REGISTERED NUMBER: 03347598 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HYE OAK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R M P P Reef

REGISTERED OFFICE:

C5 Premier Business Park

Newgate Lane

Fareham

Hampshire

PO14 1TY

REGISTERED NUMBER:

03347598 (England and Wales)

AUDITORS:

TC Group

Suite 4

2nd Floor

New Kings Court

Eastleigh

SO53 3LG

CURRENT ASSETS

Debtors

4

-

39,805

Cash at bank

19

-

19

39,805

CREDITORS

Amounts falling due within one year

5

6,900

5,866

NET CURRENT (LIABILITIES)/ASSETS

(6,881

)

33,939

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,881

)

33,939

CAPITAL AND RESERVES

Called up share capital

6

60

60

Capital redemption reserve

40

40

Retained earnings

(6,981

)

33,839

SHAREHOLDERS' FUNDS

(6,881

)

33,939

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

R M P P Reef - Director

1.	STATUTORY INFORMATION

Hye Oak 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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The presentational and functional currency of these financial statements is GBP. Values are rounded to the nearest pound.

Going concern

The Directors plan at the year end date was to wind up the business within 12 months from the date these financial statements are signed and this remains their intention. The financial statements have been presented to appropriately reflect the timing of these actions being realised.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from bank and other third parties, loan's to related parties and investments in ordinary shares.

Short term debtors and creditors are measured at the transaction price. Other financial instruments, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 NIL (2023 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

-

39,805

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

166

Accruals and deferred income

6,900

5,700

6,900

5,866

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

60

Ordinary

£1

60

60

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

We draw attention to note 2 in the financial statements, which details that the Directors plan to wind up the business within 12 months of these financial statements being signed. Our opinion is not modified in respect of this matter.

Richard Gillespie FCCA (Senior Statutory Auditor)

for and on behalf of TC Group

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The immediate controlling party is Clubb Sand and Gravel Ltd.

Remix International BV is the ultimate parent company which is incorporated in the Netherlands. The registered office of Remix International BV is Kanaalstraat 20, 7553 GP Hengelo, Netherlands.

The smallest and largest group for which consolidated accounts are prepared that include the results of the Company are those of Agar Dry Mortar Holding Limited.