REGISTERED NUMBER: 13067006 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Hestia Homes For Children Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs N Markham

REGISTERED OFFICE:

Emerys Farm Beckfords

Upper Basildon

Reading

RG8 8PB

REGISTERED NUMBER:

13067006 (England and Wales)

ACCOUNTANTS:

Geoffrey Cole & Co

4 Reading Road

Pangbourne

Reading

Berkshire

RG8 7LY

FIXED ASSETS

Tangible assets

4

94,798

164,607

CURRENT ASSETS

Debtors

5

147,030

113,352

Cash at bank and in hand

10,288

4,855

157,318

118,207

CREDITORS

Amounts falling due within one year

6

167,024

436,710

NET CURRENT LIABILITIES

(9,706

)

(318,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

85,092

(153,896

)

PROVISIONS FOR LIABILITIES

17,412

-

NET ASSETS/(LIABILITIES)

67,680

(153,896

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

67,677

(153,899

)

67,680

(153,896

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 13 January 2026 and were signed by:

Mrs N Markham - Director

1.	STATUTORY INFORMATION

Hestia Homes For Children Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

The financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence, and will be able to meet its liabilities as they fall due, for a period of at least 12 months from the date of approval of these financial statements.

The financial statements of the company have been prepared under the going concern concept on the basis of continued financial support from the company's director and other creditors.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost, 33% on cost, 25% on cost and 10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

189,347

Additions

77,490

Disposals

(114,035

)

At 31 December 2024

152,802

DEPRECIATION

At 1 January 2024

24,740

Charge for year

33,355

Eliminated on disposal

(91

)

At 31 December 2024

58,004

NET BOOK VALUE

At 31 December 2024

94,798

At 31 December 2023

164,607

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

122,835

108,118

Other debtors

24,195

5,234

147,030

113,352

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

22,531

14,782

Trade creditors

37,392

3,602

Taxation and social security

34,601

12,113

Other creditors

72,500

406,213

167,024

436,710

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

250,000

180,000

Between one and five years

505,000

405,000

In more than five years

344,166

-

1,099,166

585,000

8.	RELATED PARTY DISCLOSURES

As at 31 December 2024, £12,287 (2023: -£252,991) was owed to the company by Duckquiff Ltd, a company in which N Markham is also a director. This loan is interest free and repayable on demand.

9.	MORTGAGE CHARGES

As at 31 December 2024, Unity Trust Bank Plc held fixed and floating charges over the assets of the company.