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Registered number: 10335753
GoodOaks Franchising Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10335753
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 78,978 81,249
78,978 81,249
CURRENT ASSETS
Debtors 6 326,427 448,661
Cash at bank and in hand 20,838 95,110
347,265 543,771
Creditors: Amounts Falling Due Within One Year 7 (374,412 ) (538,067 )
NET CURRENT ASSETS (LIABILITIES) (27,147 ) 5,704
TOTAL ASSETS LESS CURRENT LIABILITIES 51,831 86,953
Creditors: Amounts Falling Due After More Than One Year 8 (17,411 ) (22,804 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,633 ) (14,169 )
NET ASSETS 20,787 49,980
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 20,687 49,880
SHAREHOLDERS' FUNDS 20,787 49,980
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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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Ashton
Director
24 July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
GoodOaks Franchising Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10335753 . The registered office is Unit 2 Old Generator House, 25 Bourne Valley Road, Poole, Dorset, BH12 1DZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The Financial Statements are presented in £ sterling which is the functional currency of the company.
2.2. 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 provision of management services as a franchisor. Turnover is reduced for estimated customer rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 15 years straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Financial Instruments
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 measured 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.

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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2024 32,129 34,690 53,888 17,832 138,539
Additions - 3,158 8,132 5,766 17,056
As at 31 October 2025 32,129 37,848 62,020 23,598 155,595
Depreciation
As at 1 November 2024 7,557 20,951 20,752 8,030 57,290
Provided during the period 2,142 3,758 10,317 3,110 19,327
As at 31 October 2025 9,699 24,709 31,069 11,140 76,617
Net Book Value
As at 31 October 2025 22,430 13,139 30,951 12,458 78,978
As at 1 November 2024 24,572 13,739 33,136 9,802 81,249
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 93,987 93,389
Prepayments and accrued income 100,555 71,724
Other debtors 37,280 11,665
Amounts owed by group undertakings 94,605 271,883
326,427 448,661
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,393 4,770
Trade creditors 40,789 28,659
Other taxes and social security 48,576 84,516
Other creditors 6,519 13,814
Accruals and deferred income 25,722 10,942
Amounts owed to group undertakings 247,413 395,366
374,412 538,067
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,411 22,804
9. Secured Creditors
Of the creditors the following amounts are secured against assets to which they relate
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 22,804 27,574
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,393 4,770
Later than one year and not later than five years 17,411 22,804
22,804 27,574
22,804 27,574
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11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 21,700 21,700
Later than one year and not later than five years 7,233 28,933
28,933 50,633
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Good Oaks Holdings Ltd . Its registered office is Unit 2 Old Generator House, 25 Bourne Valley Road, Poole, Dorset, BH12 1DZ.
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