REGISTERED NUMBER: 03845134 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

OAKPOINT MANAGEMENT LIMITED

Page

Company Information

1

Income Statement

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

S J Kent

Mrs J Kent

SECRETARY:

REGISTERED OFFICE:

Unit 4 Ratio Point

St Richards Road

Evesham

Worcestershire

WR11 1ZG

REGISTERED NUMBER:

03845134 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

839,140

777,997

Cost of sales

505,778

476,200

GROSS PROFIT

333,362

301,797

Administrative expenses

264,016

262,018

69,346

39,779

Other operating income

3

6,739

7,000

OPERATING PROFIT

5

76,085

46,779

Interest payable and similar expenses

3,933

1,552

PROFIT BEFORE TAXATION

72,152

45,227

Tax on profit

12,690

9,368

PROFIT FOR THE FINANCIAL YEAR

59,462

35,859

FIXED ASSETS

Intangible assets

6

1,633

1,719

Tangible assets

7

29,941

19,825

31,574

21,544

CURRENT ASSETS

Stocks

94,477

102,124

Debtors

8

15,449

29,120

Cash at bank

153,437

154,081

263,363

285,325

CREDITORS

Amounts falling due within one year

9

251,093

241,073

NET CURRENT ASSETS

12,270

44,252

TOTAL ASSETS LESS CURRENT LIABILITIES

43,844

65,796

CREDITORS

Amounts falling due after more than one year

10

26,188

35,602

NET ASSETS

17,656

30,194

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,556

30,094

SHAREHOLDERS' FUNDS

17,656

30,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

S J Kent - Director

1.	STATUTORY INFORMATION

Oakpoint Management 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	OTHER OPERATING INCOME

2025

2024

£

£

Sundry receipts

-

2,000

Government grants

6,739

5,000

6,739

7,000

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

2,410

2,669

Patents and licences amortisation

86

90

6.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 December 2024

and 30 November 2025

6,136

AMORTISATION

At 1 December 2024

4,417

Amortisation for year

86

At 30 November 2025

4,503

NET BOOK VALUE

At 30 November 2025

1,633

At 30 November 2024

1,719

7.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

32,541

29,272

13,606

75,419

Additions

-

17,000

-

17,000

Disposals

-

(10,219

)

-

(10,219

)

At 30 November 2025

32,541

36,053

13,606

82,200

DEPRECIATION

At 1 December 2024

26,737

16,984

11,873

55,594

Charge for year

907

1,688

434

3,029

Eliminated on disposal

-

(6,364

)

-

(6,364

)

At 30 November 2025

27,644

12,308

12,307

52,259

NET BOOK VALUE

At 30 November 2025

4,897

23,745

1,299

29,941

At 30 November 2024

5,804

12,288

1,733

19,825

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 December 2024

20,561

Disposals

(10,219

)

At 30 November 2025

10,342

DEPRECIATION

At 1 December 2024

8,969

Charge for year

619

At 30 November 2025

9,588

NET BOOK VALUE

At 30 November 2025

754

At 30 November 2024

11,592

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,804

26,063

Prepayments

1,645

3,057

15,449

29,120

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,200

35,665

Trade creditors

89,932

58,653

Corporation tax

7,057

10,368

Social security and other taxes

5,756

2,201

VAT

12,799

6,957

Other creditors

96,765

123,752

Pension Creditor

2,475

2,526

Directors' current accounts

2,184

56

Accrued expenses

925

895

251,093

241,073

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more than 5 years

payable by instalments.

26,188

35,602

26,188

35,602

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

payable by instalments.

26,188

35,602

26,188

35,602