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REGISTERED NUMBER: 06740350 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024

FOR

OAKLEAF CARE LIMITED

OAKLEAF CARE LIMITED (REGISTERED NUMBER: 06740350)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OAKLEAF CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTORS: D R Ormerod
C A Chisnall BA FCA
M P Smith FCA, FCCA
Mrs S Chisnall





REGISTERED OFFICE: 67 Chorley Old Road
Bolton
BL1 3AJ





REGISTERED NUMBER: 06740350 (England and Wales)






OAKLEAF CARE LIMITED (REGISTERED NUMBER: 06740350)

ABRIDGED BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 23,649 27,891

CURRENT ASSETS
Debtors 135,289 241,067
Cash at bank and in hand 81,618 73,799
216,907 314,866
CREDITORS
Amounts falling due within one year 134,868 222,645
NET CURRENT ASSETS 82,039 92,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,688

120,112

CAPITAL AND RESERVES
Called up share capital 4 210 210
Retained earnings 105,478 119,902
SHAREHOLDERS' FUNDS 105,688 120,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 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.

OAKLEAF CARE LIMITED (REGISTERED NUMBER: 06740350)

ABRIDGED BALANCE SHEET - continued
31ST MAY 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26th July 2024 and were signed on its behalf by:





C A Chisnall BA FCA - Director


OAKLEAF CARE LIMITED (REGISTERED NUMBER: 06740350)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Revenue, described as turnover, is the value of work (excluding VAT) provided during the year with respect to services.

Revenue is recognised on the provision of services on a daily rate by reference to the number of days each resident has occupied a room as an apportionment of the contract value.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 50% on cost, 33% on cost, 25% on cost and 10% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 25 ) .

OAKLEAF CARE LIMITED (REGISTERED NUMBER: 06740350)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st June 2023
and 31st May 2024 149,845
DEPRECIATION
At 1st June 2023 121,954
Charge for year 4,242
At 31st May 2024 126,196
NET BOOK VALUE
At 31st May 2024 23,649
At 31st May 2023 27,891

4. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
210 Share capital 1 £1 210 210

5. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who, between them, have a beneficial interest in all of the issued share capital of the parent company, Clifton Lawns Limited.