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Registration number: 01558428

Overley Hall Limited

Annual Report and Financial Statements

for the Year Ended 31 October 2025

 

Overley Hall Limited

Contents

Company Information

1

Strategic Report

2 to 3

Directors' Report

4 to 5

Statement of Directors' Responsibilities

6

Independent Auditor's Report

7 to 10

Profit and Loss Account

11

Balance Sheet

12

Statement of Changes in Equity

13

Statement of Cash Flows

14

Notes to the Financial Statements

15 to 23

 

Overley Hall Limited

Company Information

Directors

Mrs A Brown

Miss R Brown

Miss E Brown

Company secretary

Miss E Brown

Registered office

Overley Hall
Wellington
Telford
Shropshire
TF6 5HE

Accountants

Phillips Ltd
Chartered Accountants
4 Pearson Road
Central Park
Telford
Shropshire
TF2 9TX

Auditors

CBSL Accountants Limited
Chartered Accountants and Statutory Auditor
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

 

Overley Hall Limited

Strategic Report for the Year Ended 31 October 2025

The directors present their strategic report for the year ended 31 October 2025.

Principal activity

The principal activities of Overley Hall (the company) are that of a children's home and an independent special school for pupils between the ages of 8 and 19 who have autism, learning disabilities and a range of complex needs. In addition, the company provides adult care at the Woodlands which offer experiential residential care for adults over 19.

Fair review of the business

For the year ended 31 October 2025 the company's fee income increased to £6.9m (2024 - £6.6m), an increase of 5.5%. This rise is a result of a combination of new placements requiring increasing levels of support and fee increases to compensate for increasing costs, particularly staffing costs.

Overall the company's costs increased significantly from £5.75m in 2024 to £6.7m in 2025 with increases in living wage rates and national insurance having a considerable impact on costs, increased therapy, catering and support costs to meet placement needs.

Profit after tax for the year decreased to £206,678 (2024 - £641,169).

Cash at bank decreased from the prior year from £2.96m to £2.29m with the company investing in its facilities and site infrastructure during the financial year. The company needs cash resources to continue to provide its nurturing offering to its current and future placements despite the ever changing funding landscape. The company has to continue to adapt to these changing market conditions, driven by government policy, and make appropriate investments to ensure a sustainable future.

Net assets at 31 October 2025 totalled £5.62m (2024 - £5.53m).

Principal risks and uncertainties

The key risks and uncertainties that face the company are:

- Changes in Local Authority funding of placements - regular dialogue between management team and Local Authority representatives to ensure fee levels match the care, support and therapies being provided. Local Authorities are having challenging times in funding their services, and therefore the focus will be on quality and effectiveness of our services to meet the expectations of the marketplace.

- Recruiting and retaining sufficient skilled staff continues to remain a difficulty and with further demands on our services this puts a strain on training and development requirements for current staff who have additional responsibilities. The company continues to look for new ways to encourage staff retention.

- Safeguarding failure or adverse regulator opinion - managed through robust action plans backed up by training and risk assessments.

- The company ensures staff are properly trained and made aware of changes to best practice and complying with regulatory changes. Up-to-date policies and procedures are in place that all staff are aware of.

- Health and safety of site and facilities - reviewed continually by site maintenance team and ongoing investment in facilities.

 

Overley Hall Limited

Strategic Report for the Year Ended 31 October 2025

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:
 


Mrs A Brown
Director

 

Overley Hall Limited

Directors' Report for the Year Ended 31 October 2025

The directors present their report and the financial statements for the year ended 31 October 2025.

Directors of the company

The directors who held office during the year were as follows:

Mrs A Brown

Miss R Brown

Miss E Brown - Company secretary and director

Financial instruments

Objectives and policies

The business' principal financial instruments comprise bank balances, trade debtors and trade creditors. The main purpose of these instruments is to finance the business' operations.

Price risk, credit risk, liquidity risk and cash flow risk

In respect of bank balances, all of the business' cash balances are held to achieve a competitive rate of interest.

Trade debtors are managed in respect of credit and cash flow risk by policies concerning the credit offered to customer and the regular monitoring of amounts outstanding for both time and credit limits. The amounts presented in the balance sheet are net of allowances for doubtful debtors.

Trade creditors' liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.

Future developments

The company continues to be affected by substantial challenges in the economy with funding pressures affecting Local Authorities, staffing shortages and cost pressures on wages and utilities. The company will be focused on ensuring its services and facilities are consolidated to be as efficient and streamlined as possible in order to provide the specialist care and education for its children, young people and adults.

Future investment will focus on a transition towards full digitalisation across the company concentrating on innovation and upgrading current infrastructures.

The company continues to provide a warm and nurturing environment for its children, young people and adults. There will continue to be a programme of upgrading the facilities for what is already a unique location.

 

Overley Hall Limited

Directors' Report for the Year Ended 31 October 2025

Disclosure of information to the auditors

Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:
 


Mrs A Brown
Director

 

Overley Hall Limited

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

Overley Hall Limited

Independent Auditor's Report to the Members of Overley Hall Limited

Opinion

We have audited the financial statements of Overley Hall Limited (the 'company') for the year ended 31 October 2025, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 October 2025 and of its profit for the year then ended;

have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

 

Overley Hall Limited

Independent Auditor's Report to the Members of Overley Hall Limited

Other information

The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

the financial statements are not in agreement with the accounting records and returns; or

certain disclosures of directors' remuneration specified by law are not made; or

we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities [set out on page 6], the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

 

Overley Hall Limited

Independent Auditor's Report to the Members of Overley Hall Limited

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks that are applicable to this company and its sector and determined that the most significant are those relating to the reporting framework and the relevant UK tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements, but compliance with which might be fundamental to the company’s ability to operate or to avoid a material penalty. The laws and regulations we considered in this context were: The Education (Independent School Standards) Regulations 2014, the Care Standards Act 2000 and the Guide to Children's Homes Regulations, including the Quality Standards 2015 and the Health and Social Care Act 2008 (Regulated Activities) Regulations 2014 and along with other associated Acts, and Regulations as well as Guidance on best practice, including those governed by the Care Quality Commission and Ofsted.

We understood how the company is complying with those frameworks by making enquiries of management and those responsible for legal and compliance procedures and inspection of regulatory and legal correspondence, if any.

As an audit engagement team, we assessed the susceptibility of the company’s financial statements to material misstatement including how fraud might occur and considered the opportunities and incentives that may exist within the company for fraud. We considered the controls that the company has established to address the risks identified to prevent, deter and detect fraud; and how the management and directors monitor those controls.

Based on our understanding, we designed our audit procedures to identify non-compliance with laws and regulations. Those procedures involved: - enquiries of management and those charged with governance; - journal entry testing; - assessing whether judgements in making accounting estimates are indicative of a potential bias;- reviewing regulatory correspondence with Ofsted and Care Quality Commission; and – evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk or other risk of material misstatement. These procedures included revenue recognition and testing manual journals and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

We remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

 

Overley Hall Limited

Independent Auditor's Report to the Members of Overley Hall Limited

Use of our report

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.




Louise Osselton FCA (Senior Statutory Auditor)
For and on behalf of CBSL Accountants Limited, Statutory Auditor

Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

23 July 2026

 

Overley Hall Limited

Profit and Loss Account for the Year Ended 31 October 2025

Note

2025
£

2024
£

Turnover

3

6,945,555

6,584,058

Gross profit

 

6,945,555

6,584,058

Administrative expenses

 

(6,692,485)

(5,745,369)

Operating profit

5

253,070

838,689

Other interest receivable and similar income

6

34,580

33,245

Interest payable and similar expenses

7

(466)

-

   

34,114

33,245

Profit before tax

 

287,184

871,934

Tax on profit

11

(80,506)

(230,765)

Profit for the financial year

 

206,678

641,169

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Overley Hall Limited

(Registration number: 01558428)
Balance Sheet as at 31 October 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

