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REGISTERED NUMBER: 09549321 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HSN CARE (BRICKET WOOD) LIMITED

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HSN CARE (BRICKET WOOD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr L Lenik





REGISTERED OFFICE: Suite 1, Noble House
Mount Hill Lane
Gerrards Cross
Buckinghamshire
SL9 8SU





REGISTERED NUMBER: 09549321 (England and Wales)





ACCOUNTANTS: MGR Weston Kay LLP
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,278,442 3,762,924

CURRENT ASSETS
Debtors 5 12,525 13,732
Cash at bank and in hand 36,497 29,398
49,022 43,130
CREDITORS
Amounts falling due within one year 6 (2,494,094 ) (2,546,125 )
NET CURRENT LIABILITIES (2,445,072 ) (2,502,995 )
TOTAL ASSETS LESS CURRENT LIABILITIES 833,370 1,259,929

PROVISIONS FOR LIABILITIES 7 (67,264 ) (199,473 )
NET ASSETS 766,106 1,060,456

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 766,006 1,060,356
SHAREHOLDERS' FUNDS 766,106 1,060,456

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2025 and were signed by:





Mr L Lenik - Director


HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Hsn Care (Bricket Wood) 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 presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 derived from the operation of specialist care homes is recognised according to dates of occupancy and is exempt from value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred taxation is provided at the appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is reasonable profitability that a liability or asset will crystallise in the foreseeable future.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2023 - 48 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 3,750,000 16,388 3,766,388
Additions 28,835 21,734 50,569
Revaluations (528,835 ) - (528,835 )
At 31 December 2024 3,250,000 38,122 3,288,122
DEPRECIATION
At 1 January 2024 - 3,464 3,464
Charge for year - 6,216 6,216
At 31 December 2024 - 9,680 9,680
NET BOOK VALUE
At 31 December 2024 3,250,000 28,442 3,278,442
At 31 December 2023 3,750,000 12,924 3,762,924

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Properties which are freehold and long leasehold were valued on an open market basis at 31 December 2024 by the directors.

On an historical cost basis these would have been included at an original cost of £2,827,039 (2023: £2,798,204). Such properties are not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,056 1,020
Other debtors 11,469 12,712
12,525 13,732

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 5,625 2,318
Taxation and social security 117,070 140,926
Other creditors 2,371,399 2,402,881
2,494,094 2,546,125

7. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 67,264 199,473

Deferred
tax
£   
Balance at 1 January 2024 199,473
Credit to Income Statement during year (132,209 )
Balance at 31 December 2024 67,264

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

HSN CARE (BRICKET WOOD) LIMITED (REGISTERED NUMBER: 09549321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


9. ULTIMATE CONTROLLING PARTY

The ultimate parent company is HSN Care Limited which is in administration.