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Registration number: 13001693

Oakwrench Holdings Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Oakwrench Holdings Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Oakwrench Holdings Ltd

Company Information

Directors | R M Wood A P O'Toole

Registered office | St Bede's Chambers Albert Road Jarrow England NE32 5AD

Accountants | Kingswood Chase Consulting Ltd Accountancy and taxation consultantsDeVine House 1299-1301 London Road Leigh On Sea Essex SS9 2AD

Oakwrench Holdings Ltd

(Registration number: 13001693)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 13,380,000 | 13,380,000
Current assets |  |  |
Debtors | 5 | 48,429 | 62,394
Cash at bank and in hand |  | 83,955 | 24,736
|  | 132,384 | 87,130
Creditors: Amounts falling due within one year | 6 | (15,032) | (13,583)
Net current assets |  | 117,352 | 73,547
Total assets less current liabilities |  | 13,497,352 | 13,453,547
Creditors: Amounts falling due after more than one year | 6 | (12,195,844) | (12,235,844)
Provisions for liabilities |  | (361,473) | (361,473)
Net assets |  | 940,035 | 856,230
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Fair value reserve |  | 1,084,421 | 1,084,421
Retained earnings |  | (144,388) | (228,193)
Shareholders' funds |  | 940,035 | 856,230

Oakwrench Holdings Ltd

(Registration number: 13001693)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 August 2026 and signed on its behalf by:

......................................... A P O'Toole Director

Oakwrench Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

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

The address of its registered office is:
St Bede's Chambers
Albert Road
Jarrow
NE32 5AD
England

These financial statements were authorised for issue by the Board on 7 August 2026.

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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Revenue recognition

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

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.

Oakwrench Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually partly by the directors and partly by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Oakwrench Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4 | Investment properties

| 2025 £
At 1 December | 13,380,000
At 30 November | 13,380,000

Investment properties have been valued based upon achieved selling prices of similar property in the relevant areas.

Certain investment properties have been valued by external valuers and the remainder by the directors.

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 48,429 | 62,394
| 48,429 | 62,394

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 6,104 | 6,356
Accruals and deferred income |  | 2,350 | 2,159
Other creditors |  | 6,578 | 5,068
|  | 15,032 | 13,583

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 12,195,844 | 12,235,844

Creditors include secured bank loans and mortgages not repayable by instalments of £10,200,844 (2024 - £10,235,844) due after more than five years.

Creditors also include other loans of £1,995,,000 (2024 - £2,000,000) expected to be repayable within two to five years.

7 | Share capital

Allotted, called up and fully paid shares

Oakwrench Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

8 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 1,084,421 | 1,084,421

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Retained earnings £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 1,084,421 | - | 1,084,421
Other comprehensive income | - | (1,084,421) | (1,084,421)
| 1,084,421 | (1,084,421) | -

Deferred tax has been provided on the uplift in investment property valuation.

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,200,844 | 10,235,844
Other borrowings | 1,995,000 | 2,000,000
| 12,195,844 | 12,235,844

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 6,104 | 6,356

Oakwrench Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

10 | Related party transactions

Summary of transactions with other related parties

Wood Holdings Ltd is a company owned by a director, R M Wood, and his spouse.
Toolbox Property Services Ltd is a company controlled by a director, A P O'Toole. Wood Holdings Ltd has advanced funds to the company. The amount owing at 30 November 2025 was £1,995,000 (2024 - £2,000,000).
Toolbox Property Services Ltd supplied management support to the company at a cost of £15,000...
The loans are expected to be repayable within two to five years and interest is payable at 4% per annum.

Loans from related parties

2025 | Other related parties £ | Total £
At start of period | 2,000,000 | 2,000,000
Repaid | (84,901) | (84,901)
Interest transactions | 79,901 | 79,901
At end of period | 1,995,000 | 1,995,000

2024 | Other related parties £ | Total £
At start of period | 1,260,000 | 1,260,000
Advanced | 740,000 | 740,000
Repaid | (59,752) | (59,752)
Interest transactions | 59,752 | 59,752
At end of period | 2,000,000 | 2,000,000