Intersco (HFHC) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13708821 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

INTERSCO (HFHC) 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

M A Quantock Shuldham

M J Brickles

H S Greene

REGISTERED OFFICE:

55 Loudoun Road

St. John's Wood

London

NW8 0DL

REGISTERED NUMBER:

13708821 (England and Wales)

AUDITOR:

mgr Audit Limited

Chartered Accountants

Statutory Auditors

55 Loudoun Road

St John's Wood

London

NW8 0DL

BANKERS:

Virgin Money

Jubilee House

Gosforth

Newcastle Upon Tyne

NE3 4PL

CURRENT ASSETS

Debtors

4

521,344

4,203,920

Cash at bank and in hand

13,156

31,810

534,500

4,235,730

CREDITORS

Amounts falling due within one year

5

534,499

4,235,729

NET CURRENT ASSETS

1

TOTAL ASSETS LESS CURRENT LIABILITIES

1

CAPITAL AND RESERVES

Called up share capital

6

1

SHAREHOLDERS' FUNDS

1

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 30 September 2026 and were signed on its behalf by:

H S Greene - Director

1.	STATUTORY INFORMATION

Intersco (HFHC) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road, St John's Wood, London, NW8 0DL. The principal place of business is Social Care Exchange, 1 Low Moor Road, 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 £.

2.	ACCOUNTING POLICIES

Accounting convention

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 the amount receivable for payroll services.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 107 (2025 - 109 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

89,804

46

Amounts owed by group undertakings

431,490

4,182,219

Other debtors

50

21,655

521,344

4,203,920

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

540

-

Amounts owed to group undertakings

2,662

3,726,055

Taxation and social security

205,983

185,547

Other creditors

325,314

324,127

534,499

4,235,729

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

1

Ordinary share capital

£1

1

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

The Report of the Auditor was unqualified.

Nigel Walfisz FCA (Senior Statutory Auditor)

for and on behalf of mgr Audit Limited

8.	CONTINGENT LIABILITIES

The company has granted a fixed and floating charge over its assets and undertaking in favour of Julian Hodge Bank Limited as security for borrowings of its ultimate parent undertaking, H Care 2025 Limited. At the balance sheet date, the borrowings secured by the charge amounted to £8,700,000. No liability has been recognised in these financial statements in respect of this arrangement as no default has occurred and no demand has been made against the company under the terms of the security agreement.

9.	ULTIMATE PARENT COMPANY

H Care 2025 Limited is the ultimate parent company, whose registered office is 55 Loudon Road, St John's Wood, London, NW8 0DL.