Oldham Makers Limited - Filleted accounts

Registered number

09835468

Oldham Makers Limited

Unaudited Filleted Accounts

31 October 2025

Oldham Makers Limited
Registered number:		09835468
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		458			958

Current assets
Stocks		50			50
Debtors	4	614			215
Cash at bank and in hand		17,311			18,055
		17,975			18,320

Creditors: amounts falling due within one year	5	(1,194)			(1,158)

Net current assets			16,781			17,162

Net assets			17,239			18,120

Capital and reserves
Profit and loss account			17,239			18,120

Shareholders' funds			17,239			18,120

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Eric Ian Steele
Director
Approved by the board on 13 July 2026

Oldham Makers Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings	over 4 years
	Plant and machinery	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	The company is a not for profit social enterprise and is not subject to Corporation Tax.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3


3	Tangible fixed assets
		Fixtures and fittings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 November 2024	8,491		8,023		16,514
	At 31 October 2025	8,491		8,023		16,514

	Depreciation
	At 1 November 2024	8,491		7,065		15,556
	Charge for the year	-		500		500
	At 31 October 2025	8,491		7,565		16,056

	Net book value
	At 31 October 2025	-		458		458
	At 31 October 2024	-		958		958


4	Debtors			2025		2024
£					£

	Other debtors			614		215


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Other creditors			1,194		1,158


6	Company limited by guarantee

	The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company in the event of a winding up such an amount as may be required not exceeding £1.


7	Other information

	Oldham Makers Limited is a private company limited by shares and incorporated in England. Its registered office is:
	38-44 Yorkshire Street
	Oldham
	OL1 1SE