Oakfield Farm Products Limited in Evesham, WR11 4XP

Description

Data updated on: 01-11-2023

Oakfield Farm Products began its operations in 1982 as a Private Limited Company registered with number: 01619378. This business has been operating for fourty two years and it's currently active. This firm's head office is based in Evesham at 111/113 High Street. You could also locate the firm by the post code of WR11 4XP. The enterprise's Standard Industrial Classification Code is 1130 which stands for Growing of vegetables and melons, roots and tubers. The firm's latest financial reports describe the period up to 2022-03-31 and the latest confirmation statement was submitted on 2023-10-25.

Considering this firm's size, it became unavoidable to formally appoint more executives: Thomas O. and Hugh O. who have been assisting each other for 7 years to promote the success of the business.

Hugh O. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	393 806	1 263 242	786 749	522 205	451 144	1 201 765	1 117 065
Current Assets	567 506	1 534 530	1 249 794	1 086 248	946 045	2 060 353	1 772 672
Debtors	173 700	271 288	463 045	564 043	494 901	-224 573	-75 298
Net Assets Liabilities	2 414 347	2 224 537	2 227 798	2 203 884	1 791 274	2 897 839	2 633 931
Other Debtors	151 123	45 312	8 628	12 482	120 009	858 588	655 607
Property Plant Equipment	146 047	1 108 202	1 158 606	1 157 675	717 487	3 814	53 174
Total Inventories	19 854	37 959	22 977	44 707

