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REGISTERED NUMBER: 01884909 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 May 2024

for

HISTOGRANGE LIMITED

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HISTOGRANGE LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: N Joyce
J Joyce





SECRETARY: J Joyce





REGISTERED OFFICE: Clifden House Care Home
80-88 Claremont Road
Seaford
East Sussex
BN25 2QD





REGISTERED NUMBER: 01884909 (England and Wales)





ACCOUNTANTS: Gravita
Chartered Accountants
6-8 Bath Street
Bristol
BS1 6HL

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Balance Sheet
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,161,139 3,041,192

CURRENT ASSETS
Stocks 2,100 1,750
Debtors 5 164,648 342,697
Cash at bank 421 21,940
167,169 366,387
CREDITORS
Amounts falling due within one year 6 (424,164 ) (522,161 )
NET CURRENT LIABILITIES (256,995 ) (155,774 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,904,144

2,885,418

CREDITORS
Amounts falling due after more than one
year

7

(853,405

)

(909,027

)
NET ASSETS 2,050,739 1,976,391

CAPITAL AND RESERVES
Called up share capital 45 45
Capital redemption reserve 55 55
Retained earnings 2,050,639 1,976,291
SHAREHOLDERS' FUNDS 2,050,739 1,976,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Balance Sheet - continued
31 MAY 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:





N Joyce - Director


HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024


1. COMPANY INFORMATION

Histogrange 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.

The principal activity of the company in the year under review was that of operating a residential care home.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts and other
sales related taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Not depreciated
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
The tax expense represents the current tax expense for the year. Current tax assets are recognised when tax paid exceeds the tax payable. Current tax is charged or credited to profit or loss, except when it relates to items charged or credited to other comprehensive income or equity, when the tax follows the transaction or event it relates to and is also charged or credited to other comprehensive income, or equity. Current tax assets and current tax liabilities are offset, if and only if, there is a legally enforceable right to set off the amounts and the entity intends either to settle on the net basis or to realise the asset and settle the liability simultaneously.

Current tax is based on taxable profit for the year. Current tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted by the reporting period.

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 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 51 (2023 - 54 ) .

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 3,000,916 24,673 39,990 10,744 3,076,323
Additions 55,879 39,192 53,450 3,848 152,369
Disposals - - (39,990 ) - (39,990 )
At 31 May 2024 3,056,795 63,865 53,450 14,592 3,188,702
DEPRECIATION
At 1 June 2023 - 10,721 20,069 4,341 35,131
Charge for year - 7,971 1,114 3,416 12,501
Eliminated on disposal - - (20,069 ) - (20,069 )
At 31 May 2024 - 18,692 1,114 7,757 27,563
NET BOOK VALUE
At 31 May 2024 3,056,795 45,173 52,336 6,835 3,161,139
At 31 May 2023 3,000,916 13,952 19,921 6,403 3,041,192

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,416 80,596
Other debtors 43,395 165,863
Directors' current accounts 93,837 96,238
164,648 342,697

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 76,026 195,045
Hire purchase contracts 12,713 4,939
Trade creditors 51,549 32,828
Tax 64,834 89,503
Social security and other taxes 102,219 91,691
Other creditors 104,004 98,345
Accruals and deferred income 12,819 9,810
424,164 522,161

HISTOGRANGE LIMITED (REGISTERED NUMBER: 01884909)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 815,727 891,754
Hire purchase contracts 37,678 17,273
853,405 909,027

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 891,753 1,086,799
Hire purchase contracts 50,391 22,212
942,144 1,109,011

The bank overdraft and bank loans are secured by debentures and legal charges over the assets of the company.

The hire purchase contract is secured over the motor vehicle asset of the company.

9. PENSION COMMITMENTS

Contributions totalling £8,795 (2023 - £5,481) were payable to the fund at the year end and are included in other creditors.

10. OTHER FINANCIAL COMMITMENTS

At 31 May 2024 the company had commitments under non-cancellable operating leases of £2,338 (2023: £4,323)

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
N Joyce
Balance outstanding at start of year 96,238 103,876
Amounts advanced 113,099 89,998
Amounts repaid (115,500 ) (97,636 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 93,837 96,238

Interest has been charged on the loan at 2.25%. The loan is repayable on demand.