REGISTERED NUMBER: 15137988 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Oakfield One Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Watts

Mrs S M McKinnon

M J Watts

REGISTERED OFFICE:

480 Hawthorne Road

Bootle

Merseyside

L20 9PP

REGISTERED NUMBER:

15137988 (England and Wales)

ACCOUNTANTS:

DJH Business Advisers Ltd T/A SB&P

Oriel House

2-8 Oriel Road

Bootle

L20 7EP

FIXED ASSETS

Tangible assets

4

372,219

352,242

CURRENT ASSETS

Debtors

5

28,889

248,057

Cash at bank and in hand

222,384

273,509

251,273

521,566

CREDITORS

Amounts falling due within one year

6

139,464

415,618

NET CURRENT ASSETS

111,809

105,948

TOTAL ASSETS LESS CURRENT LIABILITIES

484,028

458,190

CREDITORS

Amounts falling due after more than one year

7

(4,065

)

(10,547

)

PROVISIONS FOR LIABILITIES

(16,226

)

(11,232

)

NET ASSETS

463,737

436,411

CAPITAL AND RESERVES

Called up share capital

8

200

200

Share premium

347,908

347,908

Retained earnings

115,629

88,303

SHAREHOLDERS' FUNDS

463,737

436,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2026 and were signed on its behalf by:

J J Watts - Director

1.	STATUTORY INFORMATION

Oakfield One Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

307,314

31,405

560

Additions

-

39,170

216

Disposals

-

(8,995

)

-

At 31 December 2025

307,314

61,580

776

DEPRECIATION

At 1 January 2025

-

5,888

82

Charge for year

-

8,565

146

Eliminated on disposal

-

(3,285

)

-

At 31 December 2025

-

11,168

228

NET BOOK VALUE

At 31 December 2025

307,314

50,412

548

At 31 December 2024

307,314

25,517

478

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

22,500

2,328

364,107

Additions

-

-

39,386

Disposals

-

-

(8,995

)

At 31 December 2025

22,500

2,328

394,498

DEPRECIATION

At 1 January 2025

5,625

270

11,865

Charge for year

4,219

769

13,699

Eliminated on disposal

-

-

(3,285

)

At 31 December 2025

9,844

1,039

22,279

NET BOOK VALUE

At 31 December 2025

12,656

1,289

372,219

At 31 December 2024

16,875

2,058

352,242

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

14,927

34,015

Other debtors

13,962

214,042

28,889

248,057

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

6,482

5,062

Taxation and social security

62,879

104,229

Other creditors

70,103

306,327

139,464

415,618

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

4,065

10,547

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary A shares

£1

100

100

100

Ordinary B shares

£1

100

100

200

200

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2025 and the period ended 31 December 2024:

31.12.25

31.12.24

£

£

Mrs S M McKinnon and Mrs S M McKinnon

Balance outstanding at start of year

-

-

Amounts advanced

32,167

-

Amounts repaid

(30,057

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,110

-

M J Watts and M J Watts

Balance outstanding at start of year

-

-

Amounts advanced

8,000

-

Amounts repaid

(670

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,330

-