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Company Registration No. 09744263 (England and Wales)
Oakley Steven Limited Unaudited accounts for the year ended 31 August 2025
Oakley Steven Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Oakley Steven Limited Company Information for the year ended 31 August 2025
Directors
George William Oakley Joseph Andrew Steven
Secretary
Joseph Andrew Steven
Company Number
09744263 (England and Wales)
Registered Office
258a Fulham Road London SW10 9EL United Kingdom
Accountants
James Norman Business Advisory Limited 7 High Street Windsor SL4 1LD
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Oakley Steven Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
34,968
31,831
Current assets
Inventories
1,700
1,560
Debtors
4
17,565
25,340
Cash at bank and in hand
4,949
9,208
24,214
36,108
Creditors: amounts falling due within one year
5
(40,578)
(37,194)
Net current liabilities
(16,364)
(1,086)
Total assets less current liabilities
18,604
30,745
Creditors: amounts falling due after more than one year
6
(11,717)
(14,157)
Provisions for liabilities
Deferred tax
(1,971)
-
Net assets
4,916
16,588
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
4,915
16,587
Shareholders' funds
4,916
16,588
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2026 and were signed on its behalf by
George William Oakley Director Company Registration No. 09744263
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Oakley Steven Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Oakley Steven Limited is a private company, limited by shares, registered in England and Wales, registration number 09744263. The registered office is 258a, Fulham Road, London, SW10 9EL, United Kingdom.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight line
Plant & machinery
33% Straight line
Inventories
Stocks 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 taxation
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.
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Oakley Steven Limited Notes to the Accounts for the year ended 31 August 2025
3
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
60,544
26,885
87,429
Additions
-
14,603
14,603
At 31 August 2025
60,544
41,488
102,032
Depreciation
At 1 September 2024
38,098
17,500
55,598
Charge for the year
6,054
5,412
11,466
At 31 August 2025
44,152
22,912
67,064
Net book value
At 31 August 2025
16,392
18,576
34,968
At 31 August 2024
22,446
9,385
31,831
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
3,336
4,411
Other debtors
14,229
20,929
17,565
25,340
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,535
2,535
VAT
5,790
5,881
Amounts owed to group undertakings and other participating interests
4,422
4,322
Taxes and social security
604
1,098
Other creditors
-
3,100
Loans from directors
27,227
20,258
40,578
37,194
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
11,717
14,157
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £0.50 each
1
1
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Oakley Steven Limited Notes to the Accounts for the year ended 31 August 2025
8
Transactions with related parties
Included within creditors is £4,422 (2024: £4,322) owed to OST Brighton Ltd, this company is owned and controlled by the directors.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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