| Oaken Limited |
| Registered number: |
12091487 |
| Balance Sheet |
| as at 31 July 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
144 |
|
|
44 |
|
| Current assets |
| Stocks |
|
|
351,779 |
|
|
- |
| Debtors |
4 |
|
930,449 |
|
|
636,831 |
| Cash at bank and in hand |
|
|
2,898 |
|
|
513,118 |
|
|
|
1,285,126 |
|
|
1,149,949 |
|
| Creditors: amounts falling due within one year |
5 |
|
(604,276) |
|
|
(446,618) |
|
| Net current assets |
|
|
|
680,850 |
|
|
703,331 |
|
| Total assets less current liabilities |
|
|
|
680,994 |
|
|
703,375 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
- |
|
|
(9,907) |
|
|
|
| Net assets |
|
|
|
680,994 |
|
|
693,468 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
680,991 |
|
|
693,465 |
|
| Shareholders' funds |
|
|
|
680,994 |
|
|
693,468 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| L Smith |
| Director |
| Approved by the board on 2 October 2025 |
|
| Oaken Limited |
| Notes to the Accounts |
| for the year ended 31 July 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
|
Stocks |
|
Stock represents the cost of buying the property 2 Cowley Road, Lymington, SO41 9JQ, for development and the initial costs of a joint venture development. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax assets are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 August 2024 |
240 |
|
Additions |
180 |
|
At 31 July 2025 |
420 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2024 |
196 |
|
Charge for the year |
80 |
|
At 31 July 2025 |
276 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2025 |
144 |
|
At 31 July 2024 |
44 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
930,449 |
|
636,831 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,639 |
|
10,000 |
|
Trade creditors |
1,709 |
|
1,524 |
|
Taxation and social security costs |
149 |
|
215 |
|
Other creditors |
592,779 |
|
434,879 |
|
|
|
|
|
|
604,276 |
|
446,618 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
- |
|
9,907 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
|
The company is controlled by KJ Kilford, L Smith and Y Watt. |
|
|
| 8 |
Other information |
|
|
Oaken Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
34 Ringwood Road |
|
Walkford |
|
Christchurch |
|
Dorset |
|
BH23 5RD |