Company registration number 11238651 (England and Wales)
OAKLAND FARMING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
SOMERBYS LIMITED
CHARTERED ACCOUNTANTS
30 NELSON STREET
LEICESTER
LE1 7BA
OAKLAND FARMING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
OAKLAND FARMING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
529
Tangible assets
4
1,481,202
1,481,202
1,481,202
1,481,731
Current assets
Debtors
5
18,378
18,020
Cash at bank and in hand
88,795
39,534
107,173
57,554
Creditors: amounts falling due within one year
6
(881,722)
(925,354)
Net current liabilities
(774,549)
(867,800)
Net assets
706,653
613,931
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
706,553
613,831
Total equity
706,653
613,931

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 August 2026 and are signed on its behalf by:
Mr J F Briggs
Director
Company registration number 11238651 (England and Wales)
OAKLAND FARMING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Oakland Farming Limited is a private company limited by shares incorporated in England and Wales. The registered office is Saddington Lodge Farm, Shearsby Road, Saddington, LE8 0QU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Basic Payment Scheme entitlements
Straight Line 14%
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
nil

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

OAKLAND FARMING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

1.8
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

OAKLAND FARMING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
6
5
3
Intangible fixed assets
Basic Payment Scheme entitlements
£
Cost
At 1 April 2025 and 31 March 2026
4,018
Amortisation and impairment
At 1 April 2025
3,489
Amortisation charged for the year
529
At 31 March 2026
4,018
Carrying amount
At 31 March 2026
-
0
At 31 March 2025
529
4
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2025 and 31 March 2026
1,481,202
Depreciation and impairment
At 1 April 2025 and 31 March 2026
-
0
Carrying amount
At 31 March 2026
1,481,202
At 31 March 2025
1,481,202
OAKLAND FARMING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
18,378
18,020
6
Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
28,217
-
0
Other creditors
853,505
925,354
881,722
925,354
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary shares of £1 each
100
100
100
100

2026-03-31 2025-04-01 false false false 19 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr J F Briggs Mr O J Briggs Mrs S L Briggs Ms S E M Main Mr W A M Main Mrs C C Main 11238651 2025-04-01 2026-03-31 11238651 2026-03-31 11238651 2025-03-31 11238651 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2026-03-31 11238651 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-03-31 11238651 core:WithinOneYear 2026-03-31 11238651 core:WithinOneYear 2025-03-31 11238651 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 11238651 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11238651 core:ShareCapital 2026-03-31 11238651 core:ShareCapital 2025-03-31 11238651 core:RetainedEarningsAccumulatedLosses 2026-03-31 11238651 core:RetainedEarningsAccumulatedLosses 2025-03-31 11238651 core:ShareCapitalOrdinaryShareClass1 2026-03-31 11238651 core:ShareCapitalOrdinaryShareClass1 2025-03-31 11238651 bus:Director1 2025-04-01 2026-03-31 11238651 core:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 11238651 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 11238651 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 11238651 2024-04-01 2025-03-31 11238651 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-03-31 11238651 core:LandBuildings 2025-03-31 11238651 core:LandBuildings 2026-03-31 11238651 core:LandBuildings 2025-03-31 11238651 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 11238651 bus:OrdinaryShareClass1 2026-03-31 11238651 bus:OrdinaryShareClass1 2025-03-31 11238651 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11238651 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11238651 bus:FRS102 2025-04-01 2026-03-31 11238651 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 11238651 bus:Director2 2025-04-01 2026-03-31 11238651 bus:Director3 2025-04-01 2026-03-31 11238651 bus:Director4 2025-04-01 2026-03-31 11238651 bus:Director5 2025-04-01 2026-03-31 11238651 bus:Director6 2025-04-01 2026-03-31 11238651 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP