REGISTERED NUMBER: 10796473 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Oriel Lodge Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Bilal Ejaz Raja

REGISTERED OFFICE:

698b Finchley Road

London

NW11 7NE

REGISTERED NUMBER:

10796473 (England and Wales)

FIXED ASSETS

Intangible assets

4

36,833

49,833

Tangible assets

5

1,034,610

1,052,488

Investments

6

-

100

1,071,443

1,102,421

CURRENT ASSETS

Stocks

4,476

4,150

Debtors: amounts falling due within one year

7

27,612

19,492

Debtors: amounts falling due after more than one year

7

415,888

2,124,232

Cash at bank and in hand

11,411

5,983

459,387

2,153,857

CREDITORS

Amounts falling due within one year

8

142,711

188,871

NET CURRENT ASSETS

316,676

1,964,986

TOTAL ASSETS LESS CURRENT LIABILITIES

1,388,119

3,067,407

CREDITORS

Amounts falling due after more than one year

9

504,110

2,067,363

NET ASSETS

884,009

1,000,044

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

883,909

999,944

SHAREHOLDERS' FUNDS

884,009

1,000,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 December 2025 and were signed by:

Mr Bilal Ejaz Raja - Director

1.	STATUTORY INFORMATION

Oriel Lodge 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" and the companies Act 2006.

The financial statements have been prepared under historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

Straight line over 50 years

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 23 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

130,000

AMORTISATION

At 1 April 2024

80,167

Amortisation for year

13,000

At 31 March 2025

93,167

NET BOOK VALUE

At 31 March 2025

36,833

At 31 March 2024

49,833

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,047,538

102,871

32,663

15,774

1,198,846

Additions

-

-

-

3,211

3,211

At 31 March 2025

1,047,538

102,871

32,663

18,985

1,202,057

DEPRECIATION

At 1 April 2024

59,500

63,188

16,230

7,440

146,358

Charge for year

9,880

5,806

2,435

2,968

21,089

At 31 March 2025

69,380

68,994

18,665

10,408

167,447

NET BOOK VALUE

At 31 March 2025

978,158

33,877

13,998

8,577

1,034,610

At 31 March 2024

988,038

39,683

16,433

8,334

1,052,488

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

PROVISIONS

Eliminated on disposal

100

At 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

100

7.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

20,038

12,267

Prepayments and accrued income

7,574

7,225

27,612

19,492

31.3.25

31.3.24

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

415,888

2,124,232

Aggregate amounts

443,500

2,143,724

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

21,780

Trade creditors

22,970

70,948

Tax

77,664

51,987

Social security and other taxes

8,731

8,211

Pension Payable

6,221

1,708

Residents personal allowance

96

-

Accruals and deferred income

27,029

34,237

142,711

188,871

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

1,688,772

Preferred Equity

5,000

10,000

SSAS loan

61,718

59,853

Amounts owed to group undertakings

305,367

175,744

Directors' loan accounts

132,025

132,994

504,110

2,067,363

10.

RESERVES

Retained

earnings

£

At 1 April 2024

999,944

Profit for the year

215,114

Dividends

(331,149

)

At 31 March 2025

883,909

11.	RELATED PARTY DISCLOSURES

Director's current account balance of £132,025 (2024: £132,994) relates to Mr B E Raja.

Amounts owed by/to group undertakings relates to the following;

The company was owed £415,750 (2024: £2,124,232) by Oriel Healthcare Group

Management Ltd and £138 (2024 : Nil) by Hulcott NH Ltd. The company owed £305,367 (2024: £175,744) to FC Panteg Ltd.