Registration number:
Hilltop Manor Residential Care Home Limited
for the
Year Ended 31 March 2025
Hilltop Manor Residential Care Home Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hilltop Manor Residential Care Home Limited
Balance Sheet
as at 31 March 2025
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2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Allotted, called up and fully paid share capital |
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Profit and loss account |
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Shareholders' funds |
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Registration number: 03827623
Hilltop Manor Residential Care Home Limited
Balance Sheet
as at 31 March 2025 (continued)
For the financial year ending 31 March 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Hilltop Manor Residential Care Home Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2025
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General information |
The company is a private company limited by shares incorporated in England within the United Kingdom.
The company's registration number is 03827623.
The address of its registered office is:
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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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
Hilltop Manor Residential Care Home Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2025
(continued)
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Accounting policies (continued) |
Government grants
Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.
Tax
The tax expense for the period comprises current and deferred 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.
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and 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 over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Fixtures, fittings and equipment |
- 10% per annum on a reducing balance basis and 25% per annum on a straight line basis |
Goodwill
Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. At 1 April 2017 it was decided that goodwill be written off over 2 years. Provision was made for any impairment.
Hilltop Manor Residential Care Home Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2025
(continued)
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Accounting policies (continued) |
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
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 in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Defined contribution pension obligation
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year was
Hilltop Manor Residential Care Home Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2025
(continued)
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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At 1 April 2024 |
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At 31 March 2025 |
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Amortisation |
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At 1 April 2024 |
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At 31 March 2025 |
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Net book value: |
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At 31 March 2025 |
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Tangible assets |
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Fixtures, fittings and equipment |
Total |
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Cost |
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At 1 April 2024 |
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Additions |
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Disposals |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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Eliminated on disposal |
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At 31 March 2025 |
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Net book value |
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At 31 March 2025 |
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At 31 March 2024 |
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Hilltop Manor Residential Care Home Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2025
(continued)
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Debtors |
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Current |
2025 |
2024 |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Creditors |
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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Loans and borrowings |
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Taxation and social security |
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Corporation tax liability |
10,259 |
45,786 |
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Accruals and deferred income |
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Other creditors |
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Directors loan accounts |
347 |
1,163 |
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Due after one year |
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Bank loans and overdrafts |
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £