Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01false3427truetrue 04701801 2022-04-01 2023-03-31 04701801 2021-04-01 2022-03-31 04701801 2023-03-31 04701801 2022-03-31 04701801 2021-04-01 04701801 c:Director5 2022-04-01 2023-03-31 04701801 d:Buildings 2022-04-01 2023-03-31 04701801 d:Buildings 2023-03-31 04701801 d:Buildings 2022-03-31 04701801 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04701801 d:Buildings d:LongLeaseholdAssets 2022-04-01 2023-03-31 04701801 d:Buildings d:LongLeaseholdAssets 2023-03-31 04701801 d:Buildings d:LongLeaseholdAssets 2022-03-31 04701801 d:PlantMachinery 2022-04-01 2023-03-31 04701801 d:PlantMachinery 2023-03-31 04701801 d:PlantMachinery 2022-03-31 04701801 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04701801 d:FurnitureFittings 2022-04-01 2023-03-31 04701801 d:FurnitureFittings 2023-03-31 04701801 d:FurnitureFittings 2022-03-31 04701801 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04701801 d:ComputerEquipment 2022-04-01 2023-03-31 04701801 d:ComputerEquipment 2023-03-31 04701801 d:ComputerEquipment 2022-03-31 04701801 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04701801 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04701801 d:CurrentFinancialInstruments 2023-03-31 04701801 d:CurrentFinancialInstruments 2022-03-31 04701801 d:Non-currentFinancialInstruments 2023-03-31 04701801 d:Non-currentFinancialInstruments 2022-03-31 04701801 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04701801 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04701801 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 04701801 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 04701801 d:ShareCapital 2023-03-31 04701801 d:ShareCapital 2022-03-31 04701801 d:RetainedEarningsAccumulatedLosses 2023-03-31 04701801 d:RetainedEarningsAccumulatedLosses 2022-03-31 04701801 c:OrdinaryShareClass1 2022-04-01 2023-03-31 04701801 c:OrdinaryShareClass1 2023-03-31 04701801 c:OrdinaryShareClass1 2022-03-31 04701801 c:FRS102 2022-04-01 2023-03-31 04701801 c:Audited 2022-04-01 2023-03-31 04701801 c:FullAccounts 2022-04-01 2023-03-31 04701801 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04701801 c:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04701801 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 04701801 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 04701801 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 04701801 d:TaxLossesCarry-forwardsDeferredTax 2022-03-31 04701801 d:OtherDeferredTax 2023-03-31 04701801 d:OtherDeferredTax 2022-03-31 04701801 e:UnitedKingdom 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04701801










BURNHAM LODGE LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023



 
BURNHAM LODGE LIMITED
REGISTERED NUMBER: 04701801

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,032,889
5,684,708

 
Current assets
  

Debtors: amounts falling due within one year
 5 
385,903
187,990

Cash at bank and in hand
 6 
151,720
28,329

  
537,623
216,319

Creditors: amounts falling due within one year
 7 
(338,150)
(340,908)

Net current assets/(liabilities)
  
 
 
199,473
 
 
(124,589)

Total assets less current liabilities
  
6,232,362
5,560,119

Creditors: amounts falling due after more than one year
 8 
(3,211,663)
(3,036,424)

 
Provisions for liabilities
  

Deferred tax
 9 
(115,186)
(85,464)

  
 
 
(115,186)
 
 
(85,464)

Net assets
  
2,905,513
2,438,231


Capital and reserves
  

Called up share capital 
 10 
1
1

Profit and loss account
  
2,905,512
2,438,230

  
2,905,513
2,438,231


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 November 2023.


K A Shaw
Director

The notes on pages 2 to 8 form part of these financial statements.

Page 1

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The Company is a private company limited by shares (registered number is 04701801) and registered in England and Wales. The address of the registered office and principal place of business is 2nd Floor, Clifton House, Bunnian Place, Basingstoke, Hampshire, RG21 7JE.
The Company's principal activity during the year under review was that of operating a residential care and nursing home.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

  
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

Page 2

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
held at valuation
Property improvements
-
5% - 10% per annum on cost
Plant and machinery
-
5% - 10% per annum on cost
Fixtures and fittings
-
10% - 50% per annum on cost
Computer equipment
-
20% - 50% per annum on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.8

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 liabilities and equity are classified according to the substance of the financial instrument’s contractual obligations, rather than the financial instrument’s legal form.

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 34 (2022 - 27).

Page 4

 


 
BURNHAM LODGE LIMITED


 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


4.


Tangible fixed assets






Freehold property
Property improvements
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 April 2022
5,561,364
-
105,554
540,727
18,852
6,226,497


Additions
-
3,912
-
432,069
5,225
441,206



At 31 March 2023

5,561,364
3,912
105,554
972,796
24,077
6,667,703



Depreciation


At 1 April 2022
-
-
37,134
491,300
13,355
541,789


Charge for the year on owned assets
-
-
10,556
78,114
4,355
93,025



At 31 March 2023

-
-
47,690
569,414
17,710
634,814



Net book value



At 31 March 2023
5,561,364
3,912
57,864
403,382
6,367
6,032,889



At 31 March 2022
5,561,364
-
68,420
49,427
5,497
5,684,708

Page 5

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
282,643
166,359

Prepayments and accrued income
103,260
21,631

385,903
187,990



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
151,720
28,329



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
49,559
77,208

Corporation tax
72,944
95,301

Other taxation and social security
19,715
19,482

Other creditors
16,889
17,278

Accruals and deferred income
179,043
131,639

338,150
340,908



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Amounts owed to group undertakings
3,211,663
3,036,424


The intercompany payable is unsecured and fully subordinated to any charges or rights accrued in connection with the Group loan facility. The intercompany payable is repayable on a rolling 367 day basis and accrues no interest.
The bank loan held by Hartford Care Group Limited is secured by an intercompany guarantee over the Group's assets.

Page 6

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Deferred taxation




2023
2022


£

£






At beginning of year
(85,464)
(75,498)


Charged to the profit or loss
(29,722)
(9,966)



At end of year
(115,186)
(85,464)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(33,787)
(3,378)

Capital gains/(losses)
(82,355)
(82,356)

Other short term timing differences
956
270

(115,186)
(85,464)


10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



11.


Contingent liabilities

Along with fellow subsidiaries, the Company is a guarantor in the Facilities Agreement, entered into by Hartford Care Group Limited with National Westminster Bank plc. Under this agreement the bank holds a charge over its assets.


12.


Related party transactions

The Company is exempt from disclosing related party transactions with other 100% owned members of the Group headed by Hartford Care Group Limited by virtue of FRS 102 section 33.1A. Balances due to members of the Group are disclosed in note 8.

Page 7

 
BURNHAM LODGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

13.


Controlling party

The ultimate parent Company and the smallest and largest group in which the company’s results are   consolidated is Hartford Care Group Limited, a company incorporated in England and Wales. The consolidated accounts of Hartford Care Group Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.
There is no one ultimate controlling party.


14.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2023 was unqualified.

The audit report was signed on 7 November 2023 by Alexander Peal BSc (Hons) FCA DChA (Senior Statutory Auditor) on behalf of James Cowper Kreston Audfit.

Page 8