Company registration number:
3911309
Holly House Care Home Limited
Unaudited financial statements
31 January 2025
Morris & Partners
35 Theydon Park Road
Theydon Bois
Essex CM16 7LR
Telephone 01992 813574
E-mail: chris@morrispartners.co.uk
Holly House Care Home Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Holly House Care Home Limited
Directors and other information
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Directors |
J N Holland |
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M A Holland |
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E R Wilton-Keely |
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Secretary |
M A Holland |
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Company number |
3911309 |
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Registered office |
35 Theydon Park Road |
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Theydon Bois |
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Essex |
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CM16 7LR |
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Accountants |
Morris & Partners |
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35 Theydon Park Road |
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Theydon Bois |
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Essex |
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CM16 7LR |
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Holly House Care Home Limited
Accountants' report on the unaudited financial statements to the directors of
Holly House Care Home Limited
As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 January 2025 set out on pages 3 to 6 and you consider that the company is exempt from an audit. In accordance with your instructions we have compiled these unaudited financial statements, in order to assist you to fulfil your statutory responsibilities, from the accounting records and information supplied to us.
Morris & Partners
35 Theydon Park Road
Theydon Bois
Essex
CM16 7LR
Date: 4 February 2025
Holly House Care Home Limited
Statement of financial position
31 January 2025
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31/01/25 |
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30/06/24 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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4 |
411,528 |
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411,528 |
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_______ |
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_______ |
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411,528 |
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411,528 |
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Current assets |
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Debtors |
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5 |
20,000 |
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20,000 |
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Cash at bank and in hand |
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577,774 |
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575,950 |
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_______ |
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_______ |
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597,774 |
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595,950 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
6,516) |
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(
8,172) |
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_______ |
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_______ |
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Net current assets |
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591,258 |
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587,778 |
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_______ |
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Total assets less current liabilities |
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1,002,786 |
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999,306 |
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_______ |
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Net assets |
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1,002,786 |
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999,306 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
Profit and loss account |
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1,002,686 |
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999,206 |
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_______ |
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Shareholders funds |
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1,002,786 |
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999,306 |
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_______ |
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_______ |
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For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
04 February 2025
, and are signed on behalf of the board by:
J N Holland
Director
Company registration number:
3911309
Holly House Care Home Limited
Notes to the financial statements
Period ended 31 January 2025
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 35 Theydon Park Road, Theydon Bois, Essex, CM16 7LR.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Tangible assets
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Freehold property |
Total |
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£ |
£ |
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Cost |
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At 1 July 2024 and 31 January 2025 |
411,528 |
411,528 |
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Depreciation |
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At 1 July 2024 and 31 January 2025 |
- |
- |
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Carrying amount |
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At 31 January 2025 |
411,528 |
411,528 |
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_______ |
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At 30 June 2024 |
411,528 |
411,528 |
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5.
Debtors
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31/01/25 |
30/06/24 |
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£ |
£ |
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Other debtors |
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20,000 |
20,000 |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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31/01/25 |
30/06/24 |
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£ |
£ |
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Corporation tax |
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816 |
2,472 |
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Other creditors |
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5,700 |
5,700 |
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_______ |
_______ |
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6,516 |
8,172 |
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_______ |
_______ |
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