Company Registration No. 14127126 (England and Wales)
OAKSTORE BIRMINGHAM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
Cavendish
Chartered Certified Accountants
68 Grafton Way
London W1T 5DS
Ref: 6912
OAKSTORE BIRMINGHAM LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 7
OAKSTORE BIRMINGHAM LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
9,500,000
-
0
Current assets
Stocks
-
8,278,037
Debtors
4
183,356
9,879
Cash at bank and in hand
388,040
109,196
571,396
8,397,112
Creditors: amounts falling due within one year
5
(34,260)
(9,660,718)
Net current assets/(liabilities)
537,136
(1,263,606)
Total assets less current liabilities
10,037,136
(1,263,606)
Creditors: amounts falling due after more than one year
6
(11,375,079)
-
0
Net liabilities
(1,337,943)
(1,263,606)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(1,337,944)
(1,263,607)
Total equity
(1,337,943)
(1,263,606)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 July 2026 and are signed on its behalf by:
Edward Azouz
Director
Company registration number 14127126 (England and Wales)
OAKSTORE BIRMINGHAM LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 April 2023
1
(154,792)
(154,791)
Year ended 31 March 2024:
Loss and total comprehensive income
-
(1,108,815)
(1,108,815)
Balance at 31 March 2024
1
(1,263,607)
(1,263,606)
Year ended 31 March 2025:
Loss and total comprehensive income
-
(74,337)
(74,337)
Balance at 31 March 2025
1
(1,337,944)
(1,337,943)
OAKSTORE BIRMINGHAM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Oakstore Birmingham Limited is a private company limited by shares incorporated in England and Wales. The registered office is 68 Grafton Way, London, W1T 5DS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

As at 31 March 2025 the company had net liabilities of £1,337,943. The directors have obtained written confirmation from the parent company which confirms that it intends to provide ongoing financial support to enable the company to meet its liabilities as they fall due. The financial statements do not include any adjustments that might be required if the parent company financial support was not forthcoming.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
50 years - straight line

Freehold land and assets in the course of construction are not depreciated.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Stocks

Property stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises the purchase cost of properties and where applicable, direct costs that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

OAKSTORE BIRMINGHAM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

OAKSTORE BIRMINGHAM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024
-
0
Transfers
9,500,000
At 31 March 2025
9,500,000
Depreciation and impairment
At 1 April 2024 and 31 March 2025
-
0
Carrying amount
At 31 March 2025
9,500,000
At 31 March 2024
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
183,356
9,879
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
31,260
30,474
Amounts owed to group undertakings
-
0
9,627,244
Other creditors
3,000
3,000
34,260
9,660,718
OAKSTORE BIRMINGHAM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
804,777
-
0
Amounts due to group undertakings
10,570,302
-
0
11,375,079
-
0

Bank loans are secured by fixed and floating charges over the company's property stocks and the property stocks of certain subsidiary undertakings and a debenture over the company. The parent company, A R & V Investments Limited, has provided a £2,750,000 limited corporate guarantee to the lender in respect of the bank loan and a subordination agreement in respect of the intercompany loan.

Amounts due to group undertakings are subordinated and cannot be repaid in priority to the bank loan being repaid.

7
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Joint venture contribution receivable
2025
2024
£
£
Other related parties
148,657
-

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Other related parties
148,647
-
8
Parent company

The immediate and ultimate parent company and controlling party is A R & V Investments Limited.

The smallest and largest group into which this company is consolidated is A R & V Investments Limited.

Copies of the group financial statements of A R & V Investments Limited will be available by writing to the

Company Secretary, 68 Grafton Way, London W1T 5DS.

9
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

OAKSTORE BIRMINGHAM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
9
Audit report information
(Continued)
- 7 -
Senior Statutory Auditor:
Sonja Henry FCA
Statutory Auditor:
Cavendish
Date of audit report:
14 July 2026
2025-03-31 2024-04-01 false 14 July 2026 CCH Software CCH Accounts Production 2024.210 No description of principal activity This audit opinion is unqualified Edward Azouz Jeffrey Azouz Aron Azouz false false 14127126 2024-04-01 2025-03-31 14127126 2025-03-31 14127126 2024-03-31 14127126 core:LandBuildings 2025-03-31 14127126 core:LandBuildings 2024-03-31 14127126 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14127126 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14127126 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 14127126 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 14127126 core:CurrentFinancialInstruments 2025-03-31 14127126 core:CurrentFinancialInstruments 2024-03-31 14127126 core:Non-currentFinancialInstruments 2025-03-31 14127126 core:Non-currentFinancialInstruments 2024-03-31 14127126 core:ShareCapital 2025-03-31 14127126 core:ShareCapital 2024-03-31 14127126 core:RetainedEarningsAccumulatedLosses 2025-03-31 14127126 core:RetainedEarningsAccumulatedLosses 2024-03-31 14127126 core:ShareCapital 2023-03-31 14127126 core:RetainedEarningsAccumulatedLosses 2023-03-31 14127126 bus:Director1 2024-04-01 2025-03-31 14127126 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 14127126 2023-04-01 2024-03-31 14127126 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 14127126 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14127126 core:LandBuildings 2024-03-31 14127126 core:LandBuildings 2024-04-01 2025-03-31 14127126 core:WithinOneYear 2025-03-31 14127126 core:WithinOneYear 2024-03-31 14127126 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14127126 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14127126 bus:FRS102 2024-04-01 2025-03-31 14127126 bus:Audited 2024-04-01 2025-03-31 14127126 bus:Director2 2024-04-01 2025-03-31 14127126 bus:Director3 2024-04-01 2025-03-31 14127126 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP