1 December 2022 false No description of principal activity Taxfiler 2024.5 NI055022business:PrivateLimitedCompanyLtd2022-12-012023-11-30 NI0550222022-11-30 NI0550222022-12-012023-11-30 NI055022business:AuditExemptWithAccountantsReport2022-12-012023-11-30 NI055022business:FilletedAccounts2022-12-012023-11-30 NI0550222023-11-30 NI055022business:Director12022-12-012023-11-30 NI055022business:Director22022-12-012023-11-30 NI055022business:Director32022-12-012023-11-30 NI055022business:Director42022-12-012023-11-30 NI055022business:CompanySecretary12022-12-012023-11-30 NI055022business:RegisteredOffice2022-12-012023-11-30 NI0550222022-11-30 NI055022core:WithinOneYear2023-11-30 NI055022core:WithinOneYear2022-11-30 NI055022core:AfterOneYear2023-11-30 NI055022core:AfterOneYear2022-11-30 NI055022core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 NI055022core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 NI055022core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 NI055022core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 NI055022core:PreviouslyStatedAmount2023-11-30 NI055022core:PreviouslyStatedAmount2022-11-30 NI055022business:SmallEntities2022-12-012023-11-30 NI055022countries:NorthernIreland2022-12-012023-11-30 NI055022core:LandBuildings2022-12-012023-11-30 NI055022core:FurnitureFittings2022-12-012023-11-30 NI055022core:LandBuildings2022-11-30 NI055022core:MotorVehicles2022-11-30 NI055022core:FurnitureFittings2022-11-30 NI055022core:MotorVehicles2022-12-012023-11-30 NI055022core:LandBuildings2023-11-30 NI055022core:MotorVehicles2023-11-30 NI055022core:FurnitureFittings2023-11-30 NI055022business:OrdinaryShareClass12022-12-012023-11-30 NI055022business:OrdinaryShareClass12021-12-012022-11-30 NI0550222021-12-012022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI055022 (Northern Ireland)
Hamilton Nursing Home Ltd Unaudited accounts for the year ended 30 November 2023
Hamilton Nursing Home Ltd Unaudited accounts Contents
Page
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Hamilton Nursing Home Ltd Company Information for the year ended 30 November 2023
Directors
Heather Hamilton William Hamilton Lucinda Hamilton Patrick Hamilton
Secretary
H Hamilton
Company Number
NI055022 (Northern Ireland)
Registered Office
Unit A1, Boucher Business Studios Glenmachan Place Belfast BT12 6QH Northern Ireland
Accountants
James B Kennedy & Co., Unit A1, Boucher Business Studios Glenmachan Place Belfast BT12 6QH
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Hamilton Nursing Home Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
496,786 
512,124 
Current assets
Inventories
4,442 
6,739 
Debtors
32,087 
67,063 
Cash at bank and in hand
115,037 
155,221 
151,566 
229,023 
Creditors: amounts falling due within one year
(74,143)
(129,478)
Net current assets
77,423 
99,545 
Total assets less current liabilities
574,209 
611,669 
Creditors: amounts falling due after more than one year
(16,794)
(26,623)
Provisions for liabilities
Deferred tax
(48,363)
(49,327)
Net assets
509,052 
535,719 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
509,048 
535,715 
Shareholders' funds
509,052 
535,719 
For the year ending 30 November 2023 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 5 March 2024 and were signed on its behalf by
William Hamilton Director Company Registration No. NI055022
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Hamilton Nursing Home Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Hamilton Nursing Home Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI055022. The registered office is Unit A1, Boucher Business Studios, Glenmachan Place, Belfast, BT12 6QH, Northern Ireland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Land & buildings
2 - 7.5% on cost
Fixtures & fittings
7.5 - 20% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Hamilton Nursing Home Ltd Notes to the Accounts for the year ended 30 November 2023
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
278,046 
79,400 
707,251 
1,064,697 
Additions
- 
- 
50,400 
50,400 
At 30 November 2023
278,046 
79,400 
757,651 
1,115,097 
Depreciation
At 1 December 2022
51,678 
47,205 
453,690 
552,573 
Charge for the year
5,561 
13,028 
47,149 
65,738 
At 30 November 2023
57,239 
60,233 
500,839 
618,311 
Net book value
At 30 November 2023
220,807 
19,167 
256,812 
496,786 
At 30 November 2022
226,368 
32,195 
253,561 
512,124 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,087 
66,213 
Accrued income and prepayments
- 
850 
32,087 
67,063 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
Trade creditors
17,805 
17,826 
Taxes and social security
19,339 
24,882 
Loans from directors
13,994 
63,731 
Accruals
12,357 
12,391 
74,143 
129,478 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,794 
26,623 
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Hamilton Nursing Home Ltd Notes to the Accounts for the year ended 30 November 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
9
Average number of employees
During the year the average number of employees was 66 (2022: 65).
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