HFHC Healthcare Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05738967 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HFHC HEALTHCARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P A de Savary

H J de Savary

J Hurley

K D Janes

M A Quantock Shuldham

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

05738967 (England and Wales)

AUDITORS:

MGR Weston Kay LLP

Statutory Auditors

55 Loudoun Road

St John's Wood

London

NW8 0DL

BANKERS:

Virgin Money

Jubilee House

Gosforth

Newcastle Upon Tyne

NE3 4PL

FIXED ASSETS

Tangible assets

3

-

9

CURRENT ASSETS

Debtors

4

1,295,771

277,020

Cash at bank

70,109

57,241

1,365,880

334,261

CREDITORS

Amounts falling due within one year

5

(1,253,040

)

(224,508

)

NET CURRENT ASSETS

112,840

109,753

TOTAL ASSETS LESS CURRENT LIABILITIES

112,840

109,762

CAPITAL AND RESERVES

Called up share capital

6

224

Retained earnings

112,616

109,538

SHAREHOLDERS' FUNDS

112,840

109,762

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 Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:

P A de Savary - Director

1.	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.

Turnover

Turnover represents amounts receivable for the supply of care staff charged on an hourly basis and associated costs net of VAT.

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

-

20% - 33% straight line

Taxation

The tax expense represents the sum of the tax currently payable.

Taxation

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 by the reporting end date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 32 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

24,066

DEPRECIATION

At 1 April 2024

24,057

Charge for year

9

At 31 March 2025

24,066

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

9

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

205,384

24,453

Amounts owed by group undertakings

1,089,583

221,801

Other debtors

804

30,766

1,295,771

277,020

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

95

36,247

Amounts owed to group undertakings

862,867

131,709

Taxation and social security

283,399

11,801

Other creditors

106,679

44,751

1,253,040

224,508

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

200

Ordinary A share capital

£1

200

24

Ordinary B share capital

£1

24

224

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nigel Walfisz FCA (Senior Statutory Auditor)

for and on behalf of MGR Weston Kay LLP

8.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The company has a contingent liability relating to cross guarantees in place with other group companies to secure bank finance.

9.	PARENT COMPANY

H Care Limited is the parent company, whose registered office address is 55 Loudoun Road, St John's Wood, London, NW8 0DL.

10.	GENERAL INFORMATION

HFHC Healthcare Limited is a private company limited by shares incorporated in england and Wales. The registered office is 55 Loudoun Road, St John's Wood, NW8 0DL. The principal place of business is Newporte House, Doddington Road, Lincoln, LN6 3JY.

The financial statements are prepared in sterling. which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.