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Registered number: 11457484
Ooweevbaldwin Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 11457484
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,766 3,663
Tangible Assets 5 42,317 27,978
45,083 31,641
CURRENT ASSETS
Stocks 6 4,850 5,194
Debtors 7 566,521 617,203
Cash at bank and in hand 31,648 36,367
603,019 658,764
Creditors: Amounts Falling Due Within One Year 8 (149,288 ) (164,997 )
NET CURRENT ASSETS (LIABILITIES) 453,731 493,767
TOTAL ASSETS LESS CURRENT LIABILITIES 498,814 525,408
Creditors: Amounts Falling Due After More Than One Year 9 (191,528 ) (157,958 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,579 ) (6,994 )
NET ASSETS 296,707 360,456
CAPITAL AND RESERVES
Called up share capital 10 2 2
Income Statement 296,705 360,454
SHAREHOLDERS' FUNDS 296,707 360,456
Page 1
Page 2
For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
V Foss
Director
8 June 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ooweevbaldwin Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11457484 . The registered office is Stanway House,, Almondsbury Business Centre, Woodlands, Bristol, BS32 4QH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the
nearest £.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on
all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:
Computer software                 7 years straight line
Other intangible assets           10 years straight line
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 7 years straight line
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 3 years straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 22)
20 22
4. Intangible Assets
Other
£
Cost
As at 1 October 2024 7,988
As at 30 September 2025 7,988
Amortisation
As at 1 October 2024 4,325
Provided during the period 897
As at 30 September 2025 5,222
Net Book Value
As at 30 September 2025 2,766
As at 1 October 2024 3,663
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2024 18,244 36,137 14,718 15,219 84,318
Additions 3,331 477 18,216 - 22,024
As at 30 September 2025 21,575 36,614 32,934 15,219 106,342
Depreciation
As at 1 October 2024 7,448 22,907 11,621 14,364 56,340
Provided during the period 1,271 3,425 2,467 522 7,685
As at 30 September 2025 8,719 26,332 14,088 14,886 64,025
Net Book Value
As at 30 September 2025 12,856 10,282 18,846 333 42,317
As at 1 October 2024 10,796 13,230 3,097 855 27,978
6. Stocks
2025 2024
£ £
Stock 4,850 5,194
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 12,969 12,875
Prepayments and accrued income 9,574 27,220
Other debtors 3,762 8,409
Directors' loan accounts 14,151 11,088
40,456 59,592
Due after more than one year
Other debtors 521,289 557,611
Corporation tax recoverable assets 4,776 -
526,065 557,611
566,521 617,203
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 33,173 32,166
Other loans 50,384 50,384
Corporation tax 18,554 33,329
Other taxes and social security 20,434 19,394
VAT 23,986 29,090
Other creditors 530 634
Accruals and deferred income 2,227 -
149,288 164,997
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 33,012 83,012
Other creditors 158,516 74,946
191,528 157,958
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following: £126,000 (2024: £144,000).
12. Related Party Transactions
At the year end, an amount of £14,151 was owed by the directors to the company (2024: £11,088). These amounts are interest-free and repayable on demand.
At the year end, the company was owed £521,079 (2024: £556,112) by entities under common control. The loans are interest free and have no fixed date for repayment.
At the year end, the company owed £158,516 (2024: £64,351) to entities under common control. The loans are interest free and have no fixed date for repayment.
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