Company Registration No. 08785175 (England and Wales)
Oregon Estates Limited
Unaudited accounts
for the year ended 31 March 2025
Oregon Estates Limited
Unaudited accounts
Contents
Oregon Estates Limited
Company Information
for the year ended 31 March 2025
Directors
A Morgan
O Morgan
Company Number
08785175 (England and Wales)
Registered Office
PORTLAND HOUSE
SOUTH STREET
DURHAM
COUNTY DURHAM
DH1 4QP
Oregon Estates Limited
Statement of financial position
as at 31 March 2025
Tangible assets
78,713
87,459
Investment property
6,562,210
6,562,210
Inventories
1,384,191
1,188,860
Cash at bank and in hand
30,397
39,587
Creditors: amounts falling due within one year
(5,080,461)
(5,265,426)
Net current liabilities
(3,208,714)
(3,318,426)
Total assets less current liabilities
3,432,210
3,331,244
Creditors: amounts falling due after more than one year
(922,570)
(960,583)
Net assets
2,509,640
2,370,661
Called up share capital
1
1
Profit and loss account
2,509,639
2,370,660
Shareholders' funds
2,509,640
2,370,661
For the year ending 31 March 2025 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 1 October 2025 and were signed on its behalf by
A Morgan
Director
Company Registration No. 08785175
Oregon Estates Limited
Notes to the Accounts
for the year ended 31 March 2025
Oregon Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 08785175. The registered office is PORTLAND HOUSE, SOUTH STREET, DURHAM, COUNTY DURHAM, DH1 4QP.
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:
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2024
6,562,210
At 31 March 2025
6,562,210
Oregon Estates Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Investments
Subsidiary undertakings
Valuation at 1 April 2024
1
Valuation at 31 March 2025
1
Amounts falling due within one year
Trade debtors
176,523
188,575
Amounts due from group undertakings etc.
271,285
302,147
Accrued income and prepayments
9,351
7,731
8
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
55,103
46,740
Other creditors
3,890
14,802
Loans from directors
4,915,447
5,156,795
Deferred income
4,000
17,565
9
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
455,570
485,583
Deferred income
467,000
475,000
Aggregate of amounts that fall due for payment after five years
451,000
455,000
10
Transactions with related parties
The following are related party's due to common shareholder.
Amounts owing to the company at the year end were:-
Why Hyde Ltd £0 (2024: £10,000)
Portland ML Ltd £0 (2024: £95,500)
East Accommodation Ltd £271,285 (2024: £504,484), is a wholly owned subsidiary.
Amounts owed by the company at the year end were :-
Portland Jesmond Ltd £17,370) (2024: £15,000)
Portland Investment AM Ltd £420,000 (2024: £420,000)
Oregon Estates Limited
Notes to the Accounts
for the year ended 31 March 2025
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).