Heatherdale Healthcare Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05469065 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

HEATHERDALE HEALTHCARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B S Sanghera

REGISTERED OFFICE:

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

REGISTERED NUMBER:

05469065 (England and Wales)

ACCOUNTANTS:

The Carley Partnership

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

FIXED ASSETS

Intangible assets

4

76,667

96,667

Tangible assets

5

964,667

975,915

1,041,334

1,072,582

CURRENT ASSETS

Debtors

6

2,179,297

2,334,970

Cash at bank

1,137,924

708,579

3,317,221

3,043,549

CREDITORS

Amounts falling due within one year

7

311,761

434,261

NET CURRENT ASSETS

3,005,460

2,609,288

TOTAL ASSETS LESS CURRENT LIABILITIES

4,046,794

3,681,870

PROVISIONS FOR LIABILITIES

29,661

18,175

NET ASSETS

4,017,133

3,663,695

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

4,017,033

3,663,595

SHAREHOLDERS' FUNDS

4,017,133

3,663,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 June 2022 and were signed by:

B S Sanghera - Director

1.	STATUTORY INFORMATION

Heatherdale Healthcare 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.

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 2006, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Land and buildings

-

2% on historical cost

Plant and machinery etc

-

33% on cost and 20% on cost

Freehold land and buildings are not depreciated. This represents a departure from the provisions of the Companies Act 2006. The company has a policy and practice of regular maintenance and repair, the charges for which are recognised in the income statement as incurred. The company believes that such a policy ensures that the residual value of its property at the balance sheet date is maintained at a level which is not materially different from the carrying amount of the asset. As such, no depreciation charge is made on the grounds that any such charge would be immaterial.

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 the profit and loss account 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 scheme are charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 (2020 - 62 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2020

and 30 September 2021

400,000

AMORTISATION

At 1 October 2020

303,333

Charge for year

20,000

At 30 September 2021

323,333

NET BOOK VALUE

At 30 September 2021

76,667

At 30 September 2020

96,667

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2020

and 30 September 2021

1,060,000

55,189

1,115,189

DEPRECIATION

At 1 October 2020

84,933

54,341

139,274

Charge for year

10,400

848

11,248

At 30 September 2021

95,333

55,189

150,522

NET BOOK VALUE

At 30 September 2021

964,667

-

964,667

At 30 September 2020

975,067

848

975,915

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

336,308

132,218

Amounts owed by group undertakings

1,750,643

2,083,636

Other debtors

92,346

119,116

2,179,297

2,334,970

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

99,379

216,204

Other creditors

212,382

218,057

311,761

434,261

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

100

Ordinary

£1

100

100