15 15 Hand in Hand Community Care Limited 08557476 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is providing domiciliary care and that of furnished holiday letting. Digita Accounts Production Advanced 6.30.9574.0 true true 08557476 2023-07-01 2024-06-30 08557476 2024-06-30 08557476 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-06-30 08557476 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-06-30 08557476 core:CurrentFinancialInstruments 2024-06-30 08557476 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08557476 core:Non-currentFinancialInstruments 2024-06-30 08557476 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 08557476 core:FurnitureFittings 2024-06-30 08557476 core:LandBuildings core:LongLeaseholdAssets 2024-06-30 08557476 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 08557476 core:MotorVehicles 2024-06-30 08557476 core:OfficeEquipment 2024-06-30 08557476 core:OtherPropertyPlantEquipment 2024-06-30 08557476 core:PlantMachinery 2024-06-30 08557476 bus:SmallEntities 2023-07-01 2024-06-30 08557476 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08557476 bus:FilletedAccounts 2023-07-01 2024-06-30 08557476 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08557476 bus:RegisteredOffice 2023-07-01 2024-06-30 08557476 bus:CompanySecretary1 2023-07-01 2024-06-30 08557476 bus:Director1 2023-07-01 2024-06-30 08557476 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08557476 bus:Agent1 2023-07-01 2024-06-30 08557476 core:ComputerEquipment 2023-07-01 2024-06-30 08557476 core:FurnitureFittings 2023-07-01 2024-06-30 08557476 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 08557476 core:LandBuildings 2023-07-01 2024-06-30 08557476 core:LandBuildings core:LongLeaseholdAssets 2023-07-01 2024-06-30 08557476 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08557476 core:LeaseholdImprovements 2023-07-01 2024-06-30 08557476 core:MotorVehicles 2023-07-01 2024-06-30 08557476 core:OfficeEquipment 2023-07-01 2024-06-30 08557476 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 08557476 core:PlantMachinery 2023-07-01 2024-06-30 08557476 countries:EnglandWales 2023-07-01 2024-06-30 08557476 2023-06-30 08557476 core:FurnitureFittings 2023-06-30 08557476 core:LandBuildings core:LongLeaseholdAssets 2023-06-30 08557476 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 08557476 core:MotorVehicles 2023-06-30 08557476 core:OfficeEquipment 2023-06-30 08557476 core:OtherPropertyPlantEquipment 2023-06-30 08557476 core:PlantMachinery 2023-06-30 08557476 2022-07-01 2023-06-30 08557476 2023-06-30 08557476 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-06-30 08557476 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-06-30 08557476 core:CurrentFinancialInstruments 2023-06-30 08557476 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 08557476 core:Non-currentFinancialInstruments 2023-06-30 08557476 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 08557476 core:FurnitureFittings 2023-06-30 08557476 core:LandBuildings core:LongLeaseholdAssets 2023-06-30 08557476 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 08557476 core:MotorVehicles 2023-06-30 08557476 core:OfficeEquipment 2023-06-30 08557476 core:OtherPropertyPlantEquipment 2023-06-30 08557476 core:PlantMachinery 2023-06-30 xbrli:pure iso4217:GBP

Registration number: 08557476

Hand in Hand Community Care Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Hand in Hand Community Care Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Hand in Hand Community Care Limited

Company Information

Director

Mrs A Gealy

Company secretary

Ms M A Gwynne

Registered office

Llink Group Offices
Crossgates
Llandrindod Wells
Powys
LD1 6RE

Bankers

Barclays Bank Plc
Leicester
Leicestershire
LE87 2BB

Accountants

W J James & Co
Chartered AccountantsBishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

Hand in Hand Community Care Limited

(Registration number: 08557476)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

142,643

167,174

Current assets

 

Stocks

1,856

1,613

Debtors

5

58,151

62,114

Cash at bank and in hand

 

43,537

61,397

 

103,544

125,124

Creditors: Amounts falling due within one year

6

(116,315)

(124,731)

Net current (liabilities)/assets

 

(12,771)

393

Total assets less current liabilities

 

129,872

167,567

Creditors: Amounts falling due after more than one year

6

(72,317)

(96,341)

Net assets

 

57,555

71,226

Capital and reserves

 

Called up share capital

100

100

Retained earnings

57,455

71,126

Shareholders' funds

 

57,555

71,226

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 March 2025
 

.........................................
Mrs A Gealy
Director

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Llink Group Offices
Crossgates
Llandrindod Wells
Powys
LD1 6RE
United Kingdom

These financial statements were authorised for issue by the director on 12 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has net current labilities at the balance sheet date. The director and shareholder is a company creditor and her loan account with the company will not be repaid to her until the company is able to do so.

Revenue recognition

Turnover represents the value of care services and accomodation monies received.

Government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

Tax

The tax expense for the period comprises of current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

Nil

Improvements to property

Nil

Computer equipment

25% on reducing balance

Fixtures and fittings

20% on reducing balance

Office equipment

20% on reducing balance

Motor vehicles

25 % on reducing balance

Stock of equipment

Nil

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed or furnished holiday let stays in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2023 - 15).

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Land and buildings
£

Inprovements to property
£

Computer equipment
£

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Stock of equipment
 £

Total
£

Cost or valuation

At 1 July 2023

41,000

19,103

8,211

14,152

4,875

128,472

4,621

220,434

Additions

-

-

660

500

119

-

-

1,279

Disposals

-

-

(3,635)

-

(516)

-

-

(4,151)

At 30 June 2024

41,000

19,103

5,236

14,652

4,478

128,472

4,621

217,562

Depreciation

At 1 July 2023

-

-

6,920

4,745

3,851

37,744

-

53,260

Charge for the year

-

-

583

1,981

216

22,682

-

25,462

Eliminated on disposal

-

-

(3,351)

-

(452)

-

-

(3,803)

At 30 June 2024

-

-

4,152

6,726

3,615

60,426

-

74,919

Carrying amount

At 30 June 2024

41,000

19,103

1,084

7,926

863

68,046

4,621

142,643

At 30 June 2023

41,000

19,103

1,291

9,407

1,024

90,728

4,621

167,174

Included within the net book value of land and buildings above is £41,000 (2023 - £41,000) in respect of freehold land and buildings and £19,103 (2023 - £19,103) in respect of long leasehold land and buildings.
 

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

8,921

972

Prepayments

45,007

51,047

Other debtors

4,223

10,095

 

58,151

62,114

 

Hand in Hand Community Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

24,504

29,653

Trade creditors

 

4,437

2,797

Taxation and social security

 

17,482

19,094

Accruals and deferred income

 

5,193

3,896

Other creditors

 

64,699

69,291

 

116,315

124,731

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

72,258

96,262

Deferred income

 

59

79

 

72,317

96,341

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

17,500

27,503

Hire purchase contracts

54,758

68,759

72,258

96,262

Current loans and borrowings

2024
£

2023
£

Bank borrowings

10,000

9,998

Hire purchase contracts

14,504

19,655

24,504

29,653