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REGISTERED NUMBER: 02934738 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

HAMPSTEAD HEALTHCARE LIMITED

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAMPSTEAD HEALTHCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: Dr L H Greenwall





SECRETARY: Dr H J Cohen





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 02934738 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

BALANCE SHEET
30 APRIL 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 358,923 484,647
358,923 484,647

CURRENT ASSETS
Debtors 6 1,131,951 950,342
Cash at bank and in hand 292 109,634
1,132,243 1,059,976
CREDITORS
Amounts falling due within one year 7 (742,519 ) (840,315 )
NET CURRENT ASSETS 389,724 219,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

748,647

704,308

CREDITORS
Amounts falling due after more than one
year

8

(77,660

)

(167,014

)

PROVISIONS FOR LIABILITIES (26,238 ) (27,738 )
NET ASSETS 644,749 509,556

CAPITAL AND RESERVES
Called up share capital 11 200 200
Retained earnings 644,549 509,356
SHAREHOLDERS' FUNDS 644,749 509,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

BALANCE SHEET - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2024 and were signed by:





Dr L H Greenwall - Director


HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Hampstead Healthcare 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" 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 represents net invoiced supply of services, excluding value added tax.

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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - evenly over the period of the lease
Equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Government grants
Grants are recognised over the period in which the associated costs are incurred.

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.

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 1,215,672
AMORTISATION
At 1 May 2022
and 30 April 2023 1,215,672
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold Equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2022
and 30 April 2023 273,792 147,708 662,767 24,515 1,108,782
DEPRECIATION
At 1 May 2022 - 102,251 499,803 22,081 624,135
Charge for year 73,011 11,364 40,741 608 125,724
At 30 April 2023 73,011 113,615 540,544 22,689 749,859
NET BOOK VALUE
At 30 April 2023 200,781 34,093 122,223 1,826 358,923
At 30 April 2022 273,792 45,457 162,964 2,434 484,647

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and
fittings
£   
COST
At 1 May 2022
and 30 April 2023 239,426
DEPRECIATION
At 1 May 2022 163,670
Charge for year 18,939
At 30 April 2023 182,609
NET BOOK VALUE
At 30 April 2023 56,817
At 30 April 2022 75,756

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 65,657 70,447
Other debtors 1,066,294 879,895
1,131,951 950,342

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 17,970 8,000
Hire purchase contracts (see note 9) 81,030 98,879
Trade creditors 83,872 55,908
Taxation and social security 116,655 92,987
Other creditors 442,992 584,541
742,519 840,315

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 19,333 27,333
Hire purchase contracts (see note 9) 58,327 139,681
77,660 167,014

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.4.23 30.4.22
£    £   
Net obligations repayable:
Within one year 81,030 98,879
Between one and five years 58,327 139,681
139,357 238,560

Non-cancellable operating leases
30.4.23 30.4.22
£    £   
Within one year 75,000 75,000
Between one and five years 375,000 375,000
In more than five years 1,125,000 1,200,000
1,575,000 1,650,000

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Bank overdrafts 9,970 -
Other loans 384,932 536,825
Hire Purchase 139,357 238,560
534,259 775,385

Bank indebtedness is secured by a debenture deed comprising a fixed and floating charge over the assets owned by the company. The loans from Hampstead Heathcare Pension Scheme are secured by a debenture comprising a second charge over the assets of the company. The hire purchase loans are secured on the equipment.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
200 Ordinary £1 200 200

12. RELATED PARTY DISCLOSURES

Anedjore Properties Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 40,031 40,000

Trajectory 1 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 225,183 225,083

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


12. RELATED PARTY DISCLOSURES - continued

Trajectory 3 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 295,083 195,083

Trajectory 5 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 170,083 170,083

Trajectory 13 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 30,998 30,000

Trajectory 125 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 50,146 50,146

HAMPSTEAD HEALTHCARE LIMITED (REGISTERED NUMBER: 02934738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


12. RELATED PARTY DISCLOSURES - continued

Trajectory Camden Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from/(to) related party at the balance sheet date 18,376 (500 )

Trajectory 4 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 170,000 170,000

Trajectory 162 Limited

A company in which Dr L H Greenwall is a director.


There were no transactions between the parties apart from the transfer of funds during the year.

30.4.23 30.4.22
£    £   
Amount due from related party at the balance sheet date 66,394 -