IRIS Accounts Production v25.1.3.33 06790502 Board of Directors 1.9.23 31.8.24 31.8.24 27.5.25 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067905022023-08-31067905022024-08-31067905022023-09-012024-08-31067905022022-08-31067905022022-09-012023-08-31067905022023-08-3106790502ns15:EnglandWales2023-09-012024-08-3106790502ns14:PoundSterling2023-09-012024-08-3106790502ns10:Director12023-09-012024-08-3106790502ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106790502ns10:SmallEntities2023-09-012024-08-3106790502ns10:Audited2023-09-012024-08-3106790502ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106790502ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106790502ns10:FullAccounts2023-09-012024-08-3106790502ns10:OrdinaryShareClass12023-09-012024-08-3106790502ns5:CurrentFinancialInstruments2024-08-3106790502ns5:CurrentFinancialInstruments2023-08-3106790502ns5:ShareCapital2024-08-3106790502ns5:ShareCapital2023-08-3106790502ns5:RetainedEarningsAccumulatedLosses2024-08-3106790502ns5:RetainedEarningsAccumulatedLosses2023-08-3106790502ns10:RegisteredOffice2023-09-012024-08-3106790502ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-09-012024-08-3106790502ns5:PlantMachinery2023-09-012024-08-3106790502ns5:FurnitureFittings2023-09-012024-08-3106790502ns5:LandBuildings2023-08-3106790502ns5:PlantMachinery2023-08-3106790502ns5:FurnitureFittings2023-08-3106790502ns5:LandBuildings2023-09-012024-08-3106790502ns5:LandBuildings2024-08-3106790502ns5:PlantMachinery2024-08-3106790502ns5:FurnitureFittings2024-08-3106790502ns5:LandBuildings2023-08-3106790502ns5:PlantMachinery2023-08-3106790502ns5:FurnitureFittings2023-08-3106790502ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106790502ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3106790502ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 06790502 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

OAK HOUSE CARE LIMITED

OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 877,112 887,609

CURRENT ASSETS
Debtors 5 1,114,056 795,290
Cash at bank 521,538 399,379
1,635,594 1,194,669
CREDITORS
Amounts falling due within one year 6 456,183 309,691
NET CURRENT ASSETS 1,179,411 884,978
TOTAL ASSETS LESS CURRENT LIABILITIES 2,056,523 1,772,587

PROVISIONS FOR LIABILITIES 11,001 16,131
NET ASSETS 2,045,522 1,756,456

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 2,045,520 1,756,454
SHAREHOLDERS' FUNDS 2,045,522 1,756,456

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





Mrs R Patel - Director


OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Oak House Care Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06790502

Registered office: Panteg Farm Graig Road
Lisvane
Cardiff
CF14 0UF

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.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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.
Freehold property - 0% - 2% straight line
Plant and machinery - 10% Straight line
Fixtures and fittings - 10% Straight line

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


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.

Financial instruments
Classification
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Debt instruments are subsequently measured at amortised cost.

Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 31 ) .

OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 September 2023 1,283,701 26,009 36,521 1,346,231
Additions - 1,421 3,763 5,184
At 31 August 2024 1,283,701 27,430 40,284 1,351,415
DEPRECIATION
At 1 September 2023 419,085 13,839 25,698 458,622
Charge for year 12,198 2,042 1,441 15,681
At 31 August 2024 431,283 15,881 27,139 474,303
NET BOOK VALUE
At 31 August 2024 852,418 11,549 13,145 877,112
At 31 August 2023 864,616 12,170 10,823 887,609

Included in Freehold property is an amount of £500,000 which is not depreciated as it relates to land owned by the company.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 71,452 59,663
Amounts owed by group undertakings 1,015,692 704,692
Other debtors 997 859
Prepayments and accrued income 25,915 30,076
1,114,056 795,290

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,913 24,385
Amounts owed to group undertakings 243,199 185,860
Tax 161,902 58,958
Social security and other taxes 8,206 7,593
Other creditors 3,639 3,723
Accruals and deferred income 26,324 29,172
456,183 309,691

OAK HOUSE CARE LIMITED (REGISTERED NUMBER: 06790502)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2

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

The Report of the Auditors was unqualified.

Stephen John Bickerton (Senior Statutory Auditor)
for and on behalf of Advantage Accountancy & Advisory Ltd