Hospice Quality Partnership Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09236150 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Hospice Quality Partnership Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs. T F O'Keefe

Mr M W Corbishley

Ms H M Rose

Mr M A Lockton-Goddard

Mr B S Dhol

REGISTERED OFFICE:

Suite 27

Beechfield House Winterton Way

Lyme Green Business Park

Macclesfield

Cheshire

SK11 0LP

REGISTERED NUMBER:

09236150 (England and Wales)

ACCOUNTANTS:

Robert Hayden & Co

195 Bramhall Lane

Stockport

Cheshire

SK2 6JA

FIXED ASSETS

Tangible assets

4

2,708

2,600

CURRENT ASSETS

Debtors

5

68,439

117,729

Cash at bank and in hand

48,511

59,027

116,950

176,756

CREDITORS

Amounts falling due within one year

6

198,005

171,836

NET CURRENT (LIABILITIES)/ASSETS

(81,055

)

4,920

TOTAL ASSETS LESS CURRENT LIABILITIES

(78,347

)

7,520

CREDITORS

Amounts falling due after more than one year

7

100,000

178,500

NET LIABILITIES

(178,347

)

(170,980

)

CAPITAL AND RESERVES

Called up share capital

660

660

Retained earnings

(179,007

)

(171,640

)

(178,347

)

(170,980

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 August 2020 and were signed on its behalf by:

Mr D A Hales - Director

1.	STATUTORY INFORMATION

Hospice Quality Partnership Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

Office equipment - 25% straight line basis

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the statement of financial position 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.

Going concern

The financial statements are prepared on a going concern basis as the directors, after taking

into consideration the monthly management accounts and cashflow forecasts, believe that

this basis is appropriate.

Whilst the impact of COVID-19 has been assessed by the directors, due to its

unprecedented impact on the wider economy it is difficult to evaluate with any certainty the

potential effect on the company's activities and the related income and expenditure.

However, taking into consideration the UK Government's response, including the grant and

loan received to date, the company continues to adopt the going concern basis in preparing

its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

4,616

Additions

1,683

At 31 March 2020

6,299

DEPRECIATION

At 1 April 2019

2,016

Charge for year

1,575

At 31 March 2020

3,591

NET BOOK VALUE

At 31 March 2020

2,708

At 31 March 2019

2,600

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

50,135

97,733

Other debtors

18,304

19,996

68,439

117,729

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Payments on account

-

10

Trade creditors

4,620

26,472

Taxation and social security

28,209

25,383

Other creditors

165,176

119,971

198,005

171,836

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Other creditors

100,000

178,500