Registered number: 11250611 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
Prepared By: | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
Oregan Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11250611 | ||||||||
ACCOUNTANTS | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
Oregan Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Oregan Homes Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2,3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
9,005 | 28,687 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (335,253) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 286,528 | 286,528 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 31,652 | 53,187 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Oregan Homes Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income within Other operating income. |
1d. Turnover | ||||||||
Turnover represents the total value of rental income receivable during the year. The total turnover of the company for the year has been dervied from its principal activity wholly undertaken in the UK. |
1e. Statutory Information | ||||||||
Oregan Homes Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 11250611 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU. |
1f. Financial Instruments | ||||||||
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. |
Oregan Homes Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||
Plant and | Fixtures | |||||
Machinery | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 April 2023 | 368 | 8,476 | 8,844 | |||
Additions | 260 | - | 260 | |||
At 31 March 2024 | 628 | 8,476 | 9,104 | |||
Depreciation | ||||||
At 1 April 2023 | 115 | 2,567 | 2,682 | |||
For the year | 91 | 1,477 | 1,568 | |||
At 31 March 2024 | 206 | 4,044 | 4,250 | |||
Net Book Amounts | ||||||
At 31 March 2024 | 4,854 | |||||
At 31 March 2023 | 6,162 | |||||
3. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 1 April 2023 | 668,906 | 668,906 | ||||||
At 31 March 2024 | 668,906 | 668,906 | ||||||
The investment properties are stated at fair value at the balance sheet date. | ||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 5,088 | 9,356 | ||||||
5,088 | 9,356 | |||||||
Oregan Homes Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account | 156,594 | 156,133 | ||||||
Trade creditors | 1,800 | 1,800 | ||||||
Other creditors | 204,027 | 204,027 | ||||||
Accruals | 2,064 | 1,980 | ||||||
364,485 | 363,940 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Mortgage | 286,528 | 286,528 | ||||||
286,528 | 286,528 | |||||||
The bank mortgages are secured over the investment properties of the company. The bank mortgages are charged at rates of 3.99% p.a. | ||||||||
7. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
99 | 99 | |||||||
1 | 1 | |||||||
100 | 100 | |||||||