REGISTERED NUMBER: 00634063 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

OAKBURN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Blausten

D Blausten

J A Blausten

B Blausten

SECRETARY:

S A Blausten

REGISTERED OFFICE:

Blackburn House

Third Floor East Suite

22-26 Eastern Road

Romford

Essex

RM1 3PJ

REGISTERED NUMBER:

00634063 (England and Wales)

ACCOUNTANTS:

Clemence Hoar Cummings

Chartered Accountants

Blackburn House

Third Floor East Suite

22-26 Eastern Road

Romford

Essex

RM1 3PJ

FIXED ASSETS

Property, plant and equipment

4

6,000,001

6,000,001

Investments

5

6,005,506

6,005,506

12,005,507

12,005,507

CURRENT ASSETS

Debtors

6

1,143,519

2,772,693

Investments

7

7,000

7,000

Cash at bank

323,851

314,810

1,474,370

3,094,503

CREDITORS

Amounts falling due within one year

8

10,370,307

10,010,979

NET CURRENT LIABILITIES

(8,895,937

)

(6,916,476

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,109,570

5,089,031

PROVISIONS FOR LIABILITIES

634,592

634,592

NET ASSETS

2,474,978

4,454,439

CAPITAL AND RESERVES

Called up share capital

941,968

941,968

Share premium

833,465

833,465

Capital redemption reserve

305,242

305,242

Retained earnings

394,303

2,373,764

SHAREHOLDERS' FUNDS

2,474,978

4,454,439

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th September 2026 and were signed on its behalf by:

S A Blausten - Director

1.	STATUTORY INFORMATION

Oakburn Properties Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced rental income, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1st January 2025

and 31st December 2025

6,000,000

31,010

1,299

6,032,309

DEPRECIATION

At 1st January 2025

and 31st December 2025

-

31,009

1,299

32,308

NET BOOK VALUE

At 31st December 2025

6,000,000

1

-

6,000,001

At 31st December 2024

6,000,000

1

-

6,000,001

The property was valued in 2018 by Messrs Alsop and Partners LLP however the directors who are also property professionals are of the opinion that there has been an impairment in value due to market conditions.

5.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST

At 1st January 2025

and 31st December 2025

6,006,506

PROVISIONS

At 1st January 2025

and 31st December 2025

1,000

NET BOOK VALUE

At 31st December 2025

6,005,506

At 31st December 2024

6,005,506

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

25,953

25,434

Other debtors

956,293

991,549

982,246

1,016,983

Amounts falling due after more than one year:

Amounts owed by group undertakings

161,273

1,755,710

Aggregate amounts

1,143,519

2,772,693

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other investments

7,000

7,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,353

2,357

Amounts owed to group undertakings

10,166,506

9,832,084

Taxation and social security

61,370

57,250

Other creditors

133,078

119,288

10,370,307

10,010,979