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REGISTERED NUMBER: 04573154 (England and Wales)






















Financial Statements

for the Year Ended 31 March 2025

for

Oxendon House Care Home Limited

Oxendon House Care Home Limited (Registered number: 04573154)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Oxendon House Care Home Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr C D Clark



REGISTERED OFFICE: Suite One, First Floor
Pattinson House
Oak Park, East Road
Sleaford
Lincolnshire
NG34 7EQ



REGISTERED NUMBER: 04573154 (England and Wales)



SENIOR STATUTORY AUDITOR: Matthew Chadwick BA (Hons) FCA



AUDITORS: Wright Vigar Limited
Statutory Auditors
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Oxendon House Care Home Limited (Registered number: 04573154)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,528,321 3,575,000

CURRENT ASSETS
Debtors 5 98,982 29,839
Cash at bank and in hand 398 850
99,380 30,689
CREDITORS
Amounts falling due within one year 6 314,500 286,418
NET CURRENT LIABILITIES (215,120 ) (255,729 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,313,201

3,319,271

CREDITORS
Amounts falling due after more than one
year

7

(658,681

)

(667,844

)

PROVISIONS FOR LIABILITIES 8 (547,635 ) (544,542 )
NET ASSETS 2,106,885 2,106,885

CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 2,106,783 2,106,783
Retained earnings 100 100
SHAREHOLDERS' FUNDS 2,106,885 2,106,885

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 15 May 2025 and were signed by:





Mr C D Clark - Director


Oxendon House Care Home Limited (Registered number: 04573154)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Oxendon House Care Home 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 50 years
Fixtures and fittings - Straight line over 4 years and straight line over 7 years

In accordance with FRS 102 section 17, freehold property has been measured on the revaluation model. All other classes of asset have been measured on the cost model.

Included in cost or valuation of land and buildings is freehold land of £907,656 which has not been depreciated.

Financial instruments
The Company only enters into basic financial instrument 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 in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.


Oxendon House Care Home Limited (Registered number: 04573154)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

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
Despite the balance sheet showing excess of current liabilities over current assets of £215,120 (2024: £255,729) the director considers the going concern basis to be appropriate.

As at 31 March 2025 there is a balance of £658,681 (2024: £667,844) owing to Jasmine Healthcare Limited, the parent Company, which continues to support the Company. This amount is included within creditors due in more than one year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 38 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Land and and
buildings fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 3,373,796 589,141 3,962,937
Additions - 85,880 85,880
Disposals - (363,476 ) (363,476 )
At 31 March 2025 3,373,796 311,545 3,685,341
DEPRECIATION
At 1 April 2024 - 387,937 387,937
Charge for year 49,323 83,236 132,559
Eliminated on disposal - (363,476 ) (363,476 )
At 31 March 2025 49,323 107,697 157,020
NET BOOK VALUE
At 31 March 2025 3,324,473 203,848 3,528,321
At 31 March 2024 3,373,796 201,204 3,575,000

Oxendon House Care Home Limited (Registered number: 04573154)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2025 is represented by:

Fixtures
Land and and
buildings fittings Totals
£    £    £   
Valuation in 2015 837,940 - 837,940
Valuation in 2016 821,760 - 821,760
Valuation in 2019 (39,439 ) - (39,439 )
Valuation in 2024 716,059 - 716,059
Cost 1,037,476 311,545 1,349,021
3,373,796 311,545 3,685,341

If land and buildings had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,037,476 1,037,476
Aggregate depreciation 235,890 186,567

The land and buildings were valued on a market value basis on 22 February 2024 by Christie & Co .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 87,775 5,521
Other debtors 11,207 24,318
98,982 29,839

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 31,244 40,689
Taxation and social security 206,065 174,876
Other creditors 77,191 70,853
314,500 286,418

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 658,681 667,844

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 547,635 544,542

Oxendon House Care Home Limited (Registered number: 04573154)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 544,542
Accelerated capital allowances 3,093
Change in deferred tax rates
Revaluation of property
Balance at 31 March 2025 547,635

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 2 2

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Chadwick BA (Hons) FCA (Senior Statutory Auditor)
for and on behalf of Wright Vigar Limited

11. ULTIMATE PARENT COMPANY

Oxendon House Care Home Limited is a 100% subsidiary of Jasmine Healthcare Limited. Jasmine Healthcare Limited's registered office is:

Suite One
Pattinson House
Oak Park, East Road
Sleaford
Lincolnshire
NG34 7EQ

Consolidated financial statements for Jasmine Healthcare Limited are filed with the Registrar of Companies where copies may be obtained.

C D Clark is the ultimate controlling party by virtue of his shareholding in Jasmine Healthcare Limited.