Great Oakley Airfield Limited
Unaudited Financial Statements
For the year ended 31 October 2025
Pages for filing with registrar
Company Registration No. 08777380 (England and Wales)
GREAT OAKLEY AIRFIELD LIMITED
Great Oakley Airfield Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GREAT OAKLEY AIRFIELD LIMITED
Great Oakley Airfield Limited
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
3,062
1,823
Cash at bank and in hand
36,929
65,134
39,991
66,957
Creditors: amounts falling due within one year
4
(20,621)
(25,324)
Net current assets
19,370
41,633
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
19,270
41,533
Total equity
19,370
41,633

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 July 2026 and are signed on its behalf by:
Mr T P Spurge
Director
Company registration number 08777380 (England and Wales)
GREAT OAKLEY AIRFIELD LIMITED
Great Oakley Airfield Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Great Oakley Airfield Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18 Langton Place, Bury St Edmunds, Suffolk, IP33 1NE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

GREAT OAKLEY AIRFIELD LIMITED
Great Oakley Airfield Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.6
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
864
64
Other debtors
2,198
1,759
3,062
1,823
GREAT OAKLEY AIRFIELD LIMITED
Great Oakley Airfield Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
554
921
Corporation tax
16,797
17,294
Other creditors
3,270
7,109
20,621
25,324
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary shares of £1 each
100
100
100
100
2025-10-31 2024-11-01 false false false 06 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr T P Spurge Mrs M M Spurge 08777380 2024-11-01 2025-10-31 08777380 2025-10-31 08777380 2024-10-31 08777380 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 08777380 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 08777380 core:CurrentFinancialInstruments 2025-10-31 08777380 core:CurrentFinancialInstruments 2024-10-31 08777380 core:ShareCapital 2025-10-31 08777380 core:ShareCapital 2024-10-31 08777380 core:RetainedEarningsAccumulatedLosses 2025-10-31 08777380 core:RetainedEarningsAccumulatedLosses 2024-10-31 08777380 core:ShareCapitalOrdinaryShareClass1 2025-10-31 08777380 core:ShareCapitalOrdinaryShareClass1 2024-10-31 08777380 bus:Director1 2024-11-01 2025-10-31 08777380 2023-11-01 2024-10-31 08777380 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 08777380 bus:OrdinaryShareClass1 2025-10-31 08777380 bus:OrdinaryShareClass1 2024-10-31 08777380 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08777380 bus:FRS102 2024-11-01 2025-10-31 08777380 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 08777380 bus:Director2 2024-11-01 2025-10-31 08777380 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08777380 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP