Hollybank Nursing Home Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03121760

Hollybank Nursing Home Limited

Filleted Unaudited Abridged Financial Statements

31 December 2024

Hollybank Nursing Home Limited

Abridged Financial Statements

Year Ended 31 December 2024

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Hollybank Nursing Home Limited

Abridged Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed Assets

Tangible assets	6		273,835	287,161

Current Assets

Stocks	700	700
Debtors	18,369	49,370
Cash at bank and in hand	14,209	5,011
	--------	--------
	33,278	55,081

Creditors: amounts falling due within one year	176,779		143,253
	---------		---------
Net Current Liabilities		143,501	88,172
		---------	---------
Total Assets Less Current Liabilities		130,334	198,989

Provisions

Taxation including deferred tax	3,440	3,893
	---------	---------
Net Assets	126,894	195,096
	---------	---------

Capital and Reserves

Called up share capital	7	73	73
Other reserves		27	27
Profit and loss account		126,794	194,996
		---------	---------
Shareholders Funds		126,894	195,096
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

Hollybank Nursing Home Limited

Abridged Statement of Financial Position (continued)

31 December 2024

These abridged financial statements were approved by the board of directors and authorised for issue on 4 September 2025 , and are signed on behalf of the board by:

Mrs M A Dibb

Director

Company registration number: 03121760

Hollybank Nursing Home Limited

Notes to the Abridged Financial Statements

Year Ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30-32 Skinner Street, Creswell, Worksop, Nottinghamshire, S80 4JH.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents residents fees chargeable for the reported period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land & Buildings	-	2% straight line
Plant & Machinery	-	20% reducing balance
Fixtures & Fittings	-	5% straight line

Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

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

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 41 (2023: 39 ).

5. Intangible assets

	£
Cost
At 1 January 2024 and 31 December 2024	10,000
	--------
Amortisation
At 1 January 2024 and 31 December 2024	10,000
	--------
Carrying amount
At 31 December 2024	–
	--------
At 31 December 2023	–
	--------

6. Tangible assets

	£
Cost
At 1 January 2024 and 31 December 2024	694,258
	---------
Depreciation
At 1 January 2024	407,097
Charge for the year	13,326
	---------
At 31 December 2024	420,423
	---------
Carrying amount
At 31 December 2024	273,835
	---------
At 31 December 2023	287,161
	---------

7. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	73	73	73	73
	----	----	----	----

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	14,629	14,629
Later than 1 year and not later than 5 years	40,230	54,860
	--------	--------
	54,859	69,489
	--------	--------