REGISTERED NUMBER: 04952859 (England and Wales)

OAKWELL HOMES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

A R Holmes

A N Holmes

SECRETARY:

A N Holmes

REGISTERED OFFICE:

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

REGISTERED NUMBER:

04952859 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

23,116

-

Investment property

5

9,692,707

9,431,075

9,715,823

9,431,075

CURRENT ASSETS

Stocks

273,308

298,308

Debtors

6

717,658

693,014

Cash at bank

1,084,357

909,486

2,075,323

1,900,808

CREDITORS

Amounts falling due within one year

7

(2,263,327

)

(2,099,808

)

NET CURRENT LIABILITIES

(188,004

)

(199,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,527,819

9,232,075

CREDITORS

Amounts falling due after more than one year

8

(726,350

)

(810,014

)

PROVISIONS FOR LIABILITIES

(1,226,853

)

(1,221,074

)

NET ASSETS

7,574,616

7,200,987

CAPITAL AND RESERVES

Called up share capital

10

100

100

Other reserves

3,663,223

3,663,223

Retained earnings

3,911,293

3,537,664

SHAREHOLDERS' FUNDS

7,574,616

7,200,987

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

A N Holmes - Director

1.	STATUTORY INFORMATION

Oakwell Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises revenue recognised by the company in respect of the letting and sale of property, exclusive of value added tax and trade discounts. The polices adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of property is recognised when significant risks and rewards of ownership of the property have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is on completion date.

Rental income

Rental income is recognised in the income statement on a straight line basis over the term of the lease.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus of deficit arising from changes in fair value is recognised in the Income Statement.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

25,000

At 30 November 2025

25,000

DEPRECIATION

Charge for year

1,884

At 30 November 2025

1,884

NET BOOK VALUE

At 30 November 2025

23,116

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

9,431,075

Additions

261,632

At 30 November 2025

9,692,707

NET BOOK VALUE

At 30 November 2025

9,692,707

At 30 November 2024

9,431,075

Fair value at 30 November 2025 is represented by:

£

Valuation in 2024

31,075

Cost

9,661,632

9,692,707

Investment property was valued on an open market basis on 30 November 2014 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

4,625

Other debtors

717,658

688,389

717,658

693,014

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

127,331

130,779

Trade creditors

103

558

Taxation and social security

120,976

214,761

Other creditors

2,014,917

1,753,710

2,263,327

2,099,808

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

726,350

810,014

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years by

instalments

386,560

365,754

386,560

365,754

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

853,681

940,793

There are fixed and floating charges over all the property and undertaking of the company held by The Royal Bank of Scotland PLC.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

51

Ordinary

£1

51

100

49

A Ordinary

£1

49

-

100

100

On 1st October 2025, 49 Ordinary shares were re-designated as A Ordinary shares.