Company Registration No. 06555683 (England and Wales)
Oakleigh Residential Home Limited
Unaudited accounts
for the year ended 30 April 2021
Oakleigh Residential Home Limited
Statement of financial position
as at 30 April 2021
Intangible assets
100,000
112,500
Tangible assets
69,331
40,072
Cash at bank and in hand
224,743
305,418
Creditors: amounts falling due within one year
(21,976)
(117,025)
Net current assets
202,767
188,393
Total assets less current liabilities
372,098
340,965
Creditors: amounts falling due after more than one year
(10,000)
(10,000)
Net assets
362,098
330,965
Called up share capital
200
200
Profit and loss account
361,898
330,765
Shareholders' funds
362,098
330,965
For the year ending 30 April 2021 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 28 January 2022 and were signed on its behalf by
Mrs Fatima Mawji
Director
Company Registration No. 06555683
Oakleigh Residential Home Limited
Notes to the Accounts
for the year ended 30 April 2021
Oakleigh Residential Home Limited is a private company, limited by shares, registered in England and Wales, registration number 06555683. The registered office is 50 ASHBY ROAD, MOIRA, SWADLINCOTE, DE12 6DJ.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill amortised over its useful economic life of 20 years.
4
Intangible fixed assets
Goodwill
Charge for the year
12,500
Oakleigh Residential Home Limited
Notes to the Accounts
for the year ended 30 April 2021
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2020
40,647
46,783
87,430
Additions
46,250
6,119
52,369
At 30 April 2021
86,897
52,902
139,799
At 1 May 2020
14,365
32,993
47,358
Charge for the year
18,133
4,977
23,110
At 30 April 2021
32,498
37,970
70,468
At 30 April 2021
54,399
14,932
69,331
At 30 April 2020
26,282
13,790
40,072
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
19,405
20,562
Other creditors
1,641
1,500
Loans from directors
930
74,686
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
10,000
10,000
The business property is owned by the directors and charged rent of £16,800 (2020: £16,800) for the year.
9
Average number of employees
During the year the average number of employees was 31 (2020: 32).
