| Hatzfeld Care (Gainsborough) Limited |
| Notes to the Accounts |
| for the period from 1 July 2023 to 31 December 2024 |
|
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold and leasehold land (999 years), at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold and Leasehold Land and Buildings |
Not depreciated |
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Fixtures, fittings and equipment |
5% 15% 20% and 33% straight line |
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Debtors |
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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. |
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Creditors |
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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. |
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Provisions |
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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. |
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| 2 |
Audit information |
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The audit report is unqualified. |
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Senior statutory auditor: |
Adrian Parker FCA |
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Firm: |
Hemming Vincent |
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Date of audit report: |
22 September 2025 |
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| 3 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
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Average number of persons employed by the company |
23 |
|
0 |
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| 4 |
Tangible fixed assets |
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Freehold land and buildings |
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Fixtures, fittings and equipment |
|
Leasehold land and buildings |
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Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 July 2023 |
1,581,511 |
|
- |
|
- |
|
1,581,511 |
|
Additions |
3,731,002 |
|
1,509,682 |
|
1,207,765 |
|
6,448,449 |
|
At 31 December 2024 |
5,312,513 |
|
1,509,682 |
|
1,207,765 |
|
8,029,960 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
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Charge for the period |
- |
|
16,713 |
|
- |
|
16,713 |
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At 31 December 2024 |
- |
|
16,713 |
|
- |
|
16,713 |
|
|
|
|
|
|
|
|
|
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Net book value |
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At 31 December 2024 |
5,312,513 |
|
1,492,969 |
|
1,207,765 |
|
8,013,247 |
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At 30 June 2023 |
1,581,511 |
|
- |
|
- |
|
1,581,511 |
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|
The leasehold property is for a term of 999 years from 15th March 2006 with a peppercorn rent. |
|
| As at |
As at |
| 5 |
Debtors |
31/12/2024 |
30/06/2023 |
| £ |
£ |
|
|
Trade debtors |
342,599 |
|
56 |
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Other debtors |
48,392 |
|
107,096 |
|
|
|
|
|
|
390,991 |
|
107,152 |
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|
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|
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| As at |
As at |
| 6 |
Creditors: amounts falling due within one year |
31/12/2024 |
30/06/2023 |
| £ |
£ |
|
|
Trade creditors |
261,278 |
|
1,223 |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
1,676,782 |
|
1,688,743 |
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Taxation and social security costs |
62,012 |
|
- |
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Other creditors |
156,100 |
|
(330) |
|
|
|
|
|
|
2,156,172 |
|
1,689,636 |
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|
|
|
|
|
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| As at |
As at |
| 7 |
Creditors: amounts falling due after one year |
31/12/2024 |
30/06/2023 |
| £ |
£ |
|
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Bank loans |
6,321,148 |
|
- |
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| 8 |
Related party transactions |
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During the year the company traded with related party companies all under common control. |
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|
2024 |
|
2023 |
| £ |
£ |
|
|
Sales to these companies |
|
|
|
|
7,445 |
|
- |
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Purchases from these companies |
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|
|
|
150,012 |
|
- |
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Balances due to these companies at the year end |
- |
|
- |
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| 9 |
Controlling party |
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The company is controlled by the directors. |
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| 10 |
Other information |
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Hatzfeld Care (Gainsborough) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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|
Unit 3 Trentside Business Village |
|
Farndon Road |
|
Newark |
|
Nottinghamshire |
|
NG24 4XB |