REGISTERED NUMBER: 03301783 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

OAKFIELD P.M. LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

487,815

353,775

Tangible assets

5

410,360

441,499

898,175

795,274

CURRENT ASSETS

Debtors

6

327,111

337,290

Cash at bank and in hand

192,109

239,856

519,220

577,146

CREDITORS

Amounts falling due within one year

7

422,294

333,249

NET CURRENT ASSETS

96,926

243,897

TOTAL ASSETS LESS CURRENT LIABILITIES

995,101

1,039,171

PROVISIONS FOR LIABILITIES

8

82,795

106,321

NET ASSETS

912,306

932,850

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

912,186

932,730

SHAREHOLDERS' FUNDS

912,306

932,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 September 2026 and were signed on its behalf by:

Mr N M Newstead - Director

1.	STATUTORY INFORMATION

Oakfield P.M. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03301783

Registered office:

Head Office

4 Hayland Industrial Estate

Maunsell Road

St. Leonards-On-Sea

East Sussex

TN38 9NN

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.

TURNOVER

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

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

33% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENT

The financial statements contain information about Oakfield P.M. Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2025 - 56 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 February 2025

946,210

Additions

200,000

Disposals

(1,276

)

At 31 January 2026

1,144,934

Amortisation

At 1 February 2025

592,435

Amortisation for year

64,720

Eliminated on disposal

(36

)

At 31 January 2026

657,119

Net book value

At 31 January 2026

487,815

At 31 January 2025

353,775

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 February 2025

184,404

649,112

228,410

1,061,926

Additions

10,453

5,618

64,291

80,362

Disposals

-

-

(31,995

)

(31,995

)

At 31 January 2026

194,857

654,730

260,706

1,110,293

Depreciation

At 1 February 2025

168,387

350,627

101,413

620,427

Charge for year

5,602

45,615

43,667

94,884

Eliminated on disposal

-

-

(15,378

)

(15,378

)

At 31 January 2026

173,989

396,242

129,702

699,933

Net book value

At 31 January 2026

20,868

258,488

131,004

410,360

At 31 January 2025

16,017

298,485

126,997

441,499

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

7,520

37,594

Other debtors

99,079

27,179

Directors' current accounts

-

13,690

Tax

-

69,599

Prepayments

43,272

11,988

149,871

160,050

Amounts falling due after more than one year:

Amounts owed by associates

177,240

177,240

Aggregate amounts

327,111

337,290

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

41,622

124,118

Tax

107,114

14,787

Social security and other taxes

37,837

37,511

VAT

94,219

73,286

Other creditors

8,454

12,747

Net wages control

(5,470

)

(1,314

)

Directors' current accounts

105,999

910

Accruals and deferred income

32,519

71,204

422,294

333,249

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

82,795

106,321

Deferred

tax

£

Balance at 1 February 2025

106,321

Provided during year

(23,526

)

Balance at 31 January 2026

82,795

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10

A Ordinary

£1

10

10

1

B Ordinary

£1

1

1

9

C Ordinary

£1

9

9

120

120