Company Registration No. 06555683 (England and Wales)
Oakleigh Residential Home Limited
Unaudited accounts
for the year ended 30 April 2024
Oakleigh Residential Home Limited
Statement of financial position
as at 30 April 2024
Intangible assets
62,500
75,000
Tangible assets
31,104
41,472
Investment property
352,837
195,189
Cash at bank and in hand
317,662
374,693
Creditors: amounts falling due within one year
(180,955)
(171,909)
Net current assets
140,977
202,784
Total assets less current liabilities
587,418
514,445
Creditors: amounts falling due after more than one year
(12,740)
(12,740)
Net assets
574,678
501,705
Called up share capital
200
200
Profit and loss account
574,478
501,505
Shareholders' funds
574,678
501,705
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by
Mrs Fatima Mawji
Director
Company Registration No. 06555683
Oakleigh Residential Home Limited
Notes to the Accounts
for the year ended 30 April 2024
Oakleigh Residential Home Limited is a private company, limited by shares, registered in England and Wales, registration number 06555683. The registered office is 50 ASHBY ROAD, MOIRA, SWADLINCOTE, DE12 6DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill amortised over its useful economic life of 20 years.
4
Intangible fixed assets
Goodwill
Charge for the year
12,500
Oakleigh Residential Home Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
90,195
52,902
143,097
At 30 April 2024
90,195
52,902
143,097
At 1 May 2023
57,122
44,503
101,625
Charge for the year
8,268
2,100
10,368
At 30 April 2024
65,390
46,603
111,993
At 30 April 2024
24,805
6,299
31,104
At 30 April 2023
33,073
8,399
41,472
Fair value at 1 May 2023
195,189
Amounts falling due within one year
Accrued income and prepayments
4,270
-
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
30,170
23,624
Proposed dividends
-
4,000
Loans from directors
133,230
142,785
9
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
12,740
12,740
10
Transactions with related parties
The business property is owned by the directors and charged rent of £16,800 (2023: £16,800) for the year.
Oakleigh Residential Home Limited
Notes to the Accounts
for the year ended 30 April 2024
11
Average number of employees
During the year the average number of employees was 34 (2023: 30).