OAKHAVEN RESIDENTIAL CARE HOME LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 01717877 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

OAKHAVEN RESIDENTIAL CARE HOME LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Ralph Douglas Holland

SECRETARY:

Ms Claudia Ehler

REGISTERED OFFICE:

C/O Golder Baqa

Ground Floor

1 Baker's Row

London

EC1R 3DB

REGISTERED NUMBER:

01717877 (England and Wales)

ACCOUNTANTS:

Golder Baqa Limited

Ground Floor

1 Baker's Row

London

EC1R 3DB

FIXED ASSETS

Tangible assets

4

413,236

423,653

Investments

5

176,127

589,363

599,780

CURRENT ASSETS

Debtors

6

798,376

531,629

Prepayments and accrued income

20,554

21,610

Cash at bank

86,436

67,378

905,366

620,617

CREDITORS

Amounts falling due within one year

7

309,558

224,759

NET CURRENT ASSETS

595,808

395,858

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,185,171

995,638

CREDITORS

Amounts falling due after more than one
year

8

25,054

50,393

NET ASSETS

1,160,117

945,245

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

305,745

Retained earnings

854,272

639,400

SHAREHOLDERS' FUNDS

1,160,117

945,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 10 July 2025 and were signed by:

Mr Ralph Douglas Holland - Director

1.	STATUTORY INFORMATION

OAKHAVEN RESIDENTIAL 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.

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.

Turnover

Turnover represents net invoiced sales of services, excluding Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

Office

property

& fittings

Equipment

Totals

£

COST

At 1 January 2024

706,123

274,254

59,404

1,039,781

Additions

-

3,505

5,582

9,087

Disposals

-

(249,097

)

(48,471

)

(297,568

)

At 31 December 2024

706,123

28,662

16,515

751,300

DEPRECIATION

At 1 January 2024

300,531

261,889

53,708

616,128

Charge for year

9,789

6,839

2,876

19,504

Eliminated on disposal

-

(249,097

)

(48,471

)

(297,568

)

At 31 December 2024

310,320

19,631

8,113

338,064

NET BOOK VALUE

At 31 December 2024

395,803

9,031

8,402

413,236

At 31 December 2023

405,592

12,365

5,696

423,653

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

176,127

NET BOOK VALUE

At 31 December 2024

176,127

At 31 December 2023

176,127

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

14,313

17,736

Other debtors

196,068

129,446

Directors' loan account

587,995

384,447

798,376

531,629

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

237

7,774

Trade creditors

10,229

24,133

Corporation tax

87,429

51,921

Tax payable under S455 CTA 10

68,697

20,170

Social security and other taxes

17,060

17,841

Other creditors

3,770

3,469

Accruals and deferred income

122,136

99,451

309,558

224,759

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans - 2-5 years

25,054

50,393

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

305,745

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr Ralph Douglas Holland

Balance outstanding at start of year

384,447

324,684

Amounts advanced

203,548

59,763

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

587,995

384,447

11.	ULTIMATE CONTROLLING PARTY

Mr Ralph Douglas Holland, the sole director of the company, controlled the company by virtue of a controlling interest (directly and indirectly) of 100% of the issued ordinary share capital.