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Company Registration No. 04935302 (England and Wales)
Hillswood Care Limited Unaudited accounts for the year ended 30 November 2024
Hillswood Care Limited Unaudited accounts Contents
Page
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Hillswood Care Limited Company Information for the year ended 30 November 2024
Director
Paramanathan Barthipan
Company Number
04935302 (England and Wales)
Registered Office
Regus, AccountsHelp 1 Elmfield Park Bromley London BR1 1LU United Kingdom
Accountants
AccountsHelp Regus 1 Elmfield Park Bromley Kent BR1 1LU
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Hillswood Care Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
736,958 
683,943 
Current assets
Debtors
30,168 
122,478 
Cash at bank and in hand
1,151 
79,971 
31,319 
202,449 
Creditors: amounts falling due within one year
(349,211)
(516,146)
Net current liabilities
(317,892)
(313,697)
Total assets less current liabilities
419,066 
370,246 
Creditors: amounts falling due after more than one year
- 
(17,410)
Provisions for liabilities
Deferred tax
(2,273)
(9,400)
Net assets
416,793 
343,436 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
165,738 
109,581 
Profit and loss account
250,955 
233,755 
Shareholders' funds
416,793 
343,436 
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 August 2025 and were signed on its behalf by
Paramanathan Barthipan Director Company Registration No. 04935302
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Hillswood Care Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Hillswood Care Limited is a private company, limited by shares, registered in England and Wales, registration number 04935302. The registered office is Regus, AccountsHelp, 1 Elmfield Park, Bromley, London, BR1 1LU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20 - 25% reducing balance
Fixtures & fittings
21 - 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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Hillswood Care Limited Notes to the Accounts for the year ended 30 November 2024
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Land and buildigns
Directors decided not to depreciate Land and Buildings, accordingly past calculated depreciation has been reversed to reflect current fair value.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
725,000 
27,008 
12,252 
764,260 
Additions
- 
990 
- 
990 
Disposals
- 
- 
(12,252)
(12,252)
At 30 November 2024
725,000 
27,998 
- 
752,998 
Depreciation
At 1 December 2023
59,000 
12,053 
9,264 
80,317 
Charge for the year
(59,000)
3,987 
- 
(55,013)
On disposals
- 
- 
(9,264)
(9,264)
At 30 November 2024
- 
16,040 
- 
16,040 
Net book value
At 30 November 2024
725,000 
11,958 
- 
736,958 
At 30 November 2023
666,000 
14,955 
2,988 
683,943 
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Hillswood Care Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,668 
24,435 
Amounts due from group undertakings etc.
- 
97,973 
Accrued income and prepayments
2,000 
- 
Other debtors
500 
70 
30,168 
122,478 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,667 
9,802 
Trade creditors
29,354 
31,986 
Taxes and social security
11,237 
48,778 
Other creditors
7,071 
- 
Loans from directors
281,167 
425,580 
Accruals
1,172 
- 
Deferred income
2,543 
- 
349,211 
516,146 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
17,410 
8
Average number of employees
During the year the average number of employees was 35 (2023: 30).
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