REGISTERED NUMBER: 02278591 (England and Wales)

Financial Statements for the Year Ended 30th April 2025

for

Oak Meadow Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Stephen James Barnes

Jennifer Mary Barnes

SECRETARY:

Jennifer Mary Barnes

REGISTERED OFFICE:

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

REGISTERED NUMBER:

02278591 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

414,565

366,358

Investment property

5

465,000

450,000

879,565

816,358

CURRENT ASSETS

Debtors

2,394

2,181

Cash at bank

69,924

92,372

72,318

94,553

CREDITORS

Amounts falling due within one year

6,854

3,293

NET CURRENT ASSETS

65,464

91,260

TOTAL ASSETS LESS CURRENT LIABILITIES

945,029

907,618

CREDITORS

Amounts falling due after more than one year

(4,252

)

-

PROVISIONS FOR LIABILITIES

(80,203

)

(63,833

)

NET ASSETS

860,574

843,785

CAPITAL AND RESERVES

Called up share capital

17,502

17,502

Non-distributable profit and loss account

356,962

370,784

Retained earnings

486,110

455,499

SHAREHOLDERS' FUNDS

860,574

843,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 1st October 2025 and were signed on its behalf by:

Stephen James Barnes - Director

1.	STATUTORY INFORMATION

Oak Meadow 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.

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Depreciation is not provided on freehold land and buildings as these are held for investment purposes and are revalued annually. The aggregate surplus or deficit is transferred to a revaluation reserve. The Directors consider that this accounting policy results in the accounts giving a true and fair view.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2024

462,511

Additions

95,500

Disposals

(56,230

)

At 30th April 2025

501,781

DEPRECIATION

At 1st May 2024

96,153

Charge for year

15,664

Eliminated on disposal

(24,601

)

At 30th April 2025

87,216

NET BOOK VALUE

At 30th April 2025

414,565

At 30th April 2024

366,358

Motor vehicles held under hire purchase contracts had a net book value of £27,625 at 30 April 2025 (2024 Nil).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2024

450,000

Revaluations

15,000

At 30th April 2025

465,000

NET BOOK VALUE

At 30th April 2025

465,000

At 30th April 2024

450,000

Fair value at 30th April 2025 is represented by:

£

Valuation in 2024

110,000

Valuation in 2025

15,000

Cost

340,000

465,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

5,930

-

The hire purchase is secured against the asset to which it relates to.