visit to the restaurant. This treatment is consistent with others within our industry.

Car park revenue is recognised when the payment is received.

The cost of tangible fixed assets includes only expenditure directly incurred in bringing the assets into working condition for their intended use. The estimated cost of dismantling and removing leasehold improvements, and restoring the leasehold property to its original condition are included to the extent that they are required to be recognised as a provision. Component accounting is not utilised. The cost of major inspections is written off as incurred. Borrowing costs are not capitalised. Depreciation is provided at the following annual rates in order to allocate the depreciable amount each asset over its estimated useful life.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation.

Freehold property is not depreciated, this is a departure from the accounting standards. In the opinion of the director, the building has an indefinite useful life, it is maintained to a high standard with expenditure on maintenance incurred on an annual basis and the estimated residual value is not considered to be significantly different to the original cost. If depreciation had been charged on a straight line basis at 2% per annum, a charge of £182,917 (2024: £182,917) would have been shown in the profit and loss account.

Plant and machinery, equipment, fixtures and fittings are not depreciated this is a departure from the accounting standards . Expenditure is incurred annually to ensure standards are maintained to adhere to the consistent star rating so guest numbers do not decrease. The transfer made to the non-distributable renewals reserve is 4% of the company's turnover making a charge of £146,514. If depreciation had been charged at a rate of 15% on a straight line basis a charge of £206,389 (2024: £206,389) would have been included in the profit and loss account for the year ended 30 June 2025.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans and loans from fellow associated companies are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price.

The company has estimated losses of £1,120,909 (2024: £43,099) available to carry forward against future trading profits.

No tax charge has arisen on account of the tax losses brought forward.

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future. No deferred tax has been provided for on the losses available. If the asset was to be included in the accounts the amount would be £280,227 (2024: £10,775).

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

The average monthly number of persons (including directors) employed by the company during the year was:

The investment property is being held for redevelopment.

The directors believe that no one entity has overall control of the company.

Thames Valley Ventures Limited

This company is owned by Bridgewell Holdings Limited. The balance owed by Oakland Capital Developments Limited to Thames Valley Ventures Limited at the year end is £602,000 (2024: £602,000). The balance is shown in creditors due after 1 year. In accordance with the intercredit deed agreed on 27 July 2004 the loan ranks after the Barclays PLC bank finance and in accordance with this commercial arrangement no interest is payable on the loan.

Oakland Development Capital Fund Limited

Mr. M. Kenneth is a director of Oakland Capital Developments Limited and Oakland Development Capital Fund Limited. The balance owed by Oakland Capital Developments Limited at the year end is £8,217,849 (2024: £7,630,000). The balance is shown in creditors due after 1 year. In accordance with the intercredit deed agreed on 27 July 2004 the loan ranks after the Barclays PLC bank finance and in accordance with this commercial arrangement no interest is payable on the loan.

Bridgewell Holdings Limited

This company is partly owned by Mr. M. Kenneth and Mrs. F. Kenneth of Oakland Capital Developments Limited. The balance owed by Oakland Capital Developments Limited to Bridgewell Holdings Limited at the year end is £648,360 (2024: £648,360). The balance is shown in creditors due after 1 year. The loan ranks after the Barclays PLC bank finance and in accordance with this commercial arrangement no interest is payable on the loan.