Other Financial Data
Other Non-audit Services Fees	27 515	36 650	38 476	30 083
Accrued Liabilities				15 371	10 014	5 625	4 590
Accumulated Depreciation Impairment Property Plant Equipment	385 930	32 907	34 003	34 934	475 122	36 399	53 311
Additions Other Than Through Business Combinations Property Plant Equipment		220 000	51 500	580 867			66 272
Administration Support Average Number Employees	8	9	9	8
Administrative Expenses	644 858	1 008 241	928 449	712 012
Amounts Owed By Related Parties	12 400	203 154	443 061	551 561	374 892
Amounts Owed To Related Parties	141 119	252 620	162 231	118 843
Applicable Tax Rate	20	19	19	19
Average Number Employees During Period	78	107	103	2	2	2	2
Balances Amounts Owed By Related Parties	149 615
Balances Amounts Owed To Related Parties	141 119	252 620	162 231	118 843
Balances With Banks	393 806	1 263 242	786 749	518 469
Capital Commitments	455 000			216 000
Cash Cash Equivalents	393 806	1 263 242	786 749	522 205
Cash Cash Equivalents Cash Flow Value	762 091	1 422 156	1 422 156
Cash On Hand	225	444	159	722
Commitments For Acquisition Property Plant Equipment				216 000
Cost Sales	6 505 694	8 963 654	9 295 767	7 549 988
Creditors	122 940	430 844	123 321	301 524	10 345	8 678	10 947
Current Tax For Period	36 175	18 145	-18 145
Decrease In Loans Owed To Related Parties Due To Loans Repaid				-50 183	-122 018
Deferred Tax Asset Debtors		12 122	11 356	12 482
Deferred Tax Assets		12 122	11 356	12 482
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		-6 478
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	5 014	3 574	-118 563	-44 578
Deferred Tax Liabilities	-1 719	138 767	-101 743
Depreciation Amortisation Expense	434 877	376 638	259 308	246 779
Depreciation Expense Property Plant Equipment	434 877	376 638	259 308	246 779
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-354 312	-1 033 876	-17 847		-439 396
Disposals Investment Property Fair Value Model		-988 894
Disposals Property Plant Equipment		-491 764	-1 509 758	-39 350		-439 396
Distribution Average Number Employees	70	98	94	78
Dividend Per Share Interim						30	54
Finance Lease Liabilities Present Value Total	168 114	371 921	296 485	337 230
Finance Lease Payments Owing Minimum Gross	291 054	802 765	419 806	638 754
Financial Assets				96 563	138 086	129 350	106 032
Fixed Assets	2 015 838	1 108 203	1 158 607	1 254 239	855 574	846 164	872 206
Further Item Debtors Component Total Debtors	7 721	10 700	18 145
Future Minimum Lease Payments Under Non-cancellable Operating Leases	529 248	1 181 378	703 213	318 218
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss	11 711	-151 458	-150 932	42 998
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss		-110 704
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-541 992	845 676	-639 083	-111 859
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	35 875	844 049	-723 517	-208 119
Gain Loss In Cash Flows From Change In Inventories	-3 848	18 105	-14 982	21 730
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures				234
Gain Loss On Disposals Property Plant Equipment	11 711	-151 458	-150 932	42 998
Gain Loss On Financial Assets Fair Value Through Profit Or Loss				-19 733
Gain Loss On Financial Assets Liabilities Fair Value Through Profit Or Loss				19 733
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	16 506	21 489	-6 093	-1 643
Gross Profit Loss	901 902	1 008 792	196 960	510 787
Income From Related Parties	137 692	927 144
Income Taxes Paid Refund Classified As Operating Activities	20 850	36 609	7 445	-18 145
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment		880 896				-713 000
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment					439 396
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-160 146	820 211	-538 572	-345 156
Increase Decrease In Loans Owed To Related Parties Attributable To Interest Transactions				6 795	3 175
Increase From Depreciation Charge For Year Property Plant Equipment		1 289	1 096	931	792	673	16 912
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment					439 396
Increase In Loans Owed By Related Parties Due To Loans Advanced					30 464
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	14 307	10 449	8 974	6 795
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	14 997	17 499	20 812	19 179
Interest Income On Financial Assets Fair Value Through Profit Or Loss				90
Interest Paid Classified As Financing Activities	-29 304	-27 948	-29 786	-25 974
Interest Paid Classified As Operating Activities	29 304	27 948	29 786	25 974
Interest Payable Similar Charges Finance Costs	29 304	27 948	29 786	25 974
Interest Received Classified As Investing Activities	5 961	1 988		192
Interest Received Classified As Operating Activities	5 961	1 988		473
Investment Property	1 869 790					713 000	713 000
Investment Property Fair Value Model	1 869 790					713 000	713 000
Investments Fixed Assets	1	1	1	1	1
Investments In Subsidiaries	1	1	1	1	1	-1
Loans Owed By Related Parties					30 464
