REGISTERED NUMBER: 01579072 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Oatenvale Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Bell

Mr R Bell

SECRETARY:

Mr R Bell

REGISTERED OFFICE:

334 Cotmanhay Road

Ilkeston

Derbyshire

DE7 8JW

REGISTERED NUMBER:

01579072 (England and Wales)

ACCOUNTANTS:

Mabe Allen LLP

Chartered Accountants

The Old Manse

29 St. Mary Street

Ilkeston

Derbyshire

DE7 8AB

BANKERS:

National Westminster Bank Plc

12 Market Street

Heanor

Derbyshire

DE7 7NY

FIXED ASSETS

Tangible assets

4

19,464

24,584

Investment property

5

88,985

88,985

108,449

113,569

CURRENT ASSETS

Stocks

13,605

17,250

Debtors

6

469

441

Cash at bank and in hand

5,879

2,710

19,953

20,401

CREDITORS

Amounts falling due within one year

7

85,335

113,676

NET CURRENT LIABILITIES

(65,382

)

(93,275

)

TOTAL ASSETS LESS CURRENT LIABILITIES

43,067

20,294

CREDITORS

Amounts falling due after more than one year

8

57,625

65,218

NET LIABILITIES

(14,558

)

(44,924

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(14,658

)

(45,024

)

SHAREHOLDERS' FUNDS

(14,558

)

(44,924

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 18 September 2026 and were signed on its behalf by:

Mr R Bell - Director

Mr A J Bell - Director

1.	STATUTORY INFORMATION

Oatenvale 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

Principle accounting policies

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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and also have been consistently applied within the same financial statements.

Turnover

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

Tangible fixed assets

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

Freehold property

-

2.5% per annum on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stock is valued at the lower of cost and net residual value, after making due allowance for obsolete and slow moving items.

Work in progress is valued at estimated sales price less estimated future costs to completion.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Pension costs and other post-retirement benefits

The company operates a money purchase scheme for qualifying employees and directors. Amounts payable are charged to the Profit and Loss Account in the year in which they are paid.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

62,533

27,929

31,420

25,495

147,377

Disposals

-

-

-

(15,995

)

(15,995

)

At 31 December 2025

62,533

27,929

31,420

9,500

131,382

DEPRECIATION

At 1 January 2025

46,890

26,966

26,578

22,359

122,793

Charge for year

1,563

152

485

548

2,748

Eliminated on disposal

-

-

-

(13,623

)

(13,623

)

At 31 December 2025

48,453

27,118

27,063

9,284

111,918

NET BOOK VALUE

At 31 December 2025

14,080

811

4,357

216

19,464

At 31 December 2024

15,643

963

4,842

3,136

24,584

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2025

and 31 December 2025

88,985

NET BOOK VALUE

At 31 December 2025

88,985

At 31 December 2024

88,985

The value of the Investment Property is not considered to be materially different to the actual cost when acquired in December 2016.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

378

240

Prepayments

91

201

469

441

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,124

32,277

Trade creditors

16,438

31,012

Social security and other taxes

24,240

4,886

Directors' current accounts

23,444

42,294

Accruals

3,089

3,207

85,335

113,676

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,000

8,000

Bank loans - 2-5 years

9,000

9,000

Bank loans more 5 years

45,625

48,218

57,625

65,218

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years

45,625

48,218

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank Loans

60,106

63,010

One of the bank loans is secured against land and buildings owned by the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100