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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
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
62,500 
75,000 
Tangible assets
31,104 
41,472 
Investment property
352,837 
195,189 
446,441 
311,661 
Current assets
Debtors
4,270 
- 
Cash at bank and in hand
317,662 
374,693 
321,932 
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 
Capital and reserves
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
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Oakleigh Residential Home Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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 
£ 
Cost
At 1 May 2023
250,000 
At 30 April 2024
250,000 
Amortisation
At 1 May 2023
175,000 
Charge for the year
12,500 
At 30 April 2024
187,500 
Net book value
At 30 April 2024
62,500 
At 30 April 2023
75,000 
- 3 -
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 
Depreciation
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 
Net book value
At 30 April 2024
24,805 
6,299 
31,104 
At 30 April 2023
33,073 
8,399 
41,472 
6
Investment property
2024 
£ 
Fair value at 1 May 2023
195,189 
Additions
157,648 
At 30 April 2024
352,837 
7
Debtors
2024 
2023 
£ 
£ 
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 
Other creditors
16,055 
- 
Loans from directors
133,230 
142,785 
Accruals
1,500 
1,500 
180,955 
171,909 
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.
- 4 -
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).
- 5 -