Company Registration No. 08731902 (England and Wales)
Old Mill Park Limited
UNAUDITED
for the year ended 31 October 2025
Old Mill Park Limited
UNAUDITED
Contents
Old Mill Park Limited
Company Information
for the year ended 31 October 2025
Directors
Simon Andrew Shaw
Neil David Eckert
Company Number
08731902 (England and Wales)
Registered Office
Audrey House
16-20 Ely Place
London
EC1N 6SN
United Kingdom
Old Mill Park Limited
Statement of financial position
as at 31 October 2025
Tangible assets
571,065
585,005
Inventories
790,485
790,485
Cash at bank and in hand
79,546
7,235
Creditors: amounts falling due within one year
(89,309)
(578,102)
Net current assets
791,962
252,303
Total assets less current liabilities
1,363,027
837,308
Creditors: amounts falling due after more than one year
(910,879)
(417,874)
Net assets
452,148
419,434
Called up share capital
2
2
Profit and loss account
452,146
419,432
Shareholders' funds
452,148
419,434
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by
Neil David Eckert
Director
Company Registration No. 08731902
Old Mill Park Limited
Notes to the Accounts
for the year ended 31 October 2025
Old Mill Park Limited is a private company, limited by shares, registered in England and Wales, registration number 08731902. The registered office is Audrey House, 16-20 Ely Place, London, EC1N 6SN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
Old Mill Park Limited
Notes to the Accounts
for the year ended 31 October 2025
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods:
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
The Company has transferred the significant risks and rewards of ownership to the buyer;
The Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
The amount of revenue can be measured reliably;
It is probable that the Company will receive the consideration due under the transaction; and
The costs incurred or to be incurred in respect of the transaction can be measured reliably.
Rendering of services:
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
The amount of revenue can be measured reliably;
It is probable that the Company will receive the consideration due under the contract;
The stage of completion of the contract at the end of the reporting period can be measured reliably; and
The costs incurred and the costs to complete the contract can be measured reliably.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.
Land & buildings
10% Straight Line for Road and 2% Straight Line for Others
Plant & machinery
10% Straight Line
Fixtures & fittings
20% Straight Line
Other tangible fixed assets
10% Straight Line
Old Mill Park Limited
Notes to the Accounts
for the year ended 31 October 2025
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
After reviewing the company's operations, financial position and short and long term cash flow forecast, the Directors have a reasonable expectation that the Company has adequate resources to continue operating and meet its financial obligations. For this reason, the financial statements have been prepared as a going concern
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.
Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Old Mill Park Limited
Notes to the Accounts
for the year ended 31 October 2025
Judgments in applying accounting policies and key sources of estimation uncertainty
In the process of applying the Company's accounting policies, which are described in Note 2, management has made some judgments that have significant effect on the amounts recognized in the financial statements. These also include key assumptions concerning the future, and other key sources of estimation uncertainty at the statement of financial position date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
600,317
89,933
5,974
696,224
At 31 October 2025
600,317
89,933
5,974
696,224
At 1 November 2024
35,100
74,264
1,855
111,219
Charge for the year
9,302
3,643
995
13,940
At 31 October 2025
44,402
77,907
2,850
125,159
At 31 October 2025
555,915
12,026
3,124
571,065
At 31 October 2024
565,217
15,669
4,119
585,005
Amounts falling due within one year
Trade debtors
5,789
27,839
Accrued income and prepayments
2,480
1,875
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
65,135
74,560
Taxes and social security
11,412
8,577
Loans from directors
-
491,094
Old Mill Park Limited
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
419,785
417,874
Loans from directors
491,094
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
As of 31 October 2025, the company owed the directors an amount of £908,968 (2024: £908,968). In addition to this, the company also owed £64,066 (2024: £64,066) to Neil Eckert.
Further, Neil Eckert is also the director at Boutique Modern and Chalvington Management Ltd to which the company has paid the below amounts:
Boutique Modern: Payment of £4,057 made against annual maintenance and repairs work.
Chalvington Management Limited: During the year payment of £187 was paid back to CML for a payment made on behalf of OMP. Management fee of £11,310 was paid during the year for 2024. For 2025, management fee of £11,293 was accrued.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).