Registration number: 01932094

Oakfoil Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Oakfoil Limited

(Registration number: 01932094)
Balance Sheet as at 31 December 2025

	Note	2025 £		2024 £
Fixed assets
Tangible assets	5		557,899		516,694
Current assets
Stocks		2,000		2,000
Debtors	6	109,233		151,128
Cash at bank and in hand		14,661		370
		125,894		153,498
Creditors: Amounts falling due within one year	7	(113,962)		(119,557)
Net current assets			11,932		33,941
Total assets less current liabilities			569,831		550,635
Provisions for liabilities			(32,100)		(21,000)
Net assets			537,731		529,635
Capital and reserves
Called up share capital	8	5,900		5,900
Retained earnings		531,831		523,735
Shareholders' funds			537,731		529,635

For the financial year ending 31 December 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 2 September 2026 and signed on its behalf by:
 

......................................... Mrs J Singleton Director

Oakfoil Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

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

The address of its registered office is:
St Andrews House
37 Rainhall Road
Barnoldswick
BB18 5DG

These financial statements were authorised for issue by the Board on 2 September 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including the disclosure and presentation requirements of Section 1A and the Companies Act 2006.

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.

The company's functional and presentation currency is pound sterling.

Summary of disclosure exemptions

The company has taken advantage of the exemption under 1AC.35 Related Party disclosures from disclosing transactions and balances with fellow group undertakings that are wholly owned..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current and 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.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Oakfoil Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	1% straight line
Furniture, fittings and equipment	10% reducing balance, 15 & 25 years straight line basis
Motor vehicles	25% reducing balance
Computer equipment	33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Oakfoil Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

3	Exceptional items

	2025 £	2024 £
Exceptional items	-	(186,376)

The exceptional items are in relation to the write off of amounts to due key management during the period.

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 46 (2024 - 44).

Oakfoil Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	595,341	190,074	5,376	790,791
Additions	-	58,141	-	58,141
At 31 December 2025	595,341	248,215	5,376	848,932
Depreciation
At 1 January 2025	161,909	107,580	4,608	274,097
Charge for the year	5,937	10,231	768	16,936
At 31 December 2025	167,846	117,811	5,376	291,033
Carrying amount
At 31 December 2025	427,495	130,404	-	557,899
At 31 December 2024	433,432	82,494	768	516,694

6

Debtors

Current	2025 £	2024 £
Trade debtors	104,596	84,892
Amounts owed by related parties	-	16,650
Prepayments	2,525	49,586
Other debtors	2,112	-
	109,233	151,128

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	-	1,894
Trade creditors	15,782	32,331
Taxation and social security	77,111	49,087
Accruals and deferred income	6,361	31,812
Other creditors	14,708	4,433
	113,962	119,557

Oakfoil Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2,950	2,950	2,950	2,950
Ordinary A shares of £1 each	2,950	2,950	2,950	2,950
	5,900	5,900	5,900	5,900

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £112,604 (2024 - £119,897).

10	Parent and ultimate parent undertaking

The ultimate parent is JSL Complex Care Limited, incorporated in England and Wales.