REGISTERED NUMBER: 04573154 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Oxendon House Care Home Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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

FIXED ASSETS

Tangible assets

4

3,471,232

3,528,321

CURRENT ASSETS

Debtors

5

221,181

98,982

Cash at bank and in hand

1,160

398

222,341

99,380

CREDITORS

Amounts falling due within one year

6

379,656

314,500

NET CURRENT LIABILITIES

(157,315

)

(215,120

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,313,917

3,313,201

CREDITORS

Amounts falling due after more than one year

7

(659,312

)

(658,681

)

PROVISIONS FOR LIABILITIES

8

(547,720

)

(547,635

)

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 2 June 2026 and were signed by:

Mr C D Clark - Director

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.

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 £157,315 (2025: £215,120) the director considers the going concern basis to be appropriate.

At 31 March 2026 there is a balance of £659,312 (2025: £658,681) 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 37 (2025 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

buildings

fittings

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

3,373,796

311,545

3,685,341

Additions

-

35,003

35,003

Disposals

-

(19,983

)

(19,983

)

At 31 March 2026

3,373,796

326,565

3,700,361

DEPRECIATION

At 1 April 2025

49,323

107,697

157,020

Charge for year

49,323

42,769

92,092

Eliminated on disposal

-

(19,983

)

(19,983

)

At 31 March 2026

98,646

130,483

229,129

NET BOOK VALUE

At 31 March 2026

3,275,150

196,082

3,471,232

At 31 March 2025

3,324,473

203,848

3,528,321

Cost or valuation at 31 March 2026 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

326,565

1,364,041

3,373,796

326,565

3,700,361

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

2026

2025

£

£

Cost

1,037,476

1,037,476

Aggregate depreciation

235,890

235,890

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

2026

2025

£

£

Trade debtors

99,754

87,775

Other debtors

121,427

11,207

221,181

98,982

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

34,407

31,244

Taxation and social security

252,678

206,065

Other creditors

92,571

77,191

379,656

314,500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

659,312

658,681

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

547,720

547,635

Deferred

tax

£

Balance at 1 April 2025

547,635

Accelerated capital allowances

85

Change in deferred tax rates

Revaluation of property

Balance at 31 March 2026

547,720

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

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.