12

2,804,481

2,281,637

Current assets

 

Debtors

13

1,917,892

1,769,665

Cash at bank and in hand

 

2,290,228

2,958,269

 

4,208,120

4,727,934

Creditors: Amounts falling due within one year

15

(1,322,490)

(1,421,951)

Net current assets

 

2,885,630

3,305,983

Total assets less current liabilities

 

5,690,111

5,587,620

Provisions for liabilities

16

(72,706)

(56,893)

Net assets

 

5,617,405

5,530,727

Capital and reserves

 

Called up share capital

100

100

Retained earnings

5,617,305

5,530,627

Shareholders' funds

 

5,617,405

5,530,727

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:
 


Mrs A Brown
Director

 

Overley Hall Limited

Statement of Changes in Equity for the Year Ended 31 October 2025

Share capital
£

Retained earnings
£

Total
£

At 1 November 2024

100

5,530,627

5,530,727

Profit for the year

-

206,678

206,678

Dividends

-

(120,000)

(120,000)

At 31 October 2025

100

5,617,305

5,617,405

Share capital
£

Retained earnings
£

Total
£

At 1 November 2023

100

5,009,458

5,009,558

Profit for the year

-

641,169

641,169

Dividends

-

(120,000)

(120,000)

At 31 October 2024

100

5,530,627

5,530,727

 

Overley Hall Limited

Statement of Cash Flows for the Year Ended 31 October 2025

Note

2025
£

2024
£

Cash flows from operating activities

Profit for the year

 

206,678

641,169

Adjustments to cash flows from non-cash items

 

Depreciation and amortisation

5

157,370

137,556

Profit on disposal of tangible assets

4

(7,477)

-

Finance income

6

(34,580)

(33,245)

Finance costs

7

466

-

Income tax expense

11

80,506

230,765

 

402,963

976,245

Working capital adjustments

 

Increase in trade debtors

13

(148,227)

(264,057)

Increase in trade creditors

15

48,043

305,574

Cash generated from operations

 

302,779

1,017,762

Income taxes paid

11

(212,197)

(158,991)

Net cash flow from operating activities

 

90,582

858,771

Cash flows from investing activities

 

Interest received

6

34,580

33,245

Acquisitions of tangible assets

(688,987)

(168,888)

Proceeds from sale of tangible assets

 

16,250

-

Net cash flows from investing activities

 

(638,157)

(135,643)

Cash flows from financing activities

 

Interest paid

7

(466)

-

Dividends paid

20

(120,000)

(120,000)

Net cash flows from financing activities

 

(120,466)

(120,000)

Net (decrease)/increase in cash and cash equivalents

 

(668,041)

603,128

Cash and cash equivalents at 1 November

 

2,958,269

2,355,141

Cash and cash equivalents at 31 October

 

2,290,228

2,958,269

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Overley Hall
Wellington
Telford
Shropshire
TF6 5HE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land

not depreciated

Buildings

2% per annum on cost

Fixtures and fittings

25% per annum reducing balance

Computer equipment

33% per annum on cost

Motor vehicles

25% per annum reducing balance

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

3

Turnover

The analysis of the company's Turnover for the year from continuing operations is as follows:

2025
£

2024
£

Rendering of services

6,945,555

6,584,058

4

Other gains and losses

The analysis of the company's other gains and losses for the year is as follows:

2025
£

2024
£

Gain on disposal of tangible assets

7,477

-

5

Operating profit

Arrived at after charging/(crediting)

2025
£

2024
£

Depreciation expense

157,370

137,556

Operating lease expense - plant and machinery

20,220

21,269

Profit on disposal of property, plant and equipment

(7,477)

-

6

Other interest receivable and similar income

2025
£

2024
£

Interest income on bank deposits

34,580

33,245

7

Interest payable and similar expenses

2025
£

2024
£

Interest expense on other finance liabilities

466

-

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

8

Staff costs

The aggregate payroll costs (including directors' remuneration) were as follows:

2025
£

2024
£

Wages and salaries

4,594,498

3,773,705

Social security costs

443,497

325,056

Pension costs, defined contribution scheme

94,806

88,916

Other employee expense

109,253

57,008

5,242,054

4,244,685

The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:

2025
No.

2024
No.

Direct, administration and support

132

131

132

131

9

Directors' remuneration

The directors' remuneration for the year was as follows:

2025
£

2024
£

Remuneration

31,944

31,134

10

Auditors' remuneration

2025
£

2024
£

Audit of the financial statements

5,798

6,000


 

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

11

Taxation

Tax charged/(credited) in the profit and loss account

2025
£

2024
£

Current taxation

UK corporation tax

64,693

212,124

Deferred taxation

Arising from origination and reversal of timing differences

15,813

18,641

Tax expense in the income statement

80,506

230,765

The tax on profit before tax for the year is the same as the standard rate of corporation tax in the UK (2024 - the same as the standard rate of corporation tax in the UK) of 25% (2024 - 25%).

The differences are reconciled below:

2025
£

2024
£

Profit before tax

287,184

871,934

Corporation tax at standard rate

71,796

217,984

Decrease from effect of different UK tax rates on some earnings

(185)

-

Effect of expense not deductible in determining taxable profit (tax loss)

8,895

12,781

Total tax charge

80,506

230,765

Deferred tax

Deferred tax assets and liabilities

2025

Liability
£

Accelerated tax depreciation

72,706

72,706

2024

Liability
£

Accelerated tax depreciation

56,893

56,893

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

12

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 November 2024

2,670,273

1,348,756

272,973

4,292,002

Additions

509,055

110,758

69,174

688,987

Disposals

-

-

(102,831)

(102,831)

At 31 October 2025

3,179,328

1,459,514

239,316

4,878,158

Depreciation

At 1 November 2024

637,585

1,204,614

168,166

2,010,365

Charge for the year

62,583

62,553

32,234

157,370

Eliminated on disposal

-

-

(94,058)

(94,058)

At 31 October 2025

700,168

1,267,167

106,342

2,073,677

Carrying amount

At 31 October 2025

2,479,160

192,347

132,974

2,804,481

At 31 October 2024

2,032,688

144,142

104,807

2,281,637

Included within the net book value of land and buildings above is £2,479,160 (2024 - £2,032,688) in respect of freehold land and buildings.
 

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

13

Debtors

Current

2025
£

2024
£

Trade debtors

1,812,649

1,586,884

Other debtors

69,369

85,717

Prepayments

35,874

38,551

Accrued income

-

58,513

 

1,917,892

1,769,665

14

Cash and cash equivalents

2025
£

2024
£

Cash at bank

2,288,460

2,950,037

Cash on hand

1,768

8,232

2,290,228

2,958,269

15

Creditors

Note

2025
£

2024
£

Due within one year

 

Trade creditors

 

108,747

76,322

Social security and other taxes

 

150,961

79,426

Other payables

 

20,698

21,949

Accruals

 

977,464

1,032,130

Corporation tax liability

11

64,620

212,124

 

1,322,490

1,421,951

16

Provisions for liabilities

Deferred tax
£

Total
£

At 1 November 2024

56,893

56,893

Increase (decrease) in existing provisions

15,813

15,813

At 31 October 2025

72,706

72,706

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

17

Pension and other schemes

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £94,806 (2024 - £88,916).

18

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

19

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

2025
£

2024
£

Not later than one year

10,670

10,670

Later than one year and not later than five years

8,003

18,673

18,673

29,343

 

Overley Hall Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

20

Dividends

2025

2024

£

£

Interim dividend of £1,200.00 (2024 - £1,200.00) per ordinary share

120,000

120,000

 

 

21

Commitments

Capital commitments

The total amount contracted for but not provided in the financial statements was £30,360 (2024 - £15,979).

22

Related party transactions

At 31 October 2025 the directors owed a balance of £45,480 (2024 - £45,480) to the company, which is included in Other debtors.

23

Control

The ultimate controlling party is Mrs A Brown, director.