Registration number: 14275714

Oui of Harpenden Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Oui of Harpenden Limited

Company Information

Director

FJT Thomas

Registered office

14 Bower’s Parade Harpenden Herts AL5 2SH

Oui of Harpenden Limited

(Registration number: 14275714)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	28,000	32,000
Tangible assets	5	6,027	8,779
		34,027	40,779
Current assets
Stocks	6	2,729	3,091
Debtors	7	7,482	9,003
Cash at bank and in hand		11,224	1,112
		21,435	13,206
Creditors: Amounts falling due within one year	8	(43,250)	(48,994)
Net current liabilities		(21,815)	(35,788)
Total assets less current liabilities		12,212	4,991
Creditors: Amounts falling due after more than one year	8	-	(7,904)
Provisions for liabilities		(1,145)	(1,750)
Net assets/(liabilities)		11,067	(4,663)
Capital and reserves
Called up share capital		100	100
Retained earnings		10,967	(4,763)
Shareholders' funds/(deficit)		11,067	(4,663)

Oui of Harpenden Limited

(Registration number: 14275714)
Balance Sheet as at 31 August 2025

For the financial 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.

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 May 2026
 

......................................... FJT Thomas Director

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England. The address of the registered office is given in the company information page of these financial statements.

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 profit and loss account 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3	Staff numbers

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

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 September 2024	40,000	40,000
At 31 August 2025	40,000	40,000
Amortisation
At 1 September 2024	8,000	8,000
Amortisation charge	4,000	4,000
At 31 August 2025	12,000	12,000
Carrying amount
At 31 August 2025	28,000	28,000
At 31 August 2024	32,000	32,000

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 September 2024	14,907	-	14,907
Additions	-	999	999
At 31 August 2025	14,907	999	15,906
Depreciation
At 1 September 2024	6,128	-	6,128
Charge for the year	3,418	333	3,751
At 31 August 2025	9,546	333	9,879
Carrying amount
At 31 August 2025	5,361	666	6,027
At 31 August 2024	8,779	-	8,779

6

Stocks

	2025 £	2024 £
Other inventories	2,729	3,091

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7

Debtors

Current	2025 £	2024 £
Trade debtors	2,681	-
Prepayments	4,387	-
Other debtors	414	9,003
	7,482	9,003

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	7,904	10,311
Trade creditors		4,829	21,798
Taxation and social security		24,225	14,982
Accruals and deferred income		3,852	1,587
Other creditors		2,440	316
		43,250	48,994

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	-	7,904

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	7,904

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,904	10,311

Oui of Harpenden Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

10	Related party transactions

Transactions with the director

2025	At 1 September 2024 £	Repayments by director £	At 31 August 2025 £
During the year the company made an advance to the director at the offical rate of interest. The advance is repayable on demand.	8,811	(8,811)	-

2024	At 1 September 2023 £	Advances to director £	Repayments by director £	At 31 August 2024 £
During the year the company made an advance to the director at the offical rate of interest. The advance is repayable on demand.	7,032	8,811	(7,032)	8,811