REGISTERED NUMBER: 09498445 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Oakdene Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B Grist

SECRETARY:

Mr S P Cooke

REGISTERED OFFICE:

Unit 14 Fairlawn Enterprise Park

Bonehurst Road

Salfords

Redhill

RH1 5GH

REGISTERED NUMBER:

09498445 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

FIXED ASSETS

Intangible assets

4

60,000

64,000

Property, plant and equipment

5

188,795

288,222

248,795

352,222

CURRENT ASSETS

Inventories

86,246

100,655

Debtors

6

114,407

92,720

Cash at bank

68,784

196,255

269,437

389,630

CREDITORS

Amounts falling due within one year

7

(148,772

)

(148,376

)

NET CURRENT ASSETS

120,665

241,254

TOTAL ASSETS LESS CURRENT LIABILITIES

369,460

593,476

CREDITORS

Amounts falling due after more than one year

8

-

(56,285

)

PROVISIONS FOR LIABILITIES

(45,396

)

(33,654

)

NET ASSETS

324,064

503,537

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

323,964

503,437

SHAREHOLDERS' FUNDS

324,064

503,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 23 December 2025 and were signed by:

Mr B Grist - Director

1.	STATUTORY INFORMATION

Oakdene Products 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue

Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery - 20% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

Inventories

Inventories 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

36,000

Charge for year

4,000

At 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

60,000

At 31 March 2024

64,000

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

636,669

109,375

746,044

Additions

15,173

-

15,173

Disposals

-

(109,375

)

(109,375

)

At 31 March 2025

651,842

-

651,842

DEPRECIATION

At 1 April 2024

417,280

40,542

457,822

Charge for year

45,767

13,766

59,533

Eliminated on disposal

-

(54,308

)

(54,308

)

At 31 March 2025

463,047

-

463,047

NET BOOK VALUE

At 31 March 2025

188,795

-

188,795

At 31 March 2024

219,389

68,833

288,222

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

142,000

109,375

251,375

Disposals

-

(109,375

)

(109,375

)

At 31 March 2025

142,000

-

142,000

DEPRECIATION

At 1 April 2024

83,837

40,542

124,379

Charge for year

11,632

13,766

25,398

Eliminated on disposal

-

(54,308

)

(54,308

)

At 31 March 2025

95,469

-

95,469

NET BOOK VALUE

At 31 March 2025

46,531

-

46,531

At 31 March 2024

58,163

68,833

126,996

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

38,476

37,812

Other debtors

25,000

29,000

VAT

-

2,722

Prepayments

50,931

23,186

114,407

92,720

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

11,982

40,380

Trade creditors

87,342

76,883

Social security and other taxes

7,785

8,172

VAT

11,538

-

Other creditors

25,766

17,547

Directors' current accounts

1,109

894

Accrued expenses

3,250

4,500

148,772

148,376

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

-

56,285