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REGISTERED NUMBER: 13921998 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

193 OLDFIELD LANE LIMITED

| 193 OLDFIELD LANE LIMITED (REGISTERED NUMBER: 13921998) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| 193 OLDFIELD LANE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTORS: | Mr D Breen

| Mrs C Breen

| REGISTERED OFFICE: | 91 Welbeck Road

| Barnet

| Middlesex

| EN4 8RY

| REGISTERED NUMBER: | 13921998 (England and Wales)

| ACCOUNTANTS: | Macalvins Limited

| Chartered Accountants

| 7 St John's Road

| Harrow

| Middlesex

| HA1 2EY

| 193 OLDFIELD LANE LIMITED (REGISTERED NUMBER: 13921998) |

BALANCE SHEET

28 FEBRUARY 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 4 | 2,034,178 |  | 1,358,375 |  |

Debtors | 5 | 100 |  | 25,260 |  |

Cash at bank and in hand | 1,803 |  | 33,540 |  |

2,036,081 |  | 1,417,175 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,130,186 |  | 1,176,590 |  |

NET CURRENT ASSETS | 905,895 |  | 240,585 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 905,895 |  | 240,585 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 939,000 |  | 275,000 |  |

NET LIABILITIES | (33,105 | ) | (34,415 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (33,205 | ) | (34,515 | ) |

SHAREHOLDERS' FUNDS | (33,105 | ) | (34,415 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 2 December 2025 and were signed on its behalf by:

Mr D Breen - Director

| 193 OLDFIELD LANE LIMITED (REGISTERED NUMBER: 13921998) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| 193 Oldfield Lane 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.

| Going Concern

| The financial statements have been prepared on a going concern basis not withstanding the company's net current liabilities position as at the year end. The directors and the parent company have provided this company with an undertaking that they will continue to support financially for the foreseeable future and that they will not seek repayment of the amounts currently owing to them in the twelve months from the date of signing the financial statements.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

| 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.

| Loans and borrowings

| Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

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

| 193 OLDFIELD LANE LIMITED (REGISTERED NUMBER: 13921998) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

4. | STOCKS

2025 | 2024 |

£ | £ |

| Stock | 2,034,178 |  | 1,358,375 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 100 |  | 25,260 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 3,117 |  | 77,891 |  |

| Amounts owed to group undertaking | 611,218 |  | 595,567 |  |

| Taxation and social security | 12,505 |  | - |  |

| Other creditors | 503,346 |  | 503,132 |  |

1,130,186 |  | 1,176,590 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 939,000 |  | 275,000 |  |

8. | RELATED PARTY DISCLOSURES

| As at the balance sheet date, the company owed £501,312 (2024: £501,000) to the directors. There are no specific terms of repayment.

| Included in creditors is £611,218 (2024: £595,567), an amount owed to Bayview Homes Southern Limited, the parent company. The amount payable is interest free and repayable on demand.