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REGISTERED NUMBER: 10025803 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

HEADSTART RESIDENTIAL CARE LTD

HEADSTART RESIDENTIAL CARE LTD (REGISTERED NUMBER: 10025803)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEADSTART RESIDENTIAL CARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Ms N I Dann
Mrs C D Melia





REGISTERED OFFICE: 1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL





REGISTERED NUMBER: 10025803 (England and Wales)





ACCOUNTANTS: Aequitas Limited
1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL

HEADSTART RESIDENTIAL CARE LTD (REGISTERED NUMBER: 10025803)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 686,886 372,631

CURRENT ASSETS
Debtors 5 289,867 166,005
Cash at bank and in hand 129,746 279,461
419,613 445,466
CREDITORS
Amounts falling due within one year 6 513,292 114,949
NET CURRENT (LIABILITIES)/ASSETS (93,679 ) 330,517
TOTAL ASSETS LESS CURRENT
LIABILITIES

593,207

703,148

CREDITORS
Amounts falling due after more than one
year

7

23,333

38,439
NET ASSETS 569,874 664,709

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 569,873 664,708
569,874 664,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HEADSTART RESIDENTIAL CARE LTD (REGISTERED NUMBER: 10025803)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2023 and were signed on its behalf by:





Ms N I Dann - Director


HEADSTART RESIDENTIAL CARE LTD (REGISTERED NUMBER: 10025803)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Headstart Residential Care Ltd 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Improvements to property - Straight line over 10 years
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current taxation . Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 63 (2022 - 46 ) .

HEADSTART RESIDENTIAL CARE LTD (REGISTERED NUMBER: 10025803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 162,104 259,323 58,998 8,303 488,728
Additions 285,956 144,025 12,945 14,091 457,017
At 28 February 2023 448,060 403,348 71,943 22,394 945,745
DEPRECIATION
At 1 March 2022 - 78,756 34,573 2,768 116,097
Charge for year 44,806 81,148 9,343 7,465 142,762
At 28 February 2023 44,806 159,904 43,916 10,233 258,859
NET BOOK VALUE
At 28 February 2023 403,254 243,444 28,027 12,161 686,886
At 28 February 2022 162,104 180,567 24,425 5,535 372,631

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 289,867 137,856
Other debtors - 28,149
289,867 166,005

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 5,106
Trade creditors 52,258 27,686
Taxation and social security 180,740 45,207
Other creditors 270,294 26,950
513,292 114,949

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 23,333 33,333
Hire purchase contracts - 5,106
23,333 38,439