Loans Owed To Related Parties			162 231	118 843
Minimum Operating Lease Payments Recognised As Expense	433 909	853 499	1 095 708	704 910
Net Cash Flows From Used In Financing Activities	-260 745	-460 335	-412 745	-465 026
Net Cash Flows From Used In Investing Activities	15 258	694 282	103 450	24 873
Net Cash Flows From Used In Operating Activities	85 341	586 264	-229 277	94 997
Net Cash Generated From Operations	106 191	622 873	-221 832	76 852
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	680 210	639 351	-321 249	2 322
Net Current Assets Liabilities	398 509	1 116 334	1 069 191	949 645	935 700	2 051 675	1 761 725
Number Shares Issued Fully Paid	5 000	5 000	5 000	5 000	5 000	5 000	5 000
Operating Profit Loss	257 044	551	-731 489	-201 225
Other Cash Inflow Outflow Classified As Investing Activities				281
Other Creditors	42 101	83 055	49 209	118 841		2 832	5 673
Other Employee Expense	12 351	33 313	5 364	9 916
Other Finance Income	5 961	1 988		102
Other Interest Receivable Similar Income Finance Income	5 961	1 988		473
Other Payables Accrued Expenses	26 855	20 564	17 350	15 368
Other Revenue	6 801	11 143	13 244	36 918
Ownership Interest In Subsidiary Percent	100	100	100	100
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-231 441	-432 387	-382 959	-439 052
Payments To Related Parties	21 954	22 116
Pension Costs Defined Contribution Plan	14 315	20 118	39 126	51 908
Percentage Class Share Held In Subsidiary				100	100
Prepayments	2 456	97 104	114 633	88 783
Proceeds From Sales Investment Properties		878 190
Proceeds From Sales Property Plant Equipment	51 249	53 913	324 950	64 501
Profit Loss	192 512	-40 650	-624 567	-201 881
Profit Loss Attributable To Owners Parent	192 512	-40 650	-624 567	-201 881
Profit Loss On Ordinary Activities Before Tax	233 701	-25 409	-761 275	-246 459
Property Plant Equipment Gross Cost	531 977	1 141 109	1 192 609	1 192 609	1 192 609	40 213	106 485
Provisions For Liabilities Balance Sheet Subtotal	129 549	138 767	19 438
Purchase Financial Assets Held For Trading Trading Investments				-119 543
Purchase Investment Properties	-19 119
Purchase Property Plant Equipment	-22 833	-239 809	-221 500	75 961
Raw Materials Consumables	19 854	37 959	22 977	44 707
Rental Income From Investment Property	137 692	48 955
Revenue From Rendering Services	7 263 103	9 912 348	9 479 483	8 023 857
Short-term Deposits Classified As Cash Equivalents				3 736
Social Security Costs	206 186	305 831	294 771	254 585
Staff Costs Employee Benefits Expense	2 708 860	3 895 796	3 688 327	3 152 706
Taxation Social Security Payable	1 023	1 012	1 022	2 392	331	221	684
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	1 976	-711
Tax Decrease Increase From Effect Revenue Exempt From Taxation				-4 808
Tax Expense Credit Applicable Tax Rate	46 740	-4 828	-144 642	-46 827
Tax Increase Decrease From Effect Capital Allowances Depreciation	-8 005	27 045	2 788	2 789
Tax Increase Decrease From Effect Dividends From Companies				-53
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	478	213	5 146	4 321
Tax Tax Credit On Profit Or Loss On Ordinary Activities	41 189	15 241	-136 708	-44 578
Total Assets Less Current Liabilities	4 299 878	4 576 350	3 524 931	3 481 815
Total Borrowings	122 940	430 844	123 321	301 524
Total Deferred Tax Expense Credit	5 014	-2 904	-118 563
Total Operating Lease Payments	498 318	1 055 531	1 172 873	1 090 903
Trade Creditors Trade Payables	487 990	144 000	607 231	607 691
Trade Debtors Trade Receivables	1 165 159	2 200 903	1 495 893	1 327 545
Transfers To From Owner-occupied Property Investment Property Fair Value Model		-880 896
Transfers To From Property Plant Equipment Fair Value Model						713 000
Turnover Revenue	7 386 257	9 757 233	9 041 008	7 862 280
Unpaid Contributions To Pension Schemes	546	860	1 263	3 980
Wages Salaries	2 476 008	3 536 534	3 349 066	2 836 297
Amount Specific Advance Or Credit Directors					30 464
Amount Specific Advance Or Credit Made In Period Directors					30 464
Amount Specific Advance Or Credit Repaid In Period Directors						-30 464
Company Contributions To Money Purchase Plans Directors	371	391	797	1 216
Director Remuneration	79 749	96 102	89 105	131 732
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1

Company staff

Thomas O.

Role: Director

Appointed: 28 April 2017

Latest update: 7 April 2024

Hugh O.

Role: Director

Appointed: 25 October 1991

Latest update: 7 April 2024

People with significant control

Hugh O.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Tini O.

Notified on 6 April 2016

Ceased on 19 March 2021

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	08 November 2024
Confirmation statement last made up date	25 October 2023

Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Oakfield Farm Products Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Thomas O.

Hugh O.

Tini O.

People with significant control

Hugh O.

Tini O.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode