Oftech Wind Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08721130

Oftech Wind Ltd

Filleted Unaudited Financial Statements

31 October 2025

Oftech Wind Ltd

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		2,451	48,106

Current assets

Debtors	5	–	3,931
Cash at bank and in hand		18,699	8,273
		--------	--------
		18,699	12,204

Creditors: amounts falling due within one year	6	4,681		17,582
		--------		--------
Net current assets/(liabilities)			14,018	( 5,378)
			--------	--------
Total assets less current liabilities			16,469	42,728

Creditors: amounts falling due after more than one year	7	5,963	5,922
		--------	--------
Net assets		10,506	36,806
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	10,406	36,706
	--------	--------
Shareholders funds	10,506	36,806
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 October 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Oftech Wind Ltd

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 23 June 2026 , and are signed on behalf of the board by:

Mr A. Andrews
Director

Company registration number: 08721130

Oftech Wind Ltd

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Hall Square, Denbigh, Denbighshire, LL16 3NU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Property improvements	-	2% straight line
Motor vehicles	-	20% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Tangible assets

	Land and buildings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 November 2024	47,998	38,696	7,104	93,798
Disposals	( 47,998)	–	–	( 47,998)
	--------	--------	-------	--------
At 31 October 2025	–	38,696	7,104	45,800
	--------	--------	-------	--------
Depreciation
At 1 November 2024	4,057	36,550	5,085	45,692
Charge for the year	–	537	1,177	1,714
Disposals	( 4,057)	–	–	( 4,057)
	--------	--------	-------	--------
At 31 October 2025	–	37,087	6,262	43,349
	--------	--------	-------	--------
Carrying amount
At 31 October 2025	–	1,609	842	2,451
	--------	--------	-------	--------
At 31 October 2024	43,941	2,146	2,019	48,106
	--------	--------	-------	--------

5. Debtors

	2025	2024
	£	£
Other debtors	–	3,931
	----	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	10,039
Social security and other taxes	–	2,435
Other creditors	4,201	4,200
Other creditors	480	908
	-------	--------
	4,681	17,582
	-------	--------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	5,963	5,922
	-------	-------

8. Director's advances, credits and guarantees

No advances, credits or guarantess were given to the Directors during the current or previous accounting periods.

9. Related party transactions

The company was under the control of Mr Andrews throughout the current and previous year. Mr Andrews is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.