Oakfield Properties (Hay Mills) Limited

Registered Number: 00574352 Oakfield Properties (Hay Mills) Limited
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	861	1,076
Investment properties	4	610,000	2,660,000
		610,861	2,661,076
Current assets
Debtors		2,375	51,388
Cash at bank and in hand		81,008	173,071
		83,383	224,459
Creditors: amount falling due within one year		(18,402)	(72,633)
Net current assets		64,981	151,826

Total assets less current liabilities		675,842	2,812,902
Provisions for liabilities		(72,504)	(508,280)
Net assets		603,338	2,304,622

Capital and reserves
Called up share capital	5	600	600
Revaluation Reserves		309,098	1,889,538
Profit and loss account		293,640	414,484
Shareholders' funds		603,338	2,304,622

For the period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The directors of the company have elected not to include the Income Statement within the financial statements.

The financial statements were approved by the board of directors on 16 June 2026 and were signed on its behalf by:

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A P Tovey
Director

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M R Meddings
Director

Oakfield Properties (Hay Mills) Limited
Notes to the Abridged Financial Statements
For the Period 29 October 2024 to 31 October 2025

General Information

Oakfield Properties (Hay Mills) Limited is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is 9 Brendan Close, Birmingham, Warwickshire, B46 3EF. The nature of the company's operations and its principal activity was that of property investment.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 October (Last year 28 October), and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the periods presented, unless otherwise stated.

Turnover

Turnover comprises rental income receivable during the period.

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 taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. 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. Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

20% Reducing Balance

Investment properties

Investment properties are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Directors' and Employees Average number of employees during the period was 4 (2024 : 4).

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 29 October 2024	2,087	2,087
Additions	-	-
Disposals	-	-
At 31 October 2025	2,087	2,087
Depreciation
At 29 October 2024	1,011	1,011
Charge for period	215	215
On disposals	-	-
At 31 October 2025	1,226	1,226
Net book values
Closing balance as at 31 October 2025	861	861
Opening balance as at 29 October 2024	1,076	1,076

Investment properties

Cost	Other investments other than loans	Total
	£	£
At 29 October 2024	2,660,000	2,660,000
Additions	-	-
Disposals	(2,050,000)	(2,050,000)
At 31 October 2025	610,000	610,000

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
88 A Ordinary shares of £1.00 each	88	88
42 B Ordinary shares of £1.00 each	42	42
13 C Ordinary shares of £1.00 each	13	13
12 D Ordinary shares of £1.00 each	12	12
375 E Ordinary shares of £1.00 each	375	375
42 F Ordinary shares of £1.00 each	42	42
28 G Ordinary shares of £1.00 each	28	28
	600	600

Registered Number: 00574352
England and Wales
Abridged Accounts

for the period ended 31 October 2025
for
OAKFIELD PROPERTIES (HAY MILLS) LIMITED