Haywards Heath Homecare Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09037208 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

FOR

HAYWARDS HEATH HOMECARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S R Leach

SECRETARY:

REGISTERED OFFICE:

6 Quarry Street

Guildford

Surrey

GU1 3UR

REGISTERED NUMBER:

09037208 (England and Wales)

ACCOUNTANTS:

Ashdown Price Chartered Accountants

6 Quarry Street

Guildford

Surrey

GU1 3UR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

11,851

3,913

11,851

3,913

CURRENT ASSETS

Stocks

46,679

42,716

Debtors

6

40,880

615

Cash at bank and in hand

10,311

32,883

97,870

76,214

CREDITORS

Amounts falling due within one year

7

30,099

39,082

NET CURRENT ASSETS

67,771

37,132

TOTAL ASSETS LESS CURRENT LIABILITIES

79,622

41,045

CREDITORS

Amounts falling due after more than one year

8

32,196

-

NET ASSETS

47,426

41,045

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

47,416

41,035

SHAREHOLDERS' FUNDS

47,426

41,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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 4 July 2022 and were signed by:

S R Leach - Director

1.	STATUTORY INFORMATION

Haywards Heath Homecare 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

33% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2020

and 31 July 2021

8,000

AMORTISATION

At 1 August 2020

and 31 July 2021

8,000

NET BOOK VALUE

At 31 July 2021

-

At 31 July 2020

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2020

9,588

Additions

10,359

At 31 July 2021

19,947

DEPRECIATION

At 1 August 2020

5,675

Charge for year

2,421

At 31 July 2021

8,096

NET BOOK VALUE

At 31 July 2021

11,851

At 31 July 2020

3,913

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Trade debtors

6,755

98

Other debtors

34,125

517

40,880

615

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Bank loans and overdrafts

7,804

-

Trade creditors

8,826

7,449

Taxation and social security

10,301

15,374

Other creditors

3,168

16,259

30,099

39,082

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.21

31.7.20

£

£

Bank loans

32,196

-