REGISTERED NUMBER: 03339521 (England and Wales)

OAKHAVEN LOTTERY COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A B Ryde

M J Kendall

REGISTERED OFFICE:

Pennington Chase

Lower Pennington Lane

Pennington

Lymington

Hampshire

SO41 8ZZ

REGISTERED NUMBER:

03339521 (England and Wales)

BANKERS:

HSBC Bank plc

102 High Street

Lymington

Hampshire

SO41 9ZP

CURRENT ASSETS

Debtors

4

2

-

Cash at bank

-

83,331

2

83,331

CREDITORS

Amounts falling due within one year

5

-

(20,641

)

NET CURRENT ASSETS

2

62,690

TOTAL ASSETS LESS CURRENT LIABILITIES

2

62,690

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

-

62,688

SHAREHOLDERS' FUNDS

2

62,690

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 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 24 October 2025 and were signed on its behalf by:

A B Ryde - Director

1.	STATUTORY INFORMATION

Oakhaven Lottery Company 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 FRS 102 "The Financial Reporting Standards 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 amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going Concern

The directors have concluded that the company is a going concern for at least 12 months following signature of the financial statements. Accordingly, the directors have prepared the financial statements on this basis. The company will re-commence trading from 1 April 2025.

Turnover

Income is recognised on a draw-by-draw basis, at the point the draw takes place. Where players wager in advance, this income is deferred and only recognised in the Statement of Income and Retained Earnings once the draw has taken place.

Taxation

No corporation tax is due as all taxable profits are donated under Gift Aid to the parent charity.

Distribution of profits

The company has a policy of paying gift aid of an amount up to the taxable profits each year to The Oakhaven Trust, its ultimate parent undertaking. In line with recent guidance following FRED 68, the Company treats this donation as a distribution of reserves if it is paid pre year end. The Board are responsible for formally agreeing to the total amount to be distributed each year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

1,894

Amounts owed to group undertakings

-

8,217

Other creditors

-

10,530

-

20,641

6.	ULTIMATE CONTROLLING PARTY

The Oakhaven Trust, a registered charity (number 900215) and company limited by guarantee (number 2435177), is the ultimate parent, for which consolidated accounts including Oakhaven Lottery Company Limited are prepared. These accounts are available from its registered office, Pennington Chase, Lower Pennington Lane, Lymington, Hampshire, SO41 8ZZ.