| High Oak Enterprises Limited |
| Registered number: |
07059984 |
| Balance Sheet |
| as at 31 July 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,122,259 |
|
|
2,122,645 |
|
| Current assets |
| Debtors |
4 |
|
725,915 |
|
|
934,650 |
| Investments held as current assets |
5 |
|
77,210 |
|
|
69,047 |
| Cash at bank and in hand |
|
|
26,148 |
|
|
18,815 |
|
|
|
829,273 |
|
|
1,022,512 |
|
| Creditors: amounts falling due within one year |
6 |
|
(118,288) |
|
|
(251,093) |
|
| Net current assets |
|
|
|
710,985 |
|
|
771,419 |
|
| Total assets less current liabilities |
|
|
|
2,833,244 |
|
|
2,894,064 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(652,480) |
|
|
(653,387) |
|
|
|
| Net assets |
|
|
|
2,180,764 |
|
|
2,240,677 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Revaluation reserve |
8 |
|
|
1,876,424 |
|
|
1,876,424 |
| Profit and loss account |
|
|
|
304,330 |
|
|
364,243 |
|
| Shareholders' funds |
|
|
|
2,180,764 |
|
|
2,240,677 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| The company has 4 outstanding charges against assets held on the balance sheet, held with lendors Canal & River Trading CIC, Canal & River Trust, Landbay Partners Ltd & Metro Bank PLC. |
|
|
|
| Ben Nicholas Ross |
| Director |
| Approved by the board on 23 April 2026 |
|
| High Oak Enterprises Limited |
| Notes to the Accounts |
| for the year ended 31 July 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
Nil |
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% reducing balance |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 August 2024 |
2,114,312 |
|
47,610 |
|
14,995 |
|
2,176,917 |
|
Additions |
- |
|
1,698 |
|
5,833 |
|
7,531 |
|
At 31 July 2025 |
2,114,312 |
|
49,308 |
|
20,828 |
|
2,184,448 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2024 |
- |
|
40,121 |
|
14,151 |
|
54,272 |
|
Charge for the year |
- |
|
6,248 |
|
1,669 |
|
7,917 |
|
At 31 July 2025 |
- |
|
46,369 |
|
15,820 |
|
62,189 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2025 |
2,114,312 |
|
2,939 |
|
5,008 |
|
2,122,259 |
|
At 31 July 2024 |
2,114,312 |
|
7,489 |
|
844 |
|
2,122,645 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
3,887 |
|
3,674 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
584,270 |
|
848,361 |
|
Other debtors |
137,758 |
|
82,615 |
|
|
|
|
|
|
725,915 |
|
934,650 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2025 |
|
2024 |
| £ |
£ |
|
Fair value |
|
Listed investments |
77,210 |
|
69,047 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Listed investments |
9,633 |
|
(98,339) |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
3,566 |
|
6,223 |
|
Trade creditors |
2,617 |
|
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
110,419 |
|
241,684 |
|
Taxation and social security costs |
1,521 |
|
2,903 |
|
Other creditors |
165 |
|
283 |
|
|
|
|
|
|
118,288 |
|
251,093 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
652,480 |
|
653,387 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 August 2024 |
1,876,424 |
|
1,876,424 |
|
|
At 31 July 2025 |
1,876,424 |
|
1,876,424 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Related party transactions |
2025 |
|
2024 |
| £ |
£ |
|
|
Ben & Amy Ross |
|
Director and spouse of the company |
|
Amounts owed to/(from) director |
(114,806) |
|
(67,900) |
|
|
|
High Oak Business Centres Ltd |
|
Ben Ross controlling director in both companies |
|
Amounts owed to/(from) sister company |
- |
|
219,884 |
|
Sales made to subsidiary company |
57,000 |
|
7,000 |
|
Rent paid to subsidiary company |
40,000 |
|
35,000 |
|
|
|
Tumbling Bay Moorings Ltd |
|
Subsidiary company, and Ben Ross controlling director in both companies |
|
Amounts owed to/(from) subsidiary company |
84,120 |
|
(119,180) |
|
Sales made to subsidiary company |
35,000 |
|
40,000 |
|
|
|
Dockyard Business and Storage Centres Ltd |
|
Ben Ross controlling director in both companies |
|
Amounts owed to/(from) sister company |
(544,507) |
|
(705,092) |
|
|
|
High Oak Business Centres (Hertford) Ltd |
|
Ben Ross controlling director in both companies |
|
Amounts owed to/(from) sister company |
26,300 |
|
21,800 |
|
|
|
Tea on the Lea Ltd |
|
Ben Ross controlling director in both companies |
|
Amounts owed to/(from) sister company |
(39,764) |
|
(24,088) |
|
Sales made to sister company |
24,000 |
|
3,000 |
|
|
| 10 |
Controlling party |
|
|
The ultimate controlling party is Ben & Amy Ross, who own 50% of the company's shareholding each. |
|
|
| 11 |
Other information |
|
|
High Oak Enterprises Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
15-17 Gentlemens Field |
|
Westmill Road |
|
Hertfordshire |
|
SG12 0EF |