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REGISTERED NUMBER: 03665918 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

OREGON CARE LIMITED

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

OREGON CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr Poorun Bhugooa





SECRETARY: Mrs Jane Elizabeth Waters





REGISTERED OFFICE: 26 The Drive
Coulsdon
Surrey
CR5 2BL





REGISTERED NUMBER: 03665918 (England and Wales)





ACCOUNTANTS: Hayford & Co
Chartered Certified Accountants
27 Avenons Road
London
E13 8HU

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,252,248 1,221,852

CURRENT ASSETS
Debtors 5 12,427 7,361
Cash at bank and in hand 193,733 233,175
206,160 240,536
CREDITORS
Amounts falling due within one year 6 295,041 229,723
NET CURRENT (LIABILITIES)/ASSETS (88,881 ) 10,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,163,367

1,232,665

CREDITORS
Amounts falling due after more than one
year

7

13,021

29,022
NET ASSETS 1,150,346 1,203,643

CAPITAL AND RESERVES
Called up share capital 8 600 600
Retained earnings 9 1,149,746 1,203,043
SHAREHOLDERS' FUNDS 1,150,346 1,203,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 director and authorised for issue on 30 August 2024 and were signed by:





Mr Poorun Bhugooa - Director


OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Oregon Care 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 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
Turnover represents gross invoiced sales of services, including value added tax. The total turnover of the company for the year has been derived from the provision of services falling within the company's principal activities.

Tangible assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

Going concern
No material uncertainties related to events or conditions that may casts significant doubt on the ability of the company to continue as a going concern have been identifies by the director.

Freehold property
No provision is made for depreciation of Freehold properties. This is a departure from the requirements of the Regulations, which require all properties to be depreciated, in the opinion of the Director, this is necessary for Financial Statement to show a true and fair view in accordance with applicable accounting standards. If this departure had not been made, the profit for the financial year would have been reduced by depreciation. However, the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 34 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 December 2022 1,167,423 142,299 32,792
Additions - 51,050 247
At 30 November 2023 1,167,423 193,349 33,039
DEPRECIATION
At 1 December 2022 - 119,297 23,228
Charge for year - 14,504 2,543
At 30 November 2023 - 133,801 25,771
NET BOOK VALUE
At 30 November 2023 1,167,423 59,548 7,268
At 30 November 2022 1,167,423 23,002 9,564

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 168,784 37,242 25,695 1,574,235
Additions 2,150 - - 53,447
At 30 November 2023 170,934 37,242 25,695 1,627,682
DEPRECIATION
At 1 December 2022 154,730 32,304 22,824 352,383
Charge for year 4,051 1,235 718 23,051
At 30 November 2023 158,781 33,539 23,542 375,434
NET BOOK VALUE
At 30 November 2023 12,153 3,703 2,153 1,252,248
At 30 November 2022 14,054 4,938 2,871 1,221,852

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 12,427 7,361

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 11,558 9,682
Trade creditors 158 158
Taxation and social security 23,992 15,021
Other creditors 259,333 204,862
295,041 229,723

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 13,021 29,022

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
600 Ordinary £1 600 600

OREGON CARE LIMITED (REGISTERED NUMBER: 03665918)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

9. RESERVES
Retained
earnings
£   

At 1 December 2022 1,203,043
Profit for the year 27,703
Dividends (81,000 )
At 30 November 2023 1,149,746

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company paid dividends totalling £81,000 (2022 : £81,000) to the shareholders.

At the balance sheet date, the company owed its director £2,693 (2022 : £2,693).

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OREGON CARE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oregon Care Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Oregon Care Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oregon Care Limited and state those matters that we have agreed to state to the director of Oregon Care Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Oregon Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oregon Care Limited. You consider that Oregon Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oregon Care Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hayford & Co
Chartered Certified Accountants
27 Avenons Road
London
E13 8HU


30 August 2024