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Registration number: 14190188

Oakmount Automation Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Oakmount Automation Ltd

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 6

Oakmount Automation Ltd

(Registration number: 14190188)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 2,500,000 | 2,922,413
Current assets |  |  |
Cash at bank and in hand |  | 100 | 100
Creditors: Amounts falling due within one year | 5 | (822,444) | (922,414)
Net current liabilities |  | (822,344) | (922,314)
Total assets less current liabilities |  | 1,677,656 | 2,000,099
Creditors: Amounts falling due after more than one year | 5 | (1,500,016) | (1,750,012)
Net assets |  | 177,640 | 250,087
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 177,540 | 249,987
Shareholders' funds |  | 177,640 | 250,087

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 28 February 2026 and signed on its behalf by:

Mr J Flannery Director
Mrs N L Biggs Director

Oakmount Automation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Plym House
3 Longbridge Road
Marsh Mills
Plymouth
Devon
PL6 8LT

Principal activity

The principal activity of the company is that of a holding company.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the entity.

Group accounts not prepared

The company has taken advantage of the option not to prepare consolidated financial statemments contained in section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.

Oakmount Automation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Investments

Investments in equity shares which are not publicly traded are measured at cost. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Oakmount Automation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 2,500,000 | 2,922,413

Subsidiaries | £
Cost or valuation
At 1 July 2024 | 2,922,413
Revaluation | (422,413)
At 30 June 2025 | 2,500,000
Carrying amount
At 30 June 2025 | 2,500,000
At 30 June 2024 | 2,922,413

The carrying value of the subsidiary has been reduced by £100,000 in respect of the amount of deferred consideration payable. It has been reduced by a further value of £322,413 to align with the deemed market value of the investment held.

Oakmount Automation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 822,444 | 922,414

Creditors include other loans which are secured by debenture on the assets of the subsidiary.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 1,500,016 | 1,750,012

| 2025 £ | 2024 £
Due after more than five years |  |
After more than five years by instalments | 498,032 | 748,028

| £0.00 | £0.00

Creditors include other loans which are secured by debenture on the assets of the subsidiary.

Creditors include other loans repayable by instalments of £498,032 (2024 - £748,028) due after more than five years.

6 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

Oakmount Automation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 1,500,016 | 1,750,012

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 822,444 | 922,414

Borrowings due after five years

The loan is secured by debenture over the subsidiary

8 | Related party transactions

Summary of transactions with subsidiaries

Oakmount Control Systems Ltd is a 100% owned subsidiary.

Loans from related parties

2025 | Subsidiary £ | Total £
At start of period | 272,418 | 272,418
Advanced | 325,030 | 325,030
Repaid | (250,000) | (250,000)
At end of period | 347,448 | 347,448

2024 | Subsidiary £ | Total £
At start of period | 272,422 | 272,422
Advanced | 249,996 | 249,996
Repaid | (250,000) | (250,000)
At end of period | 272,418 | 272,418

Terms of loans from related parties

The loan is repayable on demand. No interest is being